Borrow Against
Your Bitcoin

  • Get liquidity today.
  • No liquidations.
  • No margin calls.
  • No banks.
Get Started

How It Works

1

Lock

Lock your Bitcoin as collateral in a secure, non-custodial smart contract. You keep your keys.

2

Receive

Get liquidity upfront. Interest is deducted at the start, so there are no monthly payments.

3

Settle

At maturity, the lender gets their fixed claim. You automatically get back the rest of your Bitcoin.

See It In Action

A real example showing exactly how a Cadena loan works from start to finish.

Collateral
1 BTC
BTC Price
$64,029
Loan-to-Value
50%

You Receive Today

$28,784

worth of liquidity at current prices

Into Smart Contract

Loan Amount (50% of 1 BTC)0.50000000 BTC
Plus Discounted Interest (10% APY)+0.04545454 BTC
Plus Cadena Fee+0.00500000 BTC
You Lock in Contract0.55045454 BTC

Liquidity You Receive Today

Loan Amount (50% of 1 BTC)0.50000000 BTC
Minus Interest (10% APY)-0.04545454 BTC
Minus Cadena Fee-0.00500000 BTC
You Receive Now0.44954546 BTC

Note: You need to sell this amount to get USD liquidity, which is handled in a later step.

At Maturity

The lender has a fixed claim on $32,015 worth of Bitcoin at settlement.

An oracle reports the BTC price. The lender gets exactly $32,015 in BTC value. You get back whatever is left.

Key insight: If Bitcoin's price goes up, you keep more of your collateral. If it goes down, the lender takes more, but there are no margin calls or liquidations during the loan.

What You Get as a Borrower

$

Immediate Liquidity

Receive Bitcoin you can sell, spend, or use however you want. No waiting.

↑

Keep Your Upside

Your collateral stays exposed to Bitcoin's price. If BTC moons, you benefit.

✗

No Liquidations

No margin calls. No forced selling. Your loan runs to maturity no matter what.

↻

Automatic Settlement

No repayment actions needed. The contract settles automatically at maturity.

🔑

Your Keys, Your Coins

Truly non-custodial. Cadena never takes possession of your Bitcoin.

⛓

On-Chain Security

Secured by DLC technology on the Bitcoin blockchain. No sidechains or wrapped tokens.

What Happens at Settlement?

See how your loan settles based on Bitcoin's price at maturity. Lender always gets their $32,015 worth of BTC. You get the rest.

⇈

If BTC Doubles to $128,059

Lender gets:0.25 000 000 BTC ($32,015)
You get back:0.75 000 000 BTC ($96,044)
↑

If BTC Rises to $96,044

Lender gets:0.33 333 333 BTC ($32,015)
You get back:0.66 666 667 BTC ($64,029)
→

If BTC Stays at $64,029

Lender gets:0.50 000 000 BTC ($32,015)
You get back:0.50 000 000 BTC ($32,015)
↓

If BTC Falls 25% to $48,022

Lender gets:0.66 666 667 BTC ($32,015)
You get back:0.33 333 333 BTC ($16,007)
↓↓

If BTC Crashes 50% to $32,015

Lender gets:1.00 000 000 BTC ($32,015)
You get back:0.00 000 000 BTC ($0)

Even in this scenario, there are no margin calls or forced liquidations during the loan term.

Ready to Unlock Your Bitcoin's Value?

Get liquidity without selling. Keep your upside. No liquidations, no banks, no middlemen.

Create Your Account

Questions? Read our FAQ or contact us.