Function FBTC

Total Value Locked$1.166b
Chain Breakdown
Bitcoin$1.166b
USDBTC

Protocol Information

Function is building the standard infrastructure that transforms Bitcoin into a capital-efficient, hyperliquid, and composable asset through ƒBTC (FBTC). By enabling Bitcoin to flow freely across financial markets, Function is positioning BTC as the reserve asset for both traditional and decentralized finance. ƒBTC is powered by core contributors Antalpha Prime, Mantle, and Galaxy Digital.

Category:Bridge

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Development Activity

(updated at 02/04/25)

Weekly commits: 1
Monthly commits: 1
Weekly developers: 1
Monthly developers: 1

Last commit: 5 months ago (2024-10-30)

Methodology

TVL

Competitors

WBTC($9.978b)Binance Bitcoin($5.273b)Coinbase BTC($1.897b)SolvBTC($892.08m)Merlins Seal($687.73m)Portal($2.211b)JustCryptos($2.164b)Hyperliquid Bridge($1.975b)USDT0($996.81m)Free Protocol($539.69m)