Ask about Chakra
Logo of ChakraChakra
Total Value Locked$19,559.95

TVL by Chain

Bitcoin$19,559.95

Key Metrics

Total Raised

Apr 26, 2024Round: Investors: StarkWare, ABCDE, Bixin Ventures, Coinsummer, Cogitent Ventures, Trustless Labs, XingKong

Protocol Information

Chakra Network is an innovative blockchain platform designed to overcome the limitations of existing cross-chain solutions by providing a secure, efficient, and scalable infrastructure for decentralized applications.

Category:Restaked BTC

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Lombard LBTC ($596.45m)GTBTC ($223.69m)SolvBTC LSTs ($62.74m)Lorenzo stBTC ($21,925.6)pSTAKE BTC ($0.39)alloBTC ($0.35)LISA BTC LST

Frequently Asked Questions

What is Chakra?

Chakra Network is an innovative blockchain platform designed to overcome the limitations of existing cross-chain solutions by providing a secure, efficient, and scalable infrastructure for decentralized applications.

What is Chakra's TVL?

Chakra currently has $19,559.95 in total value locked. TVL has increased 0.5% over the past 30 days.

What chains does Chakra operate on?

Chakra operates on Bitcoin. Bitcoin holds the largest share at 100%.

How does Chakra's TVL compare to similar protocols?

Among Restaked BTC protocols tracked by DefiLlama, Chakra ranks #5 by TVL. The category holds $882.92m across 8 protocols, and Chakra accounts for <0.1% of that total. Other leading protocols include Lombard, GTBTC, and Solv Protocol.