Ask about Satoshi Finance
Logo of Satoshi FinanceSatoshi Finance(SATO)
Total Value Locked$172.56

TVL by Chain

BSC$172.56

Key Metrics

Staked$0

Protocol Information

Satoshi Finance is a decentralized stable coin protocol that allows user to mint a USD-pegged token called btUSD by using BTCB as collateral on BNB Smart Chain

Category:CDP

Audits:

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Methodology

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

Competitors

USDD ($1.278b)Lista CDP ($234.11m)Reservoir Protocol ($33.09m)BitU Protocol ($19.55m)Overnight Finance ($10m)BIMA CDP ($7.62m)Abracadabra Spell ($4.11m)QiDao ($2.2m)Angle ($1.96m)Sigma Money ($1.13m)

Frequently Asked Questions

What is Satoshi Finance?

Satoshi Finance is a decentralized stable coin protocol that allows user to mint a USD-pegged token called btUSD by using BTCB as collateral on BNB Smart Chain

What is Satoshi Finance's TVL?

Satoshi Finance currently has $172.56 in total value locked. TVL has increased 3.3% over the past 30 days.

What chains does Satoshi Finance operate on?

Satoshi Finance operates on BSC. BSC holds the largest share at 100%.

How does Satoshi Finance's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Satoshi Finance ranks #160 by TVL. The category holds $7.807b across 192 protocols, and Satoshi Finance accounts for <0.1% of that total. Other leading protocols include Sky, USDD, and Lista DAO.