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ProtocolseBTC Protocol

eBTC Protocol

Total Value Locked
$8.63m
  .csv
Chain Breakdown
Ethereum$8.63m

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 22/11/24)

Weekly commits: 2
Monthly commits: 4
Weekly developers: 1
Monthly developers: 1

Last commit: 12 hours ago (2024-11-22)

Methodology

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