Satoshi Protocol

Total Value Locked11,419 ETH
Chain Breakdown
BSquared10,685 ETH
BEVM357.51 ETH
BOB316.27 ETH
Bitlayer37.97 ETH
Hemi16.62 ETH
BSC6.14 ETH
$2m
USDETH

Protocol Information

Satoshi Protocol is the 1st universal stablecoin protocol backed by Bitcoin, using BTC as collateral to mint the native stablecoin satUSD across Bitcoin Mainnet, Layer 2s, and the EVM ecosystem.

Category:CDP

Audits:
Website Twitter

Development Activity

(updated at 02/03/25)

Weekly commits: 2
Monthly commits: 1
Weekly developers: 2
Monthly developers: 1

Last commit: a month ago (2025-03-02)

Methodology

TVL

Competitors

Avalon USDa(302,636 ETH)lisUSD(232,352 ETH)Angle(18,531 ETH)Abracadabra Spell(17,708 ETH)BitU Protocol(15,523 ETH)Overnight Finance(13,305 ETH)QiDao(5,573 ETH)bitSmiley(5,356 ETH)BitZap yUSD(2,107 ETH)Mars Ecosystem(658 ETH)