Ask about Botanix stBTCKey Metrics
Fees (Annualized)$178,378.91
Fees 30d$2
Botanix$2
Cumulative Fees$141,237
Botanix$141,237
Revenue (30d Run Rate)$0
Revenue 30d$0
Botanix$0
Cumulative Revenue$0
Botanix$0
Total Raised$8.5m
May 7, 2024$8.5mRound: SeedInvestors: Polychain Capital, Valor Capital Group, ABCDE, Placeholder Capital, Andrew Kang, Fiskantes, Dan Held, The Crypto Dog, Charlie Spears, Altcoin Sherpa, Dovey Wan, Jebus, icebergy, Crypto ISO, Davis, Walt Smith, Domo
Protocol Information
Bitcoin stBTC is a staking protocol on Botanix's Spiderchain Layer 2, where users deposit BTC and receive stBTC, a token that increases in value based on network fee distributions
Category:Liquid Staking
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees are 50% of the chain gas fees.View code on GitHubRevenue: No revenue for the protocol.View code on GitHubFrequently Asked Questions
What is Botanix stBTC?
Bitcoin stBTC is a staking protocol on Botanix's Spiderchain Layer 2, where users deposit BTC and receive stBTC, a token that increases in value based on network fee distributions
What is Botanix stBTC's TVL?
Botanix stBTC currently has $0 in total value locked. TVL has decreased 100% over the past 30 days.
What chains does Botanix stBTC operate on?
Botanix stBTC operates on Botanix.
How much has Botanix stBTC generated in fees and revenue?
Over the past 30 days, Botanix stBTC generated $2 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $178,378.91 in fees.
How does Botanix stBTC's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, Botanix stBTC ranks #250 by TVL. The category holds $35.003b across 256 protocols, and Botanix stBTC accounts for 0% of that total. Other leading protocols include Lido, Binance staked ETH, and Sanctum.
