CoinRabbit and Figure Lending offer unique ways to unlock cash from crypto stocks without forcing a sale. CoinRabbit emphasizes speed, broad asset coverage, and a strict no-rehypothecation policy, while Figure Lending uses a traditional structured lending model with fixed terms and disbursements.
This analysis examines how these two platforms stack up in loan mechanics, collateral management, costs, user experience, and payment services for large and enterprise customers.
Figure Lending vs CoinRabbit: Platform Overviews
CoinRabbitlaunched in 2020, it serves as a security-focused crypto asset management platform. It maintains 100% of the deposit and operates a strict no-rehypothecation policy on collateral. The main offer is fast crypto loans with funding in 10 minutes, flexible payments without a maturity date, and additional services including stablecoin yield, secure wallet, 240+ token exchange, and a dedicated Privacy Program for HNW and institutional clients.
Figure Borrowingpart of the Figure ecosystem with traditional financial roots and billions of startup loans, it offers crypto-backed loans primarily in USD. It is aimed at users who want predictable, systematic borrowing against large assets. The platform uses extended MPC storage that allows on-chain visibility of collateral and emphasizes regulatory alignment across available locations.
Figure Lending vs CoinRabbit: Lending Products and Terms
Platforms vary greatly in structure and flexibility.
LTV, rates, and collateral requirements
Mathematical Lending offers an initial LTV as high as 75%, with rates as high as 50% LTV. Rates start at 8.91% (9.999% APR) at 50% LTV and go up to 11.50% (12.62% APR) at higher LTVs. The loan carries a 1% interest rate and follows a 12-month interest-only repayment schedule with monthly payments. Collateral is limited to BTC, ETH, and SOL.
CoinRabbit allows LTV rates up to 90% with a fixed APR starting at 11.95%. Interest accrues and expires upon payment, and the loan has no fixed term, enabling borrowers to hold positions indefinitely as long as the collateral remains adequate. The platform supports more than 350 cryptocurrencies as collateral, making it suitable for various portfolios that include altcoins.
Collaborative management and maintenance
The scheme uses decentralized MPC storage, which allows borrowers to verify their on-chain collateral with a given address. The platform states that the collateral remains separate and non-revocable. Both models include transparency and institutional-level processes.
CoinRabbit stores pledged assets in multisig cold segregated wallets and does not reuse them for any other purpose. This classification provides a specific risk profile for borrowers concerned with foreign exposure.
Figure Lending vs CoinRabbit Loans: Comparison Table
| A feature | CoinRabbit | Figure Borrowing |
| It was established | 2020 | 2018 (crypto loans expanded later) |
| Collateral rehypothecation | Never | Never |
| Supported securities | 350+ | BTC, ETH, SOL |
| The highest number of LTVs | 90% | 75% |
| APR range | From 11.95% | 9.999% to 12.62% |
| The term of the loan | Unlimited / open-end | 12 months |
| Origin fee | Nothing | 1% |
| Private Premium plan | $500,000 | Not provided |
Fees and cost structure
The figure includes a 1% penalty and monthly interest-only payments. Although the base rates may seem low at conservative LTV levels, the fixed term and additional payment increase the effective cost of short holding periods. Borrowers should also consider the need for a planned monthly cash flow.
CoinRabbit delivers predictable pricing and locked-in rates for the duration of the loan. The cost depends mainly on the chosen LTV and the property, with the exception of the initial costs in normal cases. This transparency makes predictability easier for businesses and long-term owners.
Supported assets and additional features
The draw focuses on core assets and provides direct cash payment in USD to bank accounts, which is attractive to businesses that require traditional cash. It includes its broad platform of trading and markets but offers less diversity in the types of securities.
CoinRabbit’s broad portfolio of securities offers a clear edge to portfolios with mid-cap and altcoin exposure. Users can request direct transfers to bank accounts starting at $20,000, which are coordinated through a dedicated personal account manager. The platform also includes automated loan origination and collateral management features, including automatic escalation and collateralization options to help maintain loan health during market volatility.
Borrowing experience and affordability
The draw delivers same-day permits through a formal application process. Financing works best for approved loans, but the 12-month fixed term and monthly payment schedule suits borrowers who prefer predictability over maximum flexibility. The minimum loan size starts at 5,000$.
CoinRabbit offers one of the fastest end-to-end processes available, with loans funded in 10 minutes, small loan sizes as low as 25 to 100$, and 24/7 human support. There are few barriers to testing small amounts.
Private Client Programs
The CoinRabbit Private Program is aimed at portfolios of 500,000$ and above and works as a master classifier. Qualifying customers get access to a dedicated relationship manager, fully customized loan terms, reduced rates, collateralization across multiple assets, active margin alerts, loan financing options, and 24/7 priority support. This program is designed for family offices, businesses, and high net worth individuals who are looking for complementary wealth management solutions.
Mathematical Loans currently does not offer an independent or white glove crypto loan program. Larger clients receive institutional service through normal channels, but without the personal manager, structured design, or premium features found in the CoinRabbit system.
Use Cases: When to Choose Lending Draw vs CoinRabbit
Drawing Uborega suits borrowers who prioritize low prices on capital assets at conservative LTVs, prefer fixed 12-month terms and monthly payments, and need direct USD cash in bank accounts. It is well suited for institutions or individuals who are comfortable with structured payment schedules and focus on exposure to BTC, ETH, or SOL.
CoinRabbit is a powerful option for users who need high LTVs up to 90%, support for 350+ assets, and open flexibility, especially those who value a strong Private Program. The combination of fast funding, broad collateral acceptance, and a strong non-rehypothecation model make it particularly suitable for diversified wealth and large clients seeking customized liquidity solutions. In appropriate applications, the options for withdrawing money in USD from bank accounts can also be configured on a case-by-case basis with dedicated account management.
Lending Draw vs CoinRabbit: The Final Verdict
Figure Lending brings a traditional financial lens to crypto lending with competitive rates at low LTVs, light on-chain custody, and predictable terms. It works well for direct BTC/ETH/SOL loans where structure and cash flow are important.
CoinRabbit stands out due to its high flexibility, very wide asset coverage, fast execution, and a fully developed Private System that delivers white glove service to portfolios over 500,000$. For businesses and high net worth customers who need personalized goals, ongoing support, and high income options without a fixed payment schedule, CoinRabbit’s offering provides a comprehensive solution.
