Logo of Nexus BTCNexus BTC
Total Value Locked$172.86m

TVL by Chain

Bitcoin$172.86m

Protocol Information

NexusBTC is a wrapped Bitcoin token designed to facilitate cross-chain transactions within the decentralized finance (DeFi) ecosystem.

Category:Bridge
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Methodology

TVL: The total value locked (TVL) is calculated by summing up the balances of BTC wallets specified in the NexusBTC address list within the bitcoin address bookView code on GitHub

Competitors

WBTC ($8.789b)Coinbase Bridge ($7.549b)Binance Bitcoin ($5.253b)Unit ($686.49m)Function FBTC ($660.17m)Kraken Bitcoin ($586.62m)SolvBTC ($499.85m)Lorenzo enzoBTC ($472.1m)Merlins Seal ($418.28m)Stacks sBTC ($189.04m)

Frequently Asked Questions

What is Nexus BTC?

NexusBTC is a wrapped Bitcoin token designed to facilitate cross-chain transactions within the decentralized finance (DeFi) ecosystem.

What is Nexus BTC's TVL?

Nexus BTC currently has $172.86m in total value locked. TVL has decreased 12.8% over the past 30 days.

What chains does Nexus BTC operate on?

Nexus BTC operates on Bitcoin. Bitcoin holds the largest share at 100%.

How does Nexus BTC's TVL compare to similar protocols?

Among Bridge protocols tracked by DefiLlama, Nexus BTC ranks #22 by TVL. The category holds $51.088b across 154 protocols, and Nexus BTC accounts for 0.3% of that total. Other leading protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Function FBTC, Kraken Bitcoin, SolvBTC, Lorenzo enzoBTC, Merlins Seal, and Stacks sBTC.