Logo of BTCFi CDPBTCFi CDP
Total Value Locked$6.85m

TVL by Chain

Bitcoin$3.95m

Bifrost Network$2.83m

Base$73,307.89

CORE$14.06

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 protocolView code on GitHub

Yields

Pools Tracked1

Average Supply APY4.57%

Competitors

BIMA CDP ($7.2m)Reservoir Protocol ($31.06m)Overnight Finance ($10.02m)QiDao ($2.17m)Parallel Protocol V3 ($2.13m)Yala ($1.85m)Preon Finance ($196,489.9)Vaultedge ($185,432.18)BitStable Finance ($55,054.79)Meridian Finance ($48,433.78)

Frequently Asked Questions

What is BTCFi CDP?

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

What is BTCFi CDP's TVL?

BTCFi CDP currently has $6.85m in total value locked. TVL has decreased 9% over the past 30 days.

What chains does BTCFi CDP operate on?

BTCFi CDP operates on 4 chains: Base, CORE, Bifrost Network, and Bitcoin. Bitcoin holds the largest share at 57.6%.

How many yield pools does BTCFi CDP have?

DefiLlama tracks 1 BTCFi CDP yield pool with an average APY of 4.6%.