⌘K

eBTC Protocol

Total Value Locked$7,795,901

Chain Breakdown
Ethereum	$7.8m

USD ETH

Information

Protocol Information

eBTC is a collateralized crypto asset soft pegged to the price of Bitcoin and built on the Ethereum network. It is backed exclusively by Lido's stETH and powered by immutable smart contracts with minimized counterparty reliance. It is designed to be the most decentralized synthetic Bitcoin in DeFi and offers the ability for anyone in the world to borrow BTC at no cost.

Category: CDP

Website Twitter

Token Information

Methodology

Adds the total amount of collateral in the active pool and the collateral surplus pool of the eBTC protocol.

Check the code

Competitors

MakerDAO ($5.01b)Liquity ($426.15m)Avalon USDa ($187.18m)crvUSD ($125.38m)fx Protocol ($57.53m)JustStables ($1.64b)lisUSD ($263.12m)Thorchain Lending ($198.54m)Particle DUO ($109.8m)Thala CDP ($76.37m)