Logo of BTCFi CDPBTCFi CDP
Total Value Locked$7.14m

TVL by Chain

Bitcoin$3.62m

Bifrost Network$3.43m

Base$96,368.77

CORE$17.03

Protocol Information

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

WebsiteTwitter
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 APY4.54%

Competitors

BIMA CDP ($9.33m)Reