Logo of StakeStone SBTCStakeStone SBTC(STO)
Total Value Locked$22,872.15

TVL by Chain

Ethereum$21,095.39

BSC$1,776.76

Protocol Information

SBTC is designed to act as a liquid, index BTC, addressing the issue of illiquid native BTC assets by providing robust omnichain liquidity. This innovative solution will facilitate BTC asset trading and enhance the utility of native BTC within EVM ecosystems as well as other Layer 1 and Layer 2 networks. SBTC will be composed of a diversified basket of ERC20 tokens, primarily BTCB, ensuring a solid foundation of liquidity.

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Category:Indexes

Audits:

Methodology

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

Competitors

SoSoValue Indexes ($99.73m)Reserve Protocol ($36.91m)Nested ($152,291.13)PowerPool ($52,057.6)Cook Finance ($51,890.23)DeHive ($2,593.73)Enzyme Finance ($90.33m)Chamber Vaults ($24.02m)Index Coop ($13.41m)Set Protocol ($12.2m)

Frequently Asked Questions

What is StakeStone SBTC's TVL?

StakeStone SBTC currently has $22,872.15 in total value locked. TVL has increased 20.7% over the past 30 days.

What chains does StakeStone SBTC operate on?

StakeStone SBTC operates on 2 chains: Ethereum and BSC. Ethereum holds the largest share at 92.2%.

How does StakeStone SBTC's TVL compare to similar protocols?

Among Indexes protocols tracked by DefiLlama, StakeStone SBTC ranks #34 by TVL. The category holds $286.77m across 72 protocols, and StakeStone SBTC accounts for <0.1% of that total. Other leading protocols include SoSoValue Indexes, Reserve Protocol, Nested, PowerPool, Cook Finance, DeHive, Enzyme Finance, Chamber Vaults, Index Coop, and Set Protocol.