Ask about eBTC Protocol · freeeBTC Protocol
Total Value Locked$5,161
TVL by Chain
Ethereum$5,161
Protocol Information
eBTC is a collateralized crypto asset soft pegged to the price of Bitcoin and built on the Ethereum network. It is backed exclusively by Lido's stETH and powered by immutable smart contracts with minimized counterparty reliance. It is designed to be the most decentralized synthetic Bitcoin in DeFi and offers the ability for anyone in the world to borrow BTC at no cost.
Methodology
TVL: Adds the total amount of collateral in the active pool and the collateral surplus pool of the eBTC protocol.View code on GitHubCompetitors
eBTC Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 26, 2024 to Nov 7, 2026.
All-time high TVL: $10.61m on Dec 17, 2024. All-time low TVL: $4,580 on Jun 26, 2026.
Daily TVL, Oct 9, 2026 to Nov 7, 2026
| Date | TVL |
|---|---|
| Oct 9, 2026 | $5,718 |
| Oct 10, 2026 | $5,734 |
| Oct 11, 2026 | $5,765 |
| Oct 12, 2026 | $5,877 |
| Oct 13, 2026 | $5,761 |
| Oct 14, 2026 | $5,765 |
| Oct 15, 2026 | $5,422 |
| Oct 16, 2026 | $5,598 |
| Oct 17, 2026 | $5,572 |
| Oct 18, 2026 | $5,542 |
| Oct 19, 2026 | $5,540 |
| Oct 20, 2026 | $5,544 |
| Oct 21, 2026 | $5,629 |
| Oct 22, 2026 | $5,623 |
| Oct 23, 2026 | $5,550 |
| Oct 24, 2026 | $5,466 |
| Oct 25, 2026 | $5,435 |
| Oct 26, 2026 | $5,305 |
| Oct 27, 2026 | $5,355 |
| Oct 28, 2026 | $5,439 |
| Oct 29, 2026 | $5,312 |
| Oct 30, 2026 | $5,096 |
| Oct 31, 2026 | $5,172 |
| Nov 1, 2026 | $5,196 |
| Nov 2, 2026 | $5,317 |
| Nov 3, 2026 | $5,198 |
| Nov 4, 2026 | $5,208 |
| Nov 5, 2026 | $5,590 |
| Nov 6, 2026 | $5,162 |
| Nov 7, 2026 | $5,177 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $8.6m |
| Jan 31, 2025 | $8.79m |
| Feb 28, 2025 | $6.08m |
| Mar 31, 2025 | $4.94m |
| Apr 30, 2025 | $4.54m |
| May 31, 2025 | $6.69m |
| Jun 30, 2025 | $5.53m |
| Jul 31, 2025 | $4.15m |
| Aug 31, 2025 | $2.82m |
| Sep 30, 2025 | $387,442 |
| Oct 31, 2025 | $246,570 |
| Nov 30, 2025 | $193,698 |
| Dec 31, 2025 | $54,208 |
| Jan 31, 2026 | $49,514 |
| Feb 28, 2026 | $35,373 |
| Mar 31, 2026 | $6,070 |
| Apr 30, 2026 | $6,590 |
| May 31, 2026 | $5,955 |
| Jun 30, 2026 | $4,673 |
| Jul 31, 2026 | $5,645 |
| Aug 31, 2026 | $5,590 |
| Sep 30, 2026 | $12,053 |
| Oct 31, 2026 | $5,172 |
| Nov 7, 2026 (latest) | $5,177 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $8.6m |
| Dec 31, 2025 | $54,208 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ebtc-protocol
Frequently asked questions
What is eBTC Protocol's TVL?
As of Nov 7, 2026, eBTC Protocol has $5,161 in total value locked. TVL has decreased 13% over the past 30 days.
What chains does eBTC Protocol operate on?
eBTC Protocol operates on Ethereum. Ethereum holds the largest share at 100%.
How does eBTC Protocol's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, eBTC Protocol ranks #136 by TVL. The category holds $6.157b across 197 protocols, and eBTC Protocol accounts for <0.1% of that total. Similar protocols include Sky Lending, USDD, Liquity V1, crvUSD, Reservoir Protocol, Liquity V2, Frankencoin, Inverse Finance FiRM, BIMA CDP, and mStable V2.