Lend to over-collateralised borrowers inside PayBit's margin engine. Earn utilization-based APY paid daily, in the same asset. Instant withdrawal on flex terms, premium rates on fixed.
APY floats with borrower demand. Interest compounds every minute and is paid at 00:00 UTC daily.
Data sampled weekly. PayBit average blended APY has outperformed Aave v3 USDT by 180 bps over the trailing year.
Every borrower posts at least 150% collateral in blue-chip assets. Positions are monitored block-by-block and auto-liquidated at 115% by our partnered market makers — before they reach your principal.
Minimum 150% collateral on launch, rising to 200% for illiquid altcoins and volatile market regimes.
Auto-liquidation triggers at 115% LTV — leaving a 15% equity cushion between collateral and your loan.
A $120M reserve absorbs losses in extreme events. Funded from 10% of all borrower interest.
Dual-oracle price feeds prevent manipulation. A 5% deviation check halts borrowing until stale prints clear.
Deposit and withdraw any time. Rate tracks live borrower utilization every minute.
Locked rate for 30 days. Early exit available with a 7-day interest forfeit.
Locked rate for 90 days. Best-in-class yield on stablecoins — early exit has 14-day interest forfeit.
Both models are over-collateralised, but the operational experience, rate stability and protection stack differ meaningfully.
| Dimension | PayBit | Aave v3 | Compound v3 |
|---|---|---|---|
| USDT flex APY | 6.8% | 4.9% | 4.6% |
| Gas fees | None | $5 – $20 | $5 – $20 |
| Insurance fund | $120M reserve | Safety module | Community treasury |
| Tax reporting | Included | Self-serve | Self-serve |
| Customer support | 24/7 human | Community | Community |
| Smart-contract risk | No — CEX ledger | Yes | Yes |
Every borrower posts 150%+ collateral and is liquidated at 115% — well before losses reach lenders. If a gap opens anyway, our $120M insurance fund absorbs it. Zero lender losses in 5 years and counting.
Utilization. Each asset pool has a dynamic rate curve — as more of the supplied liquidity is borrowed, APY climbs. Rates update every minute with borrow-book changes.
Flex positions — always, instantly. Fixed positions allow early exit with a modest interest forfeit, or you can sell your position on the PayBit secondary market.
In most jurisdictions, yes — we produce ready-to-file 1099-MISC, CSV, Koinly and CoinTracker exports covering all lending income.
Minimum 100 USDT. First $10,000 of principal pays a +0.5% APY bonus for 30 days.