Ask about Nexus BTC

Logo of Nexus BTCNexus BTC

Total Value Locked$260m

TVL by Chain

Bitcoin$260m

Protocol Information

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

WebsiteX/Twitter
Category:Bridge

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 ($9.892b)Coinbase Bridge ($8.388b)Binance Bitcoin ($5.79b)Unit ($1.042b)Kraken Bitcoin ($804.15m)Function FBTC ($706.49m)SolvBTC ($542.65m)Lorenzo enzoBTC ($511.47m)Merlins Seal ($453.84m)NEAR Intents ($231.16m)

Frequently Asked Questions

What is Nexus BTC's TVL?

Nexus BTC currently has $260m in total value locked. TVL has decreased 11.8% 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 #18 by TVL. The category holds $60.94b across 155 protocols, and Nexus BTC accounts for 0.4% of that total. Other leading protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Kraken Bitcoin, Function FBTC, SolvBTC, Lorenzo enzoBTC, Merlins Seal, and NEAR Intents.