Ledn: Centralised like Arch, simple boring and needs KYC. Good for a standard 50% LTV, but rates are pretty high.
Aave: Transparent and on-chain, but there’s so many different pools to go through and different kinds of wrapped BTC. Not exactly easy for non DeFi natives
Unchained: You hold a key in a multisig vault. Rates are higher than many others too.
FireFish: P2P, but there’s KYC and locked terms. Need to balance asking rates and terms to get someone to pick up loan requests.
Researching more takes a lot of time, but notable mention: Sats Terminal, all the lowest market rates at a glance and borrowing directly on their site. Non-custodial and no locked terms too.
Posted by Forward-Speed-6665