Ask about SUBFROST
Logo of SUBFROSTSUBFROST
Total Value Locked$7.01m

TVL by Chain

Bitcoin$7.01m

Protocol Information

SUBFROST is a decentralized custodian on Bitcoin L1. It issues frBTC, a synthetic bitcoin pegged 1:1 to BTC, against BTC held by a FROST signer set (6-of-9 threshold Schnorr).

Category:Bridge

WebsiteTwitter

Methodology

TVL: TVL is the BTC held in the SUBFROST signer custody addresses that back frBTC, read directly from the Bitcoin chain. Covers both frBTC deployments: Alkanes and BRC2.0. frBTC minted against these deposits is not counted separately, so nothing is double counted.View code on GitHub

Competitors

WBTC ($7.345b)Coinbase Bridge ($6.138b)Binance Bitcoin ($4.387b)Function FBTC ($546.86m)Unit ($521.87m)Lorenzo enzoBTC ($457.59m)Kraken Bitcoin ($431.86m)SolvBTC ($415.5m)Merlins Seal ($381.54m)Nexus BTC ($232.51m)

Frequently Asked Questions

What is SUBFROST?

SUBFROST is a decentralized custodian on Bitcoin L1. It issues frBTC, a synthetic bitcoin pegged 1:1 to BTC, against BTC held by a FROST signer set (6-of-9 threshold Schnorr).

What is SUBFROST's TVL?

SUBFROST currently has $7.01m in total value locked.

What chains does SUBFROST operate on?

SUBFROST operates on Bitcoin. Bitcoin holds the largest share at 100%.

How does SUBFROST's TVL compare to similar protocols?

Among Bridge protocols tracked by DefiLlama, SUBFROST ranks #51 by TVL. The category holds $44.952b across 151 protocols, and SUBFROST accounts for <0.1% of that total. Other leading protocols include WBTC, LayerZero, and Coinbase Bridge.