Research, guides, and protocol updates from the team building non-custodial lending on Bitcoin L1.

Five ways to earn yield on Bitcoin in 2026, from lending to liquid staking, with honest risk assessments for each approach.

Celsius collapsed in June 2022 and froze $4.7 billion in customer funds. The Bitcoin lending market rebuilt itself around one hard lesson.

Rehypothecation cost crypto investors billions in 2022. Here is what it means, which lenders still do it, and how to protect your BTC.

Compare eight Bitcoin-backed borrowing routes by custody, pricing model, payout, and liquidation risk. Pick the one that fits your use case.

Compare nine BTC-backed borrowing routes by collateral control, fees, payout, and liquidation rules before pledging Bitcoin.

Ledn's custodial BTC loan and Ducat's Bitcoin L1 vault differ in pricing, collateral control, and repayment risk. Compare the terms before borrowing.

OP_RETURN lets you store small amounts of data directly on the Bitcoin blockchain. Here is what it does and why protocols like Ducat use it.

Over $317 billion in stablecoins exist across crypto. Almost none of it lives on Bitcoin. That gap is closing.

Runes are a fungible token standard built directly on Bitcoin using OP_RETURN data. UNIT, the Ducat stablecoin, is implemented as a Rune.

Learn how crypto-backed loans work, how LTV and liquidation affect your collateral, and which costs and custody terms to compare.

Non-custodial crypto loans let you borrow without handing your Bitcoin to a third party. Here is how they work and who offers them.

FROST lets multiple parties control a Bitcoin wallet without any single party holding the full key. Here is how it works.

Most Bitcoin lending platforms require identity checks. A few do not. Here is what no-KYC borrowing looks like in 2026.

Compare published Bitcoin-backed loan terms, upfront fees, collateral models, and liquidation rules using a dated snapshot and a repeatable cost calculation.

The CLARITY Act is the most consequential crypto legislation to move through Congress in years. Here is where it stands.

Bitcoin loans let you access cash using your BTC as collateral. Here's how they work, what rates to expect, and where Ducat fits in.

How BTC-backed borrowing works, what it costs, when collateral can be liquidated, and what to check before opening a loan.

The Ducat Protocol is live on Bitcoin mainnet. Deposit BTC, borrow UNIT, and access dollar liquidity without leaving Layer 1.

A deep dive into how Bitcoin-backed stablecoins work, why collateralisation ratios matter, and what makes native L1 issuance fundamentally different.

An overview of the rapidly evolving Bitcoin DeFi ecosystem, the key protocols shaping it, and where Ducat fits in the broader picture.