Yesterday, Bitcoin fell to its lowest level since October 2024. This triggered margin calls for some borrowers. 1.7% of processed loans were impacted, affecting 0.6% of all platform users. Meanwhile, 4,800+ users topped up collateral in the last 7 days. If you have an active loan, here's what matters: ✅ You get three margin call warnings on Firefish (at CHI 33%, 22%, 11%) before liquidation at CHI 0%. These give you time to respond. ✅ Your options: Add Bitcoin collateral (instant) or pay down your loan (takes longer).

A platform where Bitcoiners borrow cash and Investors earn yield by lending in USDC, EUR, CHF, CZK and other currencies. Available globally.

Firefish – Non-Custodial Bitcoin-Backed Lending Marketplace

Borrow fiat without selling Bitcoin. Lend cash and earn fixed returns, secured by Bitcoin. Firefish is the open, non-custodial market for peer-to-p...