Ask about GTBTC
Logo of GTBTCGTBTC
Total Value Locked$267.72m

TVL by Chain

Bitcoin$267.72m

Key Metrics

Fees 30d$28,503
Fees 30d by chain

Ethereum$28,503

Fees 7d$6,850

Ethereum$6,850

Fees 24h$1,058

Ethereum$1,058

Cumulative Fees$793,726

Ethereum$793,726

Revenue 30d$0
Revenue 30d by chain

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

Methodology

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

Competitors

Frequently Asked Questions

What is GTBTC's TVL?

GTBTC currently has $267.72m in total value locked. TVL has increased 22.1% 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 $28,503 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $697,334 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 $1.022b 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.