Satoshi Protocol

Total Value Locked$18.17m
Chain Breakdown
BSquared$17m
BEVM$572,627
BOB$504,691
Bitlayer$60,814
Hemi$26,593
BSC$9,805
$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($483.53m)lisUSD($368.38m)Angle($29.72m)Abracadabra Spell($28.26m)BitU Protocol($24.74m)Overnight Finance($21.33m)QiDao($8.89m)bitSmiley($8.54m)BitZap yUSD($3.37m)Mars Ecosystem($1.05m)