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
Development Activity
(updated at 23/10/24)
Weekly commits: 8
Monthly commits: 24
Weekly developers: 1
Monthly developers: 2
Last commit: 5 days ago (2024-10-23)
Methodology
TVL: Adds the total amount of collateral in the active pool and the collateral surplus pool of the eBTC protocol.