StakeStone SBTC

Total Value Locked$15.65m

Chain Breakdown
Ethereum	$10.7m
BSC	$4.96m

USD ETH

Information

Protocol Information

SBTC is designed to act as a liquid, index BTC, addressing the issue of illiquid native BTC assets by providing robust omnichain liquidity. This innovative solution will facilitate BTC asset trading and enhance the utility of native BTC within EVM ecosystems as well as other Layer 1 and Layer 2 networks. SBTC will be composed of a diversified basket of ERC20 tokens, primarily BTCB, ensuring a solid foundation of liquidity.

Category: Indexes

Website Twitter

Token Information

Methodology

Check the code

Competitors

Reserve Protocol ($251.15m)Enzyme Finance ($185.82m)dHEDGE ($108.27m)Index Coop ($73.58m)Set Protocol ($66.86m)Bwatch ($58.32m)Yearn Ether ($10.85m)xWin Finance ($7.08m)Asymmetry Finance ($6.64m)Symmetry ($5.79m)