Ask about GTBTC
Logo of GTBTCGTBTC
Total Value Locked$220.93m

TVL by Chain

Bitcoin$220.93m

Key Metrics

Fees (Annualized)$756,024
Fees 30d$24,386

Ethereum$24,386

Fees 7d$5,703

Ethereum$5,703

Fees 24h$730

Ethereum$730

Cumulative Fees$756,754

Ethereum$756,754

Revenue (30d Run Rate)$0
Revenue 30d$0

Ethereum$0

Revenue 7d$0

Ethereum$0

Revenue 24h$0

Ethereum$0

Cumulative Revenue$0

Ethereum$0

Protocol Information

Gate BTC Staking allows users to stake their BTC on the Gate platform in exchange for GTBTC (1:1 ratio), which accrues yield via Gate’s internal staking/earn mechanism; users can redeem GTBTC back into BTC at any time.

Category:Restaked BTC

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Methodology

TVL: BTC on btc chainView code on GitHubFees: Rewards generated from stakingView code on GitHubRevenue: No RevenueView code on GitHub

Competitors

Lombard LBTC ($590.46m)SolvBTC LSTs ($61.77m)Lorenzo stBTC ($21,675.55)Chakra ($19,336.88)pSTAKE BTC ($0.38)alloBTC ($0.35)LISA BTC LST

Frequently Asked Questions

What is GTBTC?

Gate BTC Staking allows users to stake their BTC on the Gate platform in exchange for GTBTC (1:1 ratio), which accrues yield via Gate’s internal staking/earn mechanism; users can redeem GTBTC back into BTC at any time.

What is GTBTC's TVL?

GTBTC currently has $220.93m in total value locked. TVL has increased 1.3% over the past 30 days.

What chains does GTBTC operate on?

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

How much has GTBTC generated in fees and revenue?

Over the past 30 days, GTBTC generated $24,386 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $756,024 in fees.

How does GTBTC's TVL compare to similar protocols?

Among Restaked BTC protocols tracked by DefiLlama, GTBTC ranks #2 by TVL. The category holds $873.2m across 8 protocols, and GTBTC accounts for 25.3% of that total. Other leading protocols include Lombard, Solv Protocol, and Lorenzo Protocol.