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Information
TVL
Bridge Info

ckBTC

Total Value Locked
$17.05m
Chain Breakdown
Bitcoin$17.05m

Protocol Information

Chain-key Bitcoin (ckBTC) is a token on the Internet Computer (ICP) that is backed 1:1 by bitcoin (BTC). Conversion and redemption is fully automated via canister smart contracts using threshold cryptography - no trusted intermediaries required.ckBTC transactions have a 1-2 second finality and incur negligible fees, making it a viable option for everyday economic activities such as buying groceries or getting a coffee.

Category:Cross Chain

Audits
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Methodology

TVL: We count the BTC as the collateral for the ckBTC