Best overall

Cap
Cap is the open source take on Loom. Record your screen and camera on macOS or Windows, then get a share link or a local file, with a Studio Mode editor that adds auto-zoom on clicks and 4K/60fps export. The whole backend self-hosts with Docker Compose, so the videos stay on infrastructure you own, and a $29 per year Desktop License lifts the local recording limit and adds commercial rights.
Cap wins because it is the only tool here that reproduces Loom's exact loop, record and hand someone a link, as software you can run yourself. The desktop app on macOS and Windows does the instant share-link flow plus a Studio Mode editor with auto-zoom on clicks and 4K/60fps export, and the whole backend self-hosts with Docker Compose. A $29 per year Desktop License gives you unlimited local recording with commercial rights, roughly one month of Loom Business for a full year. The catch is real: the hosted free tier is personal use only and capped at 5 minutes per recording, the same limit as Loom, so free-forever actually means self-hosting, which assumes you are comfortable running Docker and keeping it patched.
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