Logo of BTCFiBTCFi
Total Value Locked$6.65m

TVL by Chain

Bitcoin$3.77m

Bifrost Network$2.8m

Base$72,524

CORE$13

Protocol Information

BTCFi is a decentralized crosschain Bitcoin asset management platform offering native Bitcoin collateralization to mint a Bitcoin-backed stablecoin, BtcUSD.

Category:CDP

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Yields

Pools Tracked1

Average Supply APY4.42%

Competitors

BIMA CDP ($7.45m)Reservoir Protocol ($32.71m)Overnight Finance ($9.96m)QiDao ($2.32m)Parallel Protocol V3 ($2.02m)Yala ($1.83m)Preon Finance ($198,844.73)Vaultedge ($172,654.85)Meridian Finance ($73,957.32)BitStable Finance ($54,922.85)

Frequently Asked Questions

What is BTCFi?

BTCFi is a decentralized crosschain Bitcoin asset management platform offering native Bitcoin collateralization to mint a Bitcoin-backed stablecoin, BtcUSD.

What is BTCFi's TVL?

BTCFi currently has $6.65m in total value locked. TVL has decreased 12.7% over the past 30 days.

What chains does BTCFi operate on?

BTCFi operates on 4 chains: Bifrost Network, Bitcoin, Base, and CORE. Bitcoin holds the largest share at 56.8%.

Which protocols are included in BTCFi?

BTCFi is a parent protocol whose tracked products include BTCFi CDP and BTCFi Farm.

How many yield pools does BTCFi have?

DefiLlama tracks 1 BTCFi yield pool with an average APY of 4.4%.