Overview

Logo of Bitcoin

Bitcoin(BTC)

Token Price$66,931

24h Change-3.97%

All Time HighOct 6, 2025$126,080

All Time LowJul 6, 2013$67.81

Key Metrics

Market Cap$1.341t

Fully Diluted Valuation$1.406t

Circ. Supply20.04m BTC

Max Supply21m BTC

Outstanding FDV$1.406t

Volume 24h$56.944b

CEX Volume$21.712b

DEX Volume$8.2b

Risk Timeline

Risk-management actions published about BTC by tracked risk managers and governance contributors, newest first.

19 actions
contributor@AaveLabsgovernance.aave.com

↑Establish Babylon Spoke and Onboard Native BTC

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.

contributor@AllezLabsgov.kamino.finance

→Kamino Risk Event Analysis: February 5-6, 2026

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.

contributor@0xF97c00fab22A45eB27163D0f0065Da00Da10624Bsnapshot.box/s:sparkfi.eth

↑SAEP-07: Spark Prime Brokerage Operational Mandate

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.

contributor@kpkforum.morpho.org

↑kpk EURC Yield Vault Whitelisting

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.

contributor@Objectiveforum.euler.finance

→Oracle Policy for Euler DAO Markets

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.

contributor@Seanforum.skyeco.com

→Sky Market Overview: April-May 2025

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.

contributor@Seanforum.skyeco.com

→Risk Month in Review: April 2025

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.

contributor@Seanforum.skyeco.com

→Risk Month in Review: March 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.

contributor@MorphoAssociationforum.morpho.org

↓Optimistic Rewards Rates Adjustments

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.

contributor@AllezLabsgov.kamino.finance

→Kamino Lend Risk Analysis: Feb 24-Mar 2 2025

BTC, as a blue-chip asset slated for U.S. strategic reserve inclusion, fully recovered from drawdowns and surpassed pre-drop levels, demonstrating resilience in Kamino's markets.

Markets

logo of defillama

Token Usage

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Liquidations

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Unlocks

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Yields

Showing 10 of 836 pools

Pool
Project
Chain
30d APY Chart
USDC-CBBTCCL2000 - 0.0334%Logo of Aerodrome SlipstreamAerodrome Slipstream
Logo of Base
$2.72m881%863%
Logo of Aerodrome Ignition
18.02%
298%
USDC-CBBTCCL1 - 0.0136%Logo of Aerodrome SlipstreamAerodrome Slipstream
Logo of Base
$496,5729440%
Logo of Aerodrome Ignition
9440%
6008%
WETH-CBBTCCL1 - 0.0085%Logo of Aerodrome SlipstreamAerodrome Slipstream
Logo of Base
$191,7661624%
Logo of Aerodrome Ignition
1624%
1537%
WBTC-WETHCL - 10🪂Logo of Supernova CLSupernova CL
Logo of Ethereum
$113,9651204%0%
1204%
2196%
WBTC-USDTCL - 10🪂Logo of Supernova CLSupernova CL
Logo of Ethereum
$97,3753394%0%
3394%
7698%
USDC-WBTCCL50 - 0.05%Logo of Velodrome V3Velodrome V3
Logo of OP Mainnet
$67,463398%
398%
258%
EBTC-CBBTCLogo of Aerodrome V1Aerodrome V1
Logo of Base
$65,6953470%
Logo of Aerodrome Ignition
3470%
3510%
WBTC-WETH0.05%Logo of Uniswap V4Uniswap V4
Logo of Polygon
$49,9236993%6993%
1418%
USDC-CBBTCCL1 - 0.01%Logo of Aerodrome SlipstreamAerodrome Slipstream
Logo of Base
$32,38110586%
Logo of Aerodrome Ignition
10586%
8173%
WBTC-USDT0.05%Logo of Uniswap V3Uniswap V3
Logo of Polygon
$29,953326%326%
31.71%
Page 1 of 84

Borrow

Showing 10 of 65333 routes

Pool
Project
Chain
WBTC âžž MORPHOLogo of Tender FinanceTender Finance
Logo of Arbitrum
$10.59m30.26%
28.08%
3.11%70%$26,003$26,003
WBTC âžž WELLLogo of Tender FinanceTender Finance
Logo of Arbitrum
$560,76028.61%
28.08%
0.75%70%$26,003$26,003
WBTC âžž USDYLogo of Tender FinanceTender Finance
Logo of Arbitrum
$265,17528.86%
28.08%
1.11%70%$26,003$26,003
WBTC âžž ZWBTCLogo of Tender FinanceTender Finance
Logo of Arbitrum
$77,91932.99%
28.08%
7.02%70%$26,003$26,003
WBTC âžž MOVELogo of Tender FinanceTender Finance
Logo of Arbitrum
$23,86739.17%
28.08%
15.84%70%$26,003$26,003
WBTC âžž MOVELogo of NAVI LendingNAVI Lending
Logo of Sui
$23,86730.41%
20.12%
15.84%65%$7.26m$7.02m
WBTC âžž WBTC.ELogo of Tender FinanceTender Finance
Logo of Arbitrum
$12,20129.72%
28.08%
2.34%70%$26,003$26,003
WBTC âžž USDCXLogo of Tender FinanceTender Finance
Logo of Arbitrum
$3,01542.46%
28.08%
20.54%70%$26,003$26,003
WBTC âžž USDCXLogo of NAVI LendingNAVI Lending
Logo of Sui
$3,01533.47%
20.12%
20.54%65%$7.26m$7.02m
WBTC ➞ USDCX🪂Logo of YLDRYLDR
Logo of Arbitrum
$3,01531.64%
16.65%
20.54%73%$10,740$5,525
Page 1 of 6534