No LTV Liquidations
Liquidium does not use Loan-to-Value (LTV) based liquidations. The loan status depends on repayment within the set duration. If not repaid, the loan defaults and the collateral goes to the lender.
Max Offer Amount
The maximum amount you can offer as a lender is tied to the floor price of the corresponding collection. This means you can't lend more than the lowest-valued Ordinal in that collection. The floor price information is from Magic Eden.
If the floor price falls below the lender's offer amount, the lender will be notified.
What’s APY and how do I calculate it?
APY (Annual Percentage Yield) is the interest rate applied annually to a loan, including compound interest, showing the effective annual interest rate.
Who pays transaction fees?
Transaction fees are paid by the one broadcasting the transaction. Here are the possibilities:
Lender starts a loan → Borrower pays fees.
Borrower repays loan → Borrower pays fees.
Borrower claims ordinal (after repayment) → Borrower pays fees.
Lender claims ordinal (once loan ends without repayment) → Lender pays fees.
Does Liquidium charge fees?
Yes, Liquidium receives a 20% platform fee of the total borrowing cost rate charged on the loan. No fees are charged in case of a loan default.
The platform fee is subject to change.
Loan duration and borrowing cost rate / yield
Liquidium determines the duration and borrowing cost rate based on historical loan data, floor price volatility, trading volume, loan volume, and more. Terms are established for each collection individually, and you can find the current terms on Liquidium's website.
Is the team behind Liquidium public?
Yes, the Liquidium team is public. You can find everyone on LinkedIn with their real names. There's Robin (CEO), Julian (CMO), Pete (CTO), Luke (Head of Product Architecture), Sam (Lead Back End Dev), Kate (Head of Marketing), Shudu (Lead Data Analytics), James (HR/Operations), Bogdan (Lead Bitcoin Dev) and Dylan (Full Stack Dev and Muhammad Bayou (Head of Discord Management).
What technology does Liquidium use?
Liqudium uses PSBTs and DLCs for the lending process.
For Ordinal loans Liquidium is partnered with DeepLake for their DLC APIs and Oracle.
You can learn more about DeepLake here.
Liquidium is currently rolling out their new in-house DLC and oracle infrastructure labeled as DLC v2 which is an improved version of the infrastructure and does not rely on third parties and comes with improved security, better performance, and no need for the borrower to unlock their collateral after a successful repayment. Soon all new loans will use the improved v2 DLCs.
How long do transactions take on Liquidium?
Transactions typically take a minimum of 10 minutes and can last a few hours.
Delays may occur due to spikes in mempool fees.
What is the minimum loan size i can do?
Currently the minimum loan offer and minimum loan amount on Liquidium is 0.0003 BTC.
What collections can I find on Liquidium?
Liquidium features a diverse range of collections, sourced from Magic Eden’s API. To explore the current available collections, visit the website here.
If you have a collection to suggest, please use the chat widget and select "Collection Listing Request".
Does Liquidium use unconfirmed TXs?
No, Liquidium only uses confirmed Bitcoin. If you don't have enough BTC funds in your wallet, you will not be able to use Liquidium. Similarly, if your BTC is being sent but is unconfirmed, Liquidium will not use it in our TXs and therefore will not be used on Liquidium.