CoinRabbit, a crypto asset management platform, has announced a significant reduction in its crypto lending rates, now starting at 11.95% APR. The rate cut applies specifically to loans collateralized by XRP and over 300 other digital assets, positioning the platform as one of the most competitive in the centralized finance (CeFi) lending space.
The new rates represent a notable drop from historical levels, which previously reflected market conditions and ranged around 17%. Participants in CoinRabbit's Private Program can access even lower, custom-tailored rates based on their borrowing needs. Final interest rates are determined by the loan-to-value (LTV) ratio—which can range from 50% to 90%—and the chosen loan terms, with options for both fixed-term and open-ended loans.
"Reducing rates is part of refining the financial model to make lending more efficient for diverse portfolios," said Walter Barrett, Chief Strategy & Growth Officer at CoinRabbit. "In today's dynamic market, the goal is to provide a capital preservation tool that offers liquidity while keeping assets invested."
Alongside the rate reduction, CoinRabbit offers two distinct liquidation LTV options for risk management. The standard option follows the market norm with an 80% liquidation threshold. A more conservative option offers a liquidation LTV of 90–95%, providing a larger buffer against price drops before a position is liquidated. The platform issues instant alerts as collateral values approach these thresholds, giving borrowers time to adjust their positions.
The process for obtaining a loan involves choosing collateral (XRP, BTC, or 300+ other assets), selecting loan terms via an on-site calculator that displays the new rates, and sending collateral to a provided wallet address. CoinRabbit states that loans are issued within 10 minutes. Since its launch in 2020, the platform has issued over $1.45 billion in loans and maintains a 100% capital reserve policy.
