CORE / 01
Automated rate discovery
Live comparison across Kamino, Jupiter, MarginFi and Perena, with borrowing routed to the venue offering the best terms for your specific collateral and size — recalculated as conditions change.
CREDIT EARN PTE. LTD. — SINGAPORE
Get liquidity.
Don't sell
the asset.
borrow.cheap is a non-custodial credit platform for holders of SOL and BTC-denominated assets. Post collateral, borrow against it, and keep your exposure to future appreciation. An automated risk engine handles rate discovery and watches every position around the clock.
CustodyNon-custodial — wallet-based, keys stay with youOK
CollateralSOL and BTC-denominated assets2 CLASSES
RoutingKamino · Jupiter · MarginFi · Perena4 VENUES
PositionsIndividually tracked on-chain, not pooledPER-USER
MonitoringContinuous LTV, price, liquidity, threshold checks24/7
Collateral posted
142.0 SOL
Borrowed
9,400 USDC
Best routed APR
5.12%
Health factor
1.84
Loan to value41.2%
0%SAFE ZONE100%
Rate discovery — live venue comparison
Kamino5.12% APRROUTED
MarginFi5.68% APRSTANDBY
Jupiter5.94% APRSTANDBY
Perena6.31% APRSTANDBY
Illustrative interface. Rates, factors and thresholds vary by venue and market condition.
The gap
Borrowing works.
Babysitting it
does not.
Collateralised credit is one of the few genuinely useful things in digital-asset markets. The problem is everything around it: comparing rates by hand, migrating collateral between venues, and watching a liquidation threshold while you sleep.
01
Manual rate comparison
Borrow rates differ across venues and move with utilisation. Finding the cheapest venue means checking several interfaces, and the answer expires quickly.
02
Collateral migration
Acting on a better rate means unwinding a position and rebuilding it elsewhere — multiple transactions, fees and a window where you are exposed to a partial state.
03
Round-the-clock monitoring
Loan-to-value, collateral price, pool liquidity and liquidation thresholds all move continuously. Markets do not respect your time zone or your sleep schedule.
04
Idle collateral
Posted collateral usually sits doing nothing while interest accrues against it. Capital that could be offsetting your own borrowing cost is simply parked.
05
Opaque terms
Rates, factors and risk metrics are often buried behind documentation or scattered across dashboards, which is exactly where borrowers make expensive mistakes.
Risk engine
Automated
vigilance.
The engine runs continuously against every individually tracked position. It looks for two things: a cheaper way to hold your debt, and an early sign that your position is drifting toward trouble.
STEP 01
Observe
Collateral prices, venue borrow rates, pool liquidity, utilisation and threshold parameters are polled continuously across all connected venues.
STEP 02
Evaluate
Each position is scored on loan-to-value headroom, rate competitiveness and liquidity depth — so a technically safe position with thin exit liquidity is not treated as safe.
STEP 03
Optimise
When a materially better rate exists and the move is worth its cost, the engine can route borrowing to the cheaper venue rather than leaving you on a stale rate.
STEP 04
Protect
If conditions deteriorate, the engine can reduce exposure — partially repaying or de-risking a position before a liquidation threshold is reached instead of after.
A
Yield applied to your debt
Unused collateral may be deployed through conservative strategies, with returns applied against the outstanding balance where appropriate — lowering the effective cost of the loan rather than accumulating somewhere unrelated.
B
Everything on screen
Live rates, collateral requirements, loan terms and risk metrics are presented in the application itself — not in a footnote. If a number drives a decision, it is visible before you act.
Platform
What the
platform does.
A wallet-based interface over established lending venues, with position tracking and risk automation layered on top.
CORE / 02
Position-level risk controls
Positions are tracked individually on-chain rather than pooled together, so each one carries its own health factor, thresholds and automation rules. Your risk is yours alone.
03
Wallet-based access
Connect a self-custody wallet. No account creation, no deposits into an internal ledger, no counterparty holding your collateral.
04
Live term sheet
Collateral factor, borrow APR, liquidation threshold and total cost shown before you confirm — and continuously afterwards.
