Ask about GTBTC

Logo of GTBTCGTBTC

Total Value Locked$285.61m

TVL by Chain

Bitcoin$285.61m

Key Metrics

Fees 30d$31,065
Fees 30d by chain

Ethereum$31,065

Fees 7d$7,423

Ethereum$7,423

Fees 24h$954

Ethereum$954

Cumulative Fees$820,753

Ethereum$820,753

Revenue 30d$0
Revenue 30d by chain

Ethereum$0

Revenue 7d$0

Ethereum$0

Revenue 24h$0

Ethereum$0

Cumulative Revenue$0

Ethereum$0

Protocol Information

Gate BTC Staking allows users to stake their BTC on the Gate platform in exchange for GTBTC (1:1 ratio), which accrues yield via Gate’s internal staking/earn mechanism; users can redeem GTBTC back into BTC at any time.

WebsiteX/Twitter
Category:Restaked BTC

Methodology

TVL: BTC on btc chainView code on GitHubFees: Rewards generated from stakingView code on GitHubRevenue: No RevenueView code on GitHub

Competitors

Lombard LBTC ($643.85m)SolvBTC LSTs ($80.06m)Lorenzo stBTC ($28,060)Chakra ($22,876)alloBTC ($0.45)LISA BTC LST

Frequently Asked Questions

What is GTBTC's TVL?

GTBTC currently has $285.61m in total value locked. TVL has increased 5% over the past 30 days.

What chains does GTBTC operate on?

GTBTC operates on 2 chains: Bitcoin and Ethereum. Bitcoin holds the largest share at 100%.

How much has GTBTC generated in fees and revenue?

Over the past 30 days, GTBTC generated $31,065 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $621,153 in fees.

How does GTBTC's TVL compare to similar protocols?

Among Restaked BTC protocols tracked by DefiLlama, GTBTC ranks #2 by TVL. The category holds $1.01b across 7 protocols, and GTBTC accounts for 28.3% of that total. Other leading protocols include Lombard LBTC, SolvBTC LSTs, Lorenzo stBTC, Chakra, alloBTC, and LISA BTC LST.