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iBTC Finance

Total Value Locked$338.48

TVL by Chain

exSat$338.48

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Protocol 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 GitHub

Competitors

iBTC Finance history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 23, 2024 to Oct 20, 2026.

All-time high TVL: $159.56m on Jan 22, 2025. All-time low TVL: $240 on Jul 1, 2026.

Daily TVL, Sep 21, 2026 to Oct 20, 2026

DateTVL
Sep 21, 2026$331
Sep 22, 2026$349
Sep 23, 2026$351
Sep 24, 2026$343
Sep 25, 2026$344
Sep 26, 2026$342
Sep 27, 2026$344
Sep 28, 2026$341
Sep 29, 2026$339
Sep 30, 2026$341
Oct 1, 2026$340
Oct 2, 2026$345
Oct 3, 2026$345
Oct 4, 2026$345
Oct 5, 2026$353
Oct 6, 2026$350
Oct 7, 2026$342
Oct 8, 2026$339
Oct 9, 2026$334
Oct 10, 2026$336
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

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$812
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 20, 2026 (latest)$332

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 Oct 20, 2026, iBTC Finance has $338.48 in total value locked. TVL has increased 2.3% 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 $1.252b across 27 protocols, and iBTC Finance accounts for <0.1% of that total. Similar protocols include Kelp, Renzo, Mantle Restaking, Swell Liquid Restaking, Puffer Stake, Bedrock uniETH, Mellow Restaking, Kyros, InceptionLRT (Isolated Restaking), and Eigenpie.