Ask about Stacks sBTC
Logo of Stacks sBTCStacks sBTC
Total Value Locked$18.02

TVL by Chain

Bitcoin$18.02

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.

Category:Bridge

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Methodology

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

Competitors

WBTC ($7.392b)Coinbase Bridge ($6.168b)Binance Bitcoin ($4.418b)Function FBTC ($549.32m)Unit ($523.58m)Lorenzo enzoBTC ($460.84m)Kraken Bitcoin ($433.95m)SolvBTC ($418.44m)Merlins Seal ($383.39m)Nexus BTC ($225.46m)

Frequently Asked Questions

What is Stacks sBTC?

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.

What is Stacks sBTC's TVL?

Stacks sBTC currently has $18.02 in total value locked. TVL has decreased 100% over the past 30 days.

What chains does Stacks sBTC operate on?

Stacks sBTC operates on Bitcoin. Bitcoin holds the largest share at 100%.

How does Stacks sBTC's TVL compare to similar protocols?

Among Bridge protocols tracked by DefiLlama, Stacks sBTC ranks #119 by TVL. The category holds $45.11b across 151 protocols, and Stacks sBTC accounts for <0.1% of that total. Other leading protocols include WBTC, LayerZero, and Coinbase Bridge.