# Lendasat > Borrow, don't sell Lendasat is a peer-to-peer Bitcoin-collateralized lending marketplace. It connects borrowers and lenders directly, letting borrowers access cash without selling their Bitcoin. Lendasat is a peer-to-peer lending marketplace that connects Bitcoin holders seeking liquidity with individuals and businesses willing to lend against Bitcoin collateral. The platform itself does not act as a lender or borrower; it provides the technology, escrow coordination, and price and payment oracle functions that let the two sides transact directly. Borrowers keep exposure to Bitcoin price movements while receiving stablecoin or fiat funds, and lenders earn interest on overcollateralized loans. The protocol secures collateral through a multi-party escrow arrangement combined with Discreet Log Contracts, so no single party, including Lendasat, can unilaterally move a borrower's Bitcoin. Loan terms such as amount, duration, and rate are set through a marketplace where lenders compete to offer terms, rather than through a centrally fixed rate. Repayment automatically releases the escrowed Bitcoin back to the borrower, and the system supports disbursement through bank transfer, stablecoins, or card-based methods. The marketplace offers separate portals for borrowers and lenders, along with documentation and an API for integration. It serves Bitcoin holders who want liquidity without triggering a sale, as well as stablecoin or fiat holders looking for yield on Bitcoin-secured loans. The platform is live and operating. - Type: Company - Sector: DeFi - Status: Active - Founded: 2024-12-19 - Profile: https://thegrid.id/profiles/lendasat ## Products - [Lendasat Lending Platform](https://thegrid.id/profiles/lendasat): Lendasat Lending Platform is a peer-to-peer marketplace that connects Bitcoin holders seeking liquidity with lenders seeking yield. Borrowers lock Bitcoin as collateral in a 2-of-3 multisig escrow shared with a matched lender and Lendasat as a neutral arbitrator, receiving stablecoin or fiat loan proceeds through methods including bank transfer, stablecoins, or a virtual card. Lenders set their own rates, amounts, and durations, and are paid interest while a Bitcoin price oracle monitors collateral value to trigger margin calls or automatic liquidation. Both borrower and lender access points are part of the same underlying escrow and matching protocol, so bank transfer, stablecoin, and card disbursement are payout options within one lending product rather than separate offerings. (Decentralised Borrowing & Lending, Live, Main Product) - [LendaSwap](https://thegrid.id/profiles/lendasat): LendaSwap is a trustless swap service that lets Bitcoin holders exchange Bitcoin for stablecoins without an intermediary custodian. It settles transfers using the Lightning Network alongside an Ark-based protocol, enabling fast off-chain-style settlement while keeping funds under user control until the swap completes. The product is used by holders who want to convert Bitcoin liquidity into stablecoins without depositing funds on a centralized exchange. The service is migrating to a new brand, with new swaps being redirected to the successor platform while existing swap history remains accessible on the current domain. (Live) ## Links - [Main](https://lendasat.com) - [Whitepaper](https://whitepaper.lendasat.com/lendasat-whitepaper.pdf) - [Documentation](https://lendasat.com/docs) - [Privacy policy](https://lendasat.com/docs/lendasat-app/legal/privacy) - [Terms of Service](https://lendasat.com/docs/p2p-loans/legal/terms) - [Privacy policy](https://lendasat.com/docs/p2p-loans/legal/privacy) - [Discord](https://discord.com/invite/a5MP7yZDpQ) - [LinkedIn](https://www.linkedin.com/company/lendasat) - [Twitter / X](https://x.com/lendasat) - [Twitter / X](https://x.com/satora_io) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP