Ask about bitSmiley

Logo of bitSmileybitSmiley(SMILE)

Total Value Locked$10,613

TVL by Chain

Bitlayer$10,613

Key Metrics

Total Raised$10m

Dec 14, 2023Round: PrivateInvestors: OKX Ventures

Oct 28, 2024$10mRound: Investors: NxGen Capital, Ca Capital, IBC, Pragma Ventures, MH Ventures, Zephyrus Capital, Veris Ventures, Side Door Ventures, KuCoin Ventures, New Tribe Capital, GuildQB, DCI Capital, Kinetic Kollective, Aegis Ventures, Skyland Ventures, Cypher Capital, TPC Ventures

Protocol Information

BTC-Native stablecoin protocol, Initially funded by OKX_Ventures & ABCDELabs.

WebsiteX/Twitter
Category:CDP

Methodology

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

Competitors

BitZap yUSD ($49.54)Sky Lending ($5.988b)USDD ($1.31b)Liquity V1 ($180.48m)crvUSD ($147.25m)Liquity V2 ($98.82m)Lista CDP ($84.08m)Reservoir Protocol ($70.12m)Frankencoin ($61.93m)Inverse Finance FiRM ($33.16m)

Frequently Asked Questions

What is bitSmiley's TVL?

bitSmiley currently has $10,613 in total value locked. TVL has increased 5.1% over the past 30 days.

What chains does bitSmiley operate on?

bitSmiley operates on Bitlayer. Bitlayer holds the largest share at 100%.

How does bitSmiley's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, bitSmiley ranks #127 by TVL. The category holds $8.21b across 198 protocols, and bitSmiley accounts for <0.1% of that total. Other leading protocols include BitZap yUSD, Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Lista CDP, Reservoir Protocol, Frankencoin, and Inverse Finance FiRM.