Logo of iBTC NetworkiBTC Network
Total Value Locked$197.37

TVL by Chain

Bitcoin$197.37

Protocol Information

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

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Category:Decentralized BTC

Audits:

Methodology

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

Competitors

tBTC ($347.5m)Chain Fusion ($24.63m)SUBFROST ($8.24m)Zeus Network ($3.8m)

Frequently Asked Questions

What is iBTC Network's TVL?

iBTC Network currently has $197.37 in total value locked. TVL has increased 21.8% 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 #5 by TVL. The category holds $384.17m across 5 protocols, and iBTC Network accounts for <0.1% of that total. Other leading protocols include tBTC, Chain Fusion, SUBFROST, and Zeus Network.