crypto.loans

Borrow against Solana: best SOL loan platforms

How do I borrow against Solana?
You can borrow against Solana (SOL) on 3 platforms we track. The best rates start at 1.90% APR with up to 86% LTV. Nexo is the cheapest in our data; Coinbase offers the highest loan-to-value.

3 platforms in our index accept Solana (SOL) as loan collateral, spanning CeFi lenders. Borrow rates start at 1.90% APR, and the most generous platform lends up to 86% of your SOL's value. The table below ranks every option by borrow rate, so you can see the cheapest SOL-backed loans at a glance.

NexoCeFi
Borrow APR
1.9–18.9%
Max LTV
50%
KYC
Required
Custody
Third-party
Apply
CoinbaseCeFi
Borrow APR
4–12%
Max LTV
86%
KYC
Required
Custody
Hybrid (on-chain)
Apply
Arch LendingCeFi
Borrow APR
7.25–10.49%
Max LTV
60%
KYC
Required
Custody
Third-party
Apply

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How borrowing against Solana works

Solana (SOL) is accepted as collateral by the platforms below. You deposit SOL and borrow against it, with terms set by each platform.

Solana as collateral: the risks

As with any crypto collateral, Solana's price volatility drives liquidation risk. Borrow well below the maximum loan-to-value and monitor your position.

Choosing a SOL loan platform

The right SOL loan depends on what you value most. Nexo offers the lowest entry rate at 1.90%, while Coinbase allows the highest loan-to-value at 86% — useful if you want to extract the most liquidity per coin, though a higher LTV sits closer to liquidation.

Whichever you choose, model the position first with our loan calculator and keep a comfortable buffer below the maximum LTV. The cheapest headline rate is rarely the only thing that matters — custody model, KYC, and how the platform handles a falling market all shape the real cost of borrowing against Solana.

Top SOL loan platforms

Borrow on NexoBorrow on CoinbaseBorrow on Arch Lending

Frequently asked questions

How many platforms let me borrow against Solana?
We track 3 platforms that accept Solana (SOL) as collateral, with borrow rates from 1.90% APR and loan-to-value up to 86%.
What is the cheapest way to borrow against SOL?
In our current data, Nexo has the lowest borrow rate for SOL at 1.90% APR. Rates change, so confirm on the platform and weigh custody and KYC alongside the headline number.
How much can I borrow against my Solana?
It depends on the platform's maximum loan-to-value. The most generous option for SOL in our index lends up to 86% of your collateral's value, but borrowing that close to the maximum leaves little margin before liquidation.
Is borrowing against Solana safe?
The main risk is liquidation if SOL falls in value while your loan is open. Borrowing conservatively, plus choosing a custody model you trust, manages most of it. As with any crypto collateral, Solana's price volatility drives liquidation risk.

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