Logo of StakeStone SBTCStakeStone SBTC
Total Value Locked$18,820

TVL by Chain

Ethereum$17,311

BSC$1,509

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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Audits:

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Methodology

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

Competitors

SoSoValue Indexes ($77.14m)Reserve Protocol ($39.32m)Nested ($127,834)Cook Finance ($120,594)PowerPool ($40,611)Enzyme Finance ($76.05m)Chamber Vaults ($19.43m)Index Coop ($9.27m)Set Protocol ($9.22m)xWin Finance ($4.27m)