How Borrowing Works
Your crypto stays yours.
Your debt disappears.
SnppyFi lets you deposit collateral and borrow stablecoins directly from your wallet. Here's exactly what happens to your money.
Your Wallet
You hold ETH, BTC or SOL. Worth $48,000.
15 ETH
Your collateral
Smart contract
SnppyFi
Holds your ETH as collateral. Lends you USDC.
2.87% APR
Borrow interest
USDC in Wallet
Stablecoin worth $1 each. Goes straight to you.
$15,000
USDC received
Credit Card Gone
USDC converts to USD. Sent to your bank. Debt cleared.
22.5% APR
Eliminated
Your ETH never leaves the blockchain
It goes directly from your wallet into a smart contract. SnppyFi never touches it. You can withdraw it any time by repaying the loan.
Health Factor protects you
Your Health Factor shows how safe your position is. Above 1.5 = safe. We email you if it drops below that so you can add collateral before any risk of liquidation.
Repay anytime, no penalties
No minimum monthly payment. No fixed term. Just repay USDC when you're ready. Your ETH is released the moment you repay in full.
DeFi Protocols
Choose your borrow rate
All fully audited with billions in TVL. Your funds go directly to their smart contracts — not to us.
Most Liquid
SnppyFi
TVL $27.1B · Multi-chain
2.87%
APR · USDC borrow
7-day rate trend
Why SnppyFi
The smarter way to borrow
Feature
SnppyFi
Credit Card
Annual Interest Rate
SnppyFi2.87% APR
Credit card22.5% APR
Credit Check
SnppyFiNone
Credit cardHard Pull
Approval Time
SnppyFiInstant
Credit cardDays–Weeks
Keep Your Crypto
SnppyFiYes
Credit cardN/A
Full Custody of Funds
SnppyFiAlways
Credit cardBank owned
Savings on $15K/year
SnppyFiSave $3,012
Credit cardPay $3,375
AI Risk Advisor
Claude AI analyzes
your position before
you sign anything.
Before every refinance, our AI advisor reviews your health factor, rate differential, and collateral ratio — then gives you a clear GO, CAUTION, or WAIT verdict with specific insights tailored to your position.
Personalized to your numbers
Not generic advice — the AI sees your actual debt amount, collateral, health factor and rate savings.
Instant analysis
Results in under 2 seconds. No waiting, no forms, no human advisor needed.
Private by design
Your position data is only used for this analysis and never stored or shared.
AI AdvisorStrong Opportunity
"Save 20.1% — this refinance is a no-brainer"
Your 22.5% credit card rate is costing you $3,012/yr in unnecessary interest. Switching to SnppyFi at 2.42% locks in significant savings with a healthy 2.41 health factor.
Risk
If ETH drops more than 32% from current levels, your health factor falls to the warning zone.Tip
Set up liquidation alerts at HF 1.5 — SnppyFi will email you before any risk materialises.AI AdvisorProceed Carefully
"Add more collateral to stay safe"
Your health factor of 1.38 leaves limited buffer. A 15% drop in ETH price could approach liquidation territory.
Powered by Claude Sonnet · Analyzes your actual position numbers
FAQ
Questions answered
What is SnppyFi?
SnppyFi is a DeFi loan refinancing platform that helps users refinance crypto loans, reduce borrowing costs, and optimize DeFi positions across leading lending protocols.
How does DeFi loan refinancing work?
DeFi loan refinancing compares available borrow rates and helps users move crypto loans into lower-cost on-chain lending positions using crypto collateral and USDC borrowing markets.
Which protocols are supported?
SnppyFi supports crypto-backed borrowing on supported networks.
How can users save interest?
Users can save interest by replacing higher-cost crypto debt with lower borrowing rates available through supported DeFi protocols and chains.
Is my crypto safe?
Your crypto is deposited into audited smart contracts — not into SnppyFi. SnppyFi never holds your funds. However, DeFi involves smart contract risk and liquidation risk if prices drop significantly.
What happens if ETH price drops?
If your collateral value falls, your health factor decreases. If it drops below 1.0, your position can be liquidated. SnppyFi emails you at health factor 1.5 and 1.2 so you can add collateral or repay before that happens.
Do I have to pay back the loan?
Yes — you owe the borrowed USDC plus interest. Unlike a credit card there's no monthly minimum. Interest accrues continuously and you can repay any time from the app.
How does SnppyFi make money?
SnppyFi charges a 0.25% origination fee on the borrowed amount. This is shown transparently in the review screen before you confirm — and goes directly to SnppyFi's treasury wallet on-chain.
Which wallets are supported?
MetaMask, Coinbase Wallet, Rainbow, and any WalletConnect-compatible wallet. Mobile wallets can connect via QR code scan.
Is this available in the US?
The DeFi borrowing part is available globally. The fiat off-ramp through Ramp Network and Transak supports the US, EU, and 140+ countries.
Can I use this for student loans or an auto loan?
SnppyFi does not refinance those loans with your lender directly. You borrow USDC against your crypto, cash out to your bank, then use those funds to pay your student, auto, or other loan servicer yourself—you stay in control of the payoff.
Ready to go?
Join Snppyfi today!
Non-custodial. No credit check. 5 minutes. Join crypto holders using DeFi to escape high-interest debt.
Launch SnppyFiNon-custodial · Your keys, your crypto · Not financial advice