05
Collateral productivity
Optional conservative deployment of unused collateral, with proceeds applied against your outstanding debt.
06
Built for automated callers
The same rate, risk and position data that drives the interface is available programmatically, so treasury tools and autonomous agents can monitor health factors, trigger repayments or open positions within limits defined by the account owner. Automation is permitted to act — never to exceed its mandate.
Collateral
Two asset
classes. Clearly
specified.
We support the collateral with the deepest liquidity and the most reliable pricing, because thin collateral is how borrowers get liquidated on a wick.
Collateral factorup to 65%
Liquidation threshold75%
Borrow assetUSDC
Indicative APRfrom 5.12%
Venues available4
Collateral factorup to 70%
Liquidation threshold78%
Borrow assetUSDC
Indicative APRfrom 4.86%
Venues available3
Figures are indicative and set by the underlying venues. Actual terms depend on venue parameters, utilisation and market conditions at execution.
Who it serves
Three kinds
of borrower.
All of them share one trait: they would rather borrow against an asset than part with it.
01
Long-term holders
You have conviction and a time horizon measured in years. Selling to cover a short-term need means giving up the position and realising a taxable event you did not want.
02
Active traders
You need working capital quickly and care about basis points, execution and the exact liquidation mechanics — not marketing language about capital efficiency.
03
Digital businesses
Payroll and vendors need stablecoins this month; your treasury is held in appreciating assets. Credit bridges the gap without liquidating the balance sheet.
Fees & risk
Priced in
the open.
Three fees, all disclosed in the application before you confirm a position. No spread widening, no hidden origination charge.
FEE 01
Borrowing fee
A transparent charge on borrowed amounts, shown alongside the venue's own interest rate so you can see the full cost of the loan in one number.
FEE 02
Optimisation fee
Charged on the value the engine creates — routing to a cheaper venue or applying collateral yield against your debt. No improvement, no fee.
FEE 03
Integration fee
For partners and platforms embedding collateralised borrowing into their own products through our programmatic interface.
Liquidation risk is real
Borrowing against volatile collateral can result in the loss of that collateral. If the value of your posted assets falls far or fast enough, your position can be liquidated — potentially at an unfavourable price and potentially faster than any automation can react. Our risk engine is designed to reduce the likelihood of that outcome; it cannot eliminate it, and no honest platform will tell you otherwise. Borrow amounts you can service, keep meaningful headroom above the liquidation threshold, and understand the venue parameters before you commit collateral.
FAQ
Read this
before you
borrow.
Specific answers about custody, mechanics and failure modes.
Do you take custody of my collateral?
No. borrow.cheap is non-custodial. You interact through your own wallet, and positions are held on-chain in your name at the underlying venues. We route and monitor; we do not hold.
Where does the money actually come from?
From established lending venues — Kamino, Jupiter, MarginFi and Perena. We are not a lender of record. Our contribution is rate discovery, position tracking and automated risk management across those venues.
Can I be liquidated?
Yes. If your loan-to-value ratio crosses the venue's liquidation threshold, your collateral can be liquidated. The risk engine monitors continuously and can de-risk in advance, but sharp price moves can outpace any automated response.
What does "individually tracked positions" mean for me?
Your position is not commingled into a shared pool with other users. Its health factor, collateral and thresholds are its own, so another borrower's mistake does not become your problem.
How does the yield-against-debt feature work?
Where policy allows and conditions are appropriate, unused collateral can be deployed in conservative strategies, and returns are applied against your outstanding balance. It reduces effective borrowing cost and it is optional.
What happens if a venue has a problem?
Venue-level liquidity and health are part of what the engine evaluates. If a venue deteriorates, routing avoids it and existing exposure can be reduced — though funds already committed to a venue remain subject to that venue's own risks.
Is there a minimum position size or lock-up?
No lock-up. You can repay and withdraw collateral at any time, subject to the underlying venue's liquidity. Practical minimums depend on transaction economics rather than a policy we impose.
Get started
Keep the
asset. Get
the cash.
Connect a wallet, review the live term sheet, and open a position with the risk metrics in front of you. Borrow only what you can comfortably service.