Ask about Stacks sBTC
Logo of Stacks sBTCStacks sBTC
Total Value Locked$180.84m

TVL by Chain

Bitcoin$180.84m

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 ($7.05b)Coinbase Bridge ($5.679b)Binance Bitcoin ($4.219b)Function FBTC ($526.55m)Unit ($475m)Lorenzo enzoBTC ($440.45m)SolvBTC ($399.64m)Kraken Bitcoin ($384.74m)Merlins Seal ($366.48m)Lombard BTC.b ($188.34m)