24h Change+0.45%
All Time HighOct 6, 2025$126,080
All Time LowJul 6, 2013$67.81
Market Cap$1.253t
Fully Diluted Valuation$1.312t
Circ. Supply20.05m BTC
Max Supply21m BTC
Outstanding FDV$1.312t
CEX Volume$8.076b
DEX Volume$3.539b
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.
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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 |
