Several platforms are promoting Bitcoin-backed lending services that offer borrowers liquidity without selling their cryptocurrency. Hodl Hodl provides a peer-to-peer lending marketplace where users can borrow or lend Bitcoin anonymously and without traditional banking requirements such as credit checks. Debifi offers non-custodial Bitcoin loans with an annual percentage rate starting at 12.6%, providing institutional liquidity and multisignature security, and is ranked as the second safest Bitcoin loan provider. Arch Lending raises capital through institutional collateralized loan obligations (CLOs), including partnerships with entities like Galaxy, ensuring that borrowers' Bitcoin remains in cold storage without rehypothecation. Arch serves both individuals and businesses, offering loans for various purposes such as home down payments, investments, and covering personal expenses. Additionally, Milo Credit is highlighted as a platform enabling users to access loans secured by Bitcoin without the need to sell their holdings. These services emphasize financial sovereignty and alternatives to traditional banking by enabling Bitcoin holders to leverage their assets for liquidity. Separately, a user locked 549.87 $CLANKER tokens to borrow 5,000 USDC for a week, indicating activity in other crypto-backed lending markets.