Libre: Transparent Bitcoin Lending
Borrow USDT against your Bitcoin, or earn fixed interest by lending—with fully segregated, verifiable collateral and no middlemen.
Borrow USDT using Bitcoin as collateral, or earn fixed-rate interest by lending USDT—all backed by segregated, on-chain verifiable Bitcoin collateral.
Why Libre Is Different
Most lending platforms pool your Bitcoin with everyone else's. If something goes wrong, you're just a creditor in line.
Libre doesn't work that way.
When you borrow on Libre, your Bitcoin goes into your own vault address—separate from every other borrower. You can verify your exact Bitcoin on the blockchain anytime. It's never pooled, never lent out, never rehypothecated.
When you lend on Libre, every loan is backed by ~300% Bitcoin collateral sitting in segregated vaults you can audit yourself.
Track Record
Repayment Rate
94.5%
Collateral Ratio
~300%
Operating History
1+ year
Liquidation Buffer
72 hours
No surprise liquidations. No hidden fees. No games.
For Borrowers
Your Bitcoin stays yours.
Deposit BTC to your unique vault address (not a shared pool)
Borrow USDT at a fixed rate—you know exactly what you'll pay
If Bitcoin price drops, you get 72 hours to add collateral or repay
Repay and get your exact Bitcoin back
Your vault address is visible on the Bitcoin blockchain. Verify it anytime.
For Lenders
Your USDT is protected by Bitcoin collateral you can verify.
Deposit USDT into a fixed-rate pool
Every borrower must post ~200%+ Bitcoin collateral
If a borrower can't repay, their Bitcoin is liquidated to cover your position
Withdraw your USDT plus interest anytime (subject to pool liquidity)
All collateral vaults are public. You can audit every Bitcoin backing every loan.
How It Works
Borrowing with BTC
Deposit BTC to your unique vault address (segregated from all other loans)
Take out a USDT loan (e.g., 50% LTV) from available pools
Monitor your liquidation price and LTV in real-time
Repay to unlock your exact Bitcoin from your vault
Lending USDT
Deposit USDT into a fixed-rate lending pool (need USDT? see how to peg in)
Receive TP tokens representing your stake in the pool
Earn interest as borrowers pay against their Bitcoin collateral
Redeem TP for USDT anytime (subject to pool liquidity)
Every loan uses segregated Bitcoin collateral — each borrower gets their own vault address that anyone can verify on-chain. No pooled collateral, no rehypothecation.
Liquidations are triggered automatically if LTV crosses 80%, with a 72-hour buffer for recovery.
Security & Transparency
Custody & Security — How your Bitcoin and USDT are protected
Liquidation Process — The 72-hour buffer and how it works
How to Verify Collateral — Audit any vault yourself
More Resources
Getting Started
Earning Beyond Lending
Technical
Ready to Get Started?
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