Ask about iBTC Network
Logo of iBTC NetworkiBTC Network
Total Value Locked$164.41

TVL by Chain

Bitcoin$164.41

Protocol Information

iBTC, a Bitcoin L1 native wrapper, uses a decentralized network of node operators, merchants, and custodians to enable bridgeless yield on Bitcoin.

Category:Decentralized BTC

Audits:

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Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

tBTC ($315.11m)Chain Fusion ($20.42m)Zeus Network ($3.82m)

Frequently Asked Questions

What is iBTC Network?

iBTC, a Bitcoin L1 native wrapper, uses a decentralized network of node operators, merchants, and custodians to enable bridgeless yield on Bitcoin.

What is iBTC Network's TVL?

iBTC Network currently has $164.41 in total value locked. TVL has increased 2.8% over the past 30 days.

What chains does iBTC Network operate on?

iBTC Network operates on Bitcoin. Bitcoin holds the largest share at 100%.

How does iBTC Network's TVL compare to similar protocols?

Among Decentralized BTC protocols tracked by DefiLlama, iBTC Network ranks #4 by TVL. The category holds $339.35m across 4 protocols, and iBTC Network accounts for <0.1% of that total. Other leading protocols include Threshold Network, Chain Fusion, and Zeus Network.