Ask about iBTC Finance · freeProtocol Information
iBTC is an LST protocol that provides 1:1 pegging for staked BTC, offering users unrestricted liquidity without a 28-day lock-up while ensuring the same yield as directly staking BTC on the exSat network. The protocol seamlessly combines high liquidity with stable staking rewards, making it an ideal solution for optimizing BTC staking returns
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
iBTC Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 23, 2024 to Nov 9, 2026.
All-time high TVL: $159.56m on Jan 22, 2025. All-time low TVL: $240 on Jul 1, 2026.
Daily TVL, Oct 11, 2026 to Nov 9, 2026
| Date | TVL |
|---|---|
| Oct 11, 2026 | $337 |
| Oct 12, 2026 | $341 |
| Oct 13, 2026 | $339 |
| Oct 14, 2026 | $340 |
| Oct 15, 2026 | $333 |
| Oct 16, 2026 | $334 |
| Oct 17, 2026 | $332 |
| Oct 18, 2026 | $332 |
| Oct 19, 2026 | $336 |
| Oct 20, 2026 | $332 |
| Oct 21, 2026 | $337 |
| Oct 22, 2026 | $343 |
| Oct 23, 2026 | $331 |
| Oct 24, 2026 | $330 |
| Oct 25, 2026 | $329 |
| Oct 26, 2026 | $326 |
| Oct 27, 2026 | $326 |
| Oct 28, 2026 | $329 |
| Oct 29, 2026 | $325 |
| Oct 30, 2026 | $316 |
| Oct 31, 2026 | $315 |
| Nov 1, 2026 | $317 |
| Nov 2, 2026 | $319 |
| Nov 3, 2026 | $314 |
| Nov 4, 2026 | $313 |
| Nov 5, 2026 | $329 |
| Nov 6, 2026 | $310 |
| Nov 7, 2026 | $309 |
| Nov 8, 2026 | $308 |
| Nov 9, 2026 | $306 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $138.74m |
| Jan 31, 2025 | $159.17m |
| Feb 28, 2025 | $119.79m |
| Mar 31, 2025 | $131.75m |
| Apr 30, 2025 | $152.68m |
| May 31, 2025 | $128.63m |
| Jun 30, 2025 | $35.89m |
| Jul 31, 2025 | $38.93m |
| Aug 31, 2025 | $1,572 |
| Sep 30, 2025 | $617 |
| Oct 31, 2025 | $588 |
| Nov 30, 2025 | $371 |
| Dec 31, 2025 | $360 |
| Jan 31, 2026 | $342 |
| Feb 28, 2026 | $268 |
| Mar 31, 2026 | $276 |
| Apr 30, 2026 | $311 |
| May 31, 2026 | $301 |
| Jun 30, 2026 | $242 |
| Jul 31, 2026 | $263 |
| Aug 31, 2026 | $317 |
| Sep 30, 2026 | $341 |
| Oct 31, 2026 | $315 |
| Nov 9, 2026 (latest) | $306 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $138.74m |
| Dec 31, 2025 | $360 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ibtc-finance
Frequently asked questions
What is iBTC Finance's TVL?
As of Nov 9, 2026, iBTC Finance has $305.71 in total value locked. TVL has decreased 9% over the past 30 days.
What chains does iBTC Finance operate on?
iBTC Finance operates on exSat. exSat holds the largest share at 100%.
How does iBTC Finance's TVL compare to similar protocols?
Among Liquid Restaking protocols tracked by DefiLlama, iBTC Finance ranks #27 by TVL. The category holds $1.037b across 27 protocols, and iBTC Finance accounts for <0.1% of that total. Similar protocols include Kelp, Renzo, Mantle Restaking, Swell Liquid Restaking, Bedrock uniETH, Mellow Restaking, Puffer Stake, Kyros, InceptionLRT (Isolated Restaking), and Eigenpie.