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.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Stacks sBTC history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 20, 2024 to Oct 22, 2026.
All-time high TVL: $614.52m on Aug 14, 2025. All-time low TVL: $17 on Aug 6, 2026.
Daily TVL, Sep 23, 2026 to Oct 22, 2026
| Date | TVL |
|---|---|
| Sep 23, 2026 | $213.56m |
| Sep 24, 2026 | $209.13m |
| Sep 25, 2026 | $209.46m |
| Sep 26, 2026 | $208.39m |
| Sep 27, 2026 | $209.18m |
| Sep 28, 2026 | $209.07m |
| Sep 29, 2026 | $206.76m |
| Sep 30, 2026 | $206.87m |
| Oct 1, 2026 | $207.79m |
| Oct 2, 2026 | $210.61m |
| Oct 3, 2026 | $209.94m |
| Oct 4, 2026 | $210.6m |
| Oct 5, 2026 | $214.77m |
| Oct 6, 2026 | $213.45m |
| Oct 7, 2026 | $212.47m |
| Oct 8, 2026 | $206.99m |
| Oct 9, 2026 | $203.05m |
| Oct 10, 2026 | $205.29m |
| Oct 11, 2026 | $206.29m |
| Oct 12, 2026 | $208.16m |
| Oct 13, 2026 | $202.55m |
| Oct 14, 2026 | $206.88m |
| Oct 15, 2026 | $203.26m |
| Oct 16, 2026 | $204.66m |
| Oct 17, 2026 | $202.67m |
| Oct 18, 2026 | $202.66m |
| Oct 19, 2026 | $204.33m |
| Oct 20, 2026 | $203.1m |
| Oct 21, 2026 | $206.39m |
| Oct 22, 2026 | $209.6m |
TVL at each month end, Dec 2024 to Oct 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $92.65m |
| Jan 31, 2025 | $104.91m |
| Feb 28, 2025 | $255.82m |
| Mar 31, 2025 | $249.16m |
| Apr 30, 2025 | $285.58m |
| May 31, 2025 | $521.7m |
| Jun 30, 2025 | $543.16m |
| Jul 31, 2025 | $591.08m |
| Aug 31, 2025 | $541.78m |
| Sep 30, 2025 | $502.29m |
| Oct 31, 2025 | $475.9m |
| Nov 30, 2025 | $398.13m |
| Dec 31, 2025 | $397.23m |
| Jan 31, 2026 | $381.97m |
| Feb 28, 2026 | $298.31m |
| Mar 31, 2026 | $271.07m |
| Apr 30, 2026 | $313.27m |
| May 31, 2026 | $218.28m |
| Jun 30, 2026 | $176.2m |
| Jul 27, 2026 | $187.3m |
| Aug 31, 2026 | $190.26m |
| Sep 30, 2026 | $206.87m |
| Oct 22, 2026 (latest) | $209.6m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/stacks-sbtc
Frequently asked questions
What is Stacks sBTC's TVL?
As of Oct 22, 2026, Stacks sBTC has $201.14m in total value locked. TVL has decreased 5.9% 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 #20 by TVL. The category holds $62.365b across 158 protocols, and Stacks sBTC accounts for 0.3% of that total. Similar protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Kraken Bitcoin, Function FBTC, SolvBTC, Lorenzo enzoBTC, Merlins Seal, and Nexus BTC.