Ask about Stacks sBTC
Logo of Stacks sBTCStacks sBTC
Total Value Locked$307.63m

TVL by Chain

Bitcoin$307.63m

Protocol Information

sBTC is a SIP-010 token on the Stacks blockchain that represents Bitcoin (BTC) in a 1:1 ratio. It enables Bitcoin holders to participate in DeFi applications and other smart contract functionalities while maintaining a peg to the underlying Bitcoin.

CategoryBridge
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Methodology

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

Competitors

WBTC ($8.627b)Coinbase Bridge ($6.268b)Binance Bitcoin ($5.161b)Function FBTC ($810.9m)SolvBTC ($473.81m)Lorenzo enzoBTC ($454.59m)Merlins Seal ($445.35m)Unit ($438.36m)Kraken Bitcoin ($311.36m)Lombard BTC.b ($227.16m)