Logo of GTBTCGTBTC
Total Value Locked$274.66m

TVL by Chain

Bitcoin$274.66m

Key Metrics

Fees (Annualized)$723,949
Fees 30d$24,869

Ethereum$24,869

Fees 7d$6,337

Ethereum$6,337

Fees 24h$891

Ethereum$891

Cumulative Fees$773,707

Ethereum$773,707

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.

WebsiteTwitter
Category:Restaked BTC

Methodology

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

Competitors

Lombard LBTC ($694.21m)SolvBTC LSTs ($76.66m)Lorenzo stBTC ($26,541.02)Chakra ($22,402.84)pSTAKE BTC ($0.47)alloBTC ($0.43)LISA BTC LST

Frequently Asked Questions

What is GTBTC's TVL?

GTBTC currently has $274.66m in total value locked.

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 $24,869 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $723,949 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 $1.044b across 8 protocols, and GTBTC accounts for 26.2% of that total. Other leading protocols include Lombard LBTC, SolvBTC LSTs, Lorenzo stBTC, Chakra, pSTAKE BTC, alloBTC, and LISA BTC LST.