Lygos logo

Lygos

Est. 2023
Visit Lygos →
LendersDLCinstitutional loansnon-custodial
Last verified Oct 26, 2026
Founded
Est. 2023
src: company records
Company Type
Private
src: 21Rates
Max LTV
70%
src: Lygos — FAQ · as of Oct 25, 2026
Transaction Fee
0%
src: Lygos — home · as of Oct 25, 2026
Liquidation LTV
90%
src: Lygos — FAQ · as of Oct 25, 2026

About Lygos

Lygos is a Bitcoin-backed lending platform that lets users borrow against Bitcoin without selling, using non-custodial DLC-powered loans with zero wrapping, no rehypothecation, and on-chain verifiability.

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Key Facts

Verified data
Max LTV
Maximum loan-to-value ratio
Transaction Fee
Per-transaction fee
Liquidation LTV
LTV at which collateral is liquidated
Custody Model
Custodial or Non-custodial lending model (custodial | non-custodial)

Leadership

Jay Patel logo
Jay Patel
Co-founder and CEO
in ↗
Tony Cai logo
Tony Cai
Co-founder and COO
in ↗
Matthew Black logo
Matthew Black
Co-founder and CTO
in ↗
Francis Corvino logo
Francis Corvino
Co-founder

Services

No services listed yet.

Recent Reviews

No reviews yet.

Company Details

Year formedEst. 2023
Founded inN/A (Bitcoin Lightning project)

Data Provenance

✓Facts verified by 21Rates research · Oct 26, 2026
✓1 sources cited on this page
21rates.com/companies/1121/lygos · structured data: Organization · Person ×4 · VideoObject ×1

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