You select an asset, an obligation mode, and a tenor. You pay a single Origination Fee. From that moment, nothing more is asked of you. The asset sits in your LTU Wallet, your obligation is locked, and settlement happens automatically at maturity.
No installments. No margin calls. No liquidation. Exit early whenever you choose.
Opening an LTU position is a five-step decision, not a process. Everything is disclosed before you confirm, the fee, the tenor, the locked obligation, and the settlement mechanics.
1. Choose Your Asset
Select the Leased Asset you want access to, BTC, ETH, SOL, and more. This is the asset that will sit in your LTU Wallet for the full tenor, with its economic value working for you.
2. Set Your Obligation Mode
Fiat Obligation Mode for a long view (your obligation is locked in fiat), or Asset Obligation Mode for a short or relative view (your obligation is locked in another digital asset).
3. Pick Your Tenor
Hourly, daily, weekly, or monthly presets, determined by HyperHedge based on volatility, liquidity, and pool capacity. Confirmed in your contract summary and fixed for the duration.
4. Pay the Origination Fee
One comprehensive fee, sourced from your Funding Wallet, itemised before you confirm. It is the only payment you will ever make on this contract, and your maximum possible loss.
5. Settle Automatically
At tenor end, Maturity Settlement executes on its own. Surplus above your locked obligation is returned to your Funding Wallet. Or exit earlier, Early Buyout is available at any point.
EVERY PARAMETER IS FIXED IN YOUR CONTRACT SUMMARY BEFORE YOU COMMIT.
The Total Obligation, measured in your declared Obligation Unit, is locked at contract execution and does not change during the tenor. The market moves; your obligation does not. The settlement value at tenor end determines the final split between obligation discharge, surplus return, and HyperHedge coverage.
At Execution
- Leased AssetPlaced in your LTU Wallet
- Total ObligationLocked in your Obligation Unit
- Origination FeePaid once, from Funding Wallet
During the Tenor
- Payments requiredNone
- Margin callsNone
- Liquidation riskNone
- Market volatilityCannot change your obligation
At Tenor End
- Asset value above obligationSurplus returned to you
- Asset value equals obligationContract settles exactly
- Asset value below obligationHyperHedge absorbs the shortfall
VOLATILITY CANNOT TRIGGER NEW PAYMENTS. EVER.
LTU operates within BitLease's product-specific wallet architecture. Each wallet has one job, and the boundaries between them are structural, not policy.
Funding Wallet
Your single primary wallet, the only interface for external deposits and withdrawals. Every Origination Fee is sourced from here, and every settlement outcome returns here.
LTU Wallet
A dedicated wallet holding the Leased Assets of all your active LTU contracts, with a per-contract audit trail. No direct external access, all movements route through the Funding Wallet.
Strict Separation
The LTO Wallet and LTU Wallet are structurally distinct, with no cross-wallet movement. Your ownership journey and your access positions never blur into each other.
Leased Assets are held as Economic and Beneficial Property in your LTU Wallet, with Formal On-Chain Ownership retained in MPC-secured escrow for the tenor, the same two-layer structure that protects every LTO contract.
YOUR ASSET IS VISIBLE, AUDITABLE, AND WORKING FOR YOU FROM MINUTE ONE.
LTU is built for people with more than one view of the market. Positions are independent by design.
Concurrent Contracts
A single client may hold multiple LTU contracts at once, subject to limits on concurrent contracts and total notional exposure, determined by HyperHedge from pool capacity and asset volatility.
No Direction Restriction
Hold long and short exposure simultaneously, on the same or different assets. A long BTC position and a short ETH position can run side by side, each with its own locked obligation.
Independent Settlement
Each contract has its own tenor, its own fee, and its own automatic settlement. One position closing has no effect on any other position you hold.
EACH CONTRACT STANDS ALONE. NO CROSS-COLLATERAL. NO CONTAGION.
Pay once.
Hold your view.
Let the structure do the rest.
LTU engineered simplicity
Asset, mode, tenor, fee, four decisions, fully disclosed. Settlement is automatic, and exit is always available.