InformationTVL

Stacks sBTC

Total Value Locked$395.87m

TVL by Chain

Bitcoin$395.87m

Protocol Information

sBTC is a SIP-010 token on the Stacks blockchain that represents Bitcoin (BTC) in a 1:1 ratio. It enables Bitcoin holders to participate in DeFi applications and other smart contract functionalities while maintaining a peg to the underlying Bitcoin.

Category:Bridge

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Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

WBTC ($11.189b)Coinbase Bridge ($6.48b)Binance Bitcoin ($6.155b)Function FBTC ($1.052b)SolvBTC ($1.005b)Unit ($584.14m)Merlins Seal ($556.07m)Nexus BTC ($516.22m)Lorenzo enzoBTC ($497.4m)Lombard BTC.b ($387.91m)