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Lygos Finance

Lygos Finance

Lending & Yield·lygos.finance

About Lygos Finance

Lygos Finance is a non-custodial Bitcoin-backed lending platform that allows holders to borrow USD liquidity against their BTC without selling or relinquishing custody. The platform uses Discreet Log Contracts (DLCs), a native Bitcoin Layer 1 cryptographic mechanism, to lock collateral in a co-signed contract that neither Lygos nor the lender can unilaterally move. All loan outcomes, including repayment, liquidation, and lender default, are defined and enforced on-chain, making rehypothecation structurally impossible. The product targets Bitcoin holders seeking liquidity while avoiding the counterparty risks associated with custodial crypto lenders; the team includes alumni from Anchorage Digital, LedgerX, Atomic Finance, JPMorgan Chase, and Starkware.

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last updated 21 Jul 2026

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