Logo of BTCFi CDPBTCFi CDP

Total Value Locked$7.63m

TVL by Chain

Bitcoin$3.86m

Bifrost Network$3.66m

Base$102,295

CORE$18.14

Protocol Information

BTCFi is a decentralized crosschain Bitcoin asset management platform offering native Bitcoin collateralization to mint a Bitcoin-backed stablecoin, BtcUSD.

WebsiteX/Twitter
Category:CDP

Methodology

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

Yields

Pools Tracked1

Average Supply APY0.12%

Competitors

BIMA CDP ($10.92m)Reservoir Protocol ($70.12m)Yala ($2.39m)QiDao ($2.28m)Parallel Protocol V3 ($830,269)Base Dollar ($251,472)Preon Finance ($245,994)Vaultedge ($214,461)Meridian Finance ($43,782)Button Wrappers ($30,577)

Frequently Asked Questions

What is BTCFi CDP's TVL?

BTCFi CDP currently has $7.63m in total value locked. TVL has increased 5.1% over the past 30 days.

What chains does BTCFi CDP operate on?

BTCFi CDP operates on 4 chains: Bitcoin, Bifrost Network, Base, and CORE. Bitcoin holds the largest share at 50.7%.

How does BTCFi CDP's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, BTCFi CDP ranks #20 by TVL. The category holds $8.206b across 198 protocols, and BTCFi CDP accounts for 0.1% of that total. Other leading protocols include BIMA CDP, Reservoir Protocol, Yala, QiDao, Parallel Protocol V3, Base Dollar, Preon Finance, Vaultedge, Meridian Finance, and Button Wrappers.

How many yield pools does BTCFi CDP have?

DefiLlama tracks 1 BTCFi CDP yield pool with an average APY of 0.1%.