Xapo Bank

Xapo Bank · posted rate card · observed from 2026-07-21

What we can see here. Rates are collecting, quantity is not available, and composition is not available. Each section below states its own case. Sections are never dropped when they are empty — an absent section and an absent number are different things.

1Structure

What kind of credit this is. Attributes, not scores — one column per structural property, factual values only, each with the contract, document or filing establishing it. Nothing here is ranked or weighted.

Oracle dependency what price the loan depends on, if any	undisclosed Xapo rate card (https://www.xapobank.com/en/banking/borrow). Top-up at 65% LTV and liquidation at 80% are published; the price source is not.
Liquidation what happens when collateral falls	threshold Xapo rate card — LTV-triggered: origination LTV 20–40%, top-up at 65%, liquidation at 80%.
Term whether the loan has an end date	fixed term Xapo rate card — four fixed terms offered (30, 90, 180, 365 days), re-confirmed against the live loan calculator 2026-07-21. Note the desk prices ONE rate across all four, so the term list is not a term structure.
Rate certainty whether the rate can move after origination	variable Xapo rate card — a single posted rate that tracks the base rate and accrues daily (rate_type = variable_fed_linked). Fixed TERM but variable RATE, which is why these two columns are separate.
Rate mechanism how the rate is set	posted rate card Published rate card at the desk's own site (cefi_credit_rates.source_url), re-fetched daily and last confirmed 2026-07-30. posted_card per v1 §8.2: the rate is an OFFER, not a transacted price — no desk publishes a loan book, which is why these venues' quantity and composition axes are declared unobtainable rather than missing.
Custody who holds the collateral	third-party custodial Xapo rate card — regulated bank custody, no rehypothecation (custody_model = custodial_no_rehypo / custodial_regulated_bank on the savings side).
Collateral what secures the borrowing	BTC (desk-held, representation not disclosed) cefi_credit_rates.collateral_class = btc for every borrow product on this desk. Desks take native BTC into custody rather than a wrapped on-chain representation, so there is no token address to cite — which is also why none of this collateral is independently observable.
Recourse whether liability stops at the collateral	undisclosed Not published on the rate card.

2Rates

What it costs to borrow here, and what it pays to lend, both sides never conflated. Rates are normalised to a continuously compounded annual figure so venues quoting four different ways are comparable.

collecting

Registered from its published terms and awaiting ingestion. Coverage says what the data will support once it runs, not what is published today.

3Quantity

Collateral locked and debt outstanding, and the origination, repayment and net flow behind them.

not available

CeFi desks publish no loan book. Quantity is unobtainable at this venue, not merely unbuilt — declared rather than left blank, per spec §8.1.

4Composition

Who owes it and on what terms: LTV distribution, how long positions actually reside, position-size concentration, and liquidation incidence by origination-LTV cohort.

not available

CeFi desks publish no loan-level data. Unobtainable, not unbuilt.

5Markets

The individual markets this venue runs in scope. A venue is usually a family — one row per (collateral representation, debt asset, chain).

No per-market breakdown is published for this venue. Either its markets are not individually resolved yet, or the venue does not partition into markets in a way that would tell a reader anything.

6Posted-rate change log

Specific to how this venue sets its rate — posted rate card. Every venue of the same mechanism class gets the same panel.

When the published card last moved, and the terms history behind it.

Posted-rate change log, with what is held behind each input and what is not →

This venue runs no contracts to resolve, so nothing on this page is read from a chain. Its structural attributes above are established from published terms, documentation or filings, and each cell carries the specific source establishing it — which is why the rows here are visibly thinner than an on-chain venue’s, and why an unpublished property is marked undisclosed rather than filled with the industry convention. Last resolved 2026-07-24.