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Figure Markets
Firefish

Firefish

Firefish is a Bitcoin-backed lending marketplace that connects borrowers and lenders directly, using Bitcoin as collateral and stablecoins as the loan...

Fido

Fido

Fido is a crypto-yield platform offering 10% APY with a simple, banking-like app. Unlike other centralized lenders, Fido uses self-custody and is non-...

VS

General

Platform
Firefish logo
Fido logo
Founded
Firefish 2022
Fido 2025
Headquarters
Firefish Slovakia
Fido
Availability
Firefish Worldwide
Fido Worldwide

Fees & Financial

Bonus
Firefish
Fido 30-day 1% APY boost with code: CIR ($250 deposit required)
Token
Firefish
Fido
Compounding
Firefish No
Fido Yes
Payouts
Firefish
Fido Every second
Fees
Firefish
Fido None
Lockup
Firefish
Fido None
Maker Fee
Firefish
Fido
Taker Fee
Firefish
Fido

Cryptocurrency Rates

BTC Rate
Firefish
Fido
BTC Max
Firefish
Fido
ETH Rate
Firefish
Fido
ETH Max
Firefish
Fido
Stablecoin Rate
Firefish
Fido 10%

Unique Pros

  • Non-custodial escrow-based model
  • P2P marketplace with direct lender access

Key Cons

  • Requires more active lender participation
  • Niche, limited global reach

Unique Pros

  • Deposit or withdraw USDC or USD
  • $100k insurance included
  • Fixed target rate

Key Cons

  • 10% is a target rate, not guaranteed
  • US-focused