24h Change+0.55%
All Time HighOct 6, 2025$126,080
All Time LowJul 6, 2013$67.81
Market Cap$1.256t
Fully Diluted Valuation$1.315t
Circ. Supply20.05m BTC
Max Supply21m BTC
Outstanding FDV$1.315t
CEX Volume$8.232b
DEX Volume$3.581b
Risk-management actions published about BTC by tracked risk managers and governance contributors, newest first.
BTC's notional value in the basis-trade backing portfolio contracted by ~47% over the two-month period, reducing its share of the crypto basis book from 33% to 22%.
Babylon's trustless Bitcoin vault enables native BTC to serve as collateral on Aave V4 without wrapped tokens or centralized custody, isolating it in a dedicated Spoke connected to Aave liquidity. This addresses growing BTC-backed borrowing demand while allowing governance-defined risk controls and assessments.
Bitcoin market saw 214 liquidations totaling $20K in collateral seized during the event. Activity was minimal compared to other assets, with efficient processing and no bad debt.
BTC is designated as a primary large-cap collateral asset for Spark Prime loans, enabling efficient financing of delta-neutral strategies with senior secured interest in underlying positions for improved risk profile over tokenized investments.
The vault allocates to BTC-backed Morpho markets selected for their liquidity depth, collateral reliability, and stable borrowing demand, with automated rebalancing to maintain target utilization and ensure withdrawal capacity under stress.
BTC/USD should pilot RedStone Atom with OEV for increased update frequency in high-volume liquidations, leveraging competitive searcher networks to minimize pricing leakage and enhance fairness.
BTC spot ETFs saw $4.91B inflows in the 30 days to May 9, representing 11.92% of total cumulative flows, amid picking up demand.
BA Labs published an oracle benchmark report analyzing Chronicle's BTC/USD price feed for update frequency, market price deviations, and volatility responsiveness using data from August 2024 to April 2025.
BA Labs evaluated Chronicle's BTC/USD oracle ahead of Sky's migration from Median to Scribe design, confirming reliability for price feeds in lending markets.
BTC rewards on Base face an additional 10% cut on top of the global 20% reduction as a low-productivity asset outside ETH and stablecoins, advancing toward full rewards deprecation.
An is required to view token usage.
An is required to view token liquidations.
An is required to view token unlocks.
Showing 10 of 815 pools
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabUSDC-CBBTCCL2000 - 0.0336% | $3.29m | 466% | 436% | 428% | |||||
| open in new tabUSDC-CBBTCCL50 - 0.016% | $3.12m | 385% | 250% | ||||||
| open in new tabUSDC-CBBTCCL1 - 0.0163% | $784,645 | 12801% | 11054% | ||||||
| open in new tabSOL-CBBTCCL10 - 0.035% | $279,578 | 714% | 852% | ||||||
| open in new tabWETH-CBBTCCL1 - 0.0085% | $264,847 | 2038% | 3517% | ||||||
| open in new tabWBTC-USDTCL - 10 | 🪂 | $89,982 | 3826% | 0% | 3826% | 20609% | |||
| open in new tabEBTC-CBBTC | $61,336 | 5001% | 3771% | ||||||
| open in new tabUSDC-CBBTCCL1 - 0.01% | $29,741 | 25885% | 15023% | ||||||
| open in new tabWBTC-WETHCL - 10 | 🪂 | $23,244 | 9477% | 0% | 9477% | 6678% | |||
| open in new tabCBBTC-WBTC | $10,098 | 918% | 918% | 70.52% |
Showing 10 of 44352 routes
Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabWBTC âžž MORPHO | $9.06m | 33.51% | 28.08% | 7.75% | 70% | $24,163 | $24,163 | ||
| open in new tabWBTC âžž LBTC | $3.14m | 28.80% | 28.08% | 1.02% | 70% | $24,163 | $24,163 | ||
| open in new tabWBTC âžž WETH | $2.89m | 28.16% | 28.08% | 0.10% | 70% | $24,163 | $24,163 | ||
| open in new tabWBTC âžž CDCBTC | $2.04m | 28.18% | 28.08% | 0.13% | 70% | $24,163 | $24,163 | ||
| open in new tabWBTC âžž VVV | $708,241 | 37.57% | 28.08% | 13.54% | 70% | $24,163 | $24,163 | ||
| open in new tabWBTC âžž CDCETH | $688,391 | 28.41% | 28.08% | 0.47% | 70% | $24,163 | $24,163 | ||
| open in new tabWBTC âžž USDT | $522,828 | 28.77% | 28.08% | 0.97% | 70% | $24,163 | $24,163 | ||
| open in new tabWBTC âžž WBTC.E | $11,989 | 29.23% | 28.08% | 1.64% | 70% | $24,163 | $24,163 | ||
| open in new tabWBTC âžž USDCX | $8,477 | 34.04% | 28.08% | 8.50% | 70% | $24,163 | $24,163 | ||
| open in new tabWBTC âžž MOVE | $6,430 | 37.72% | 28.08% | 13.76% | 70% | $24,163 | $24,163 |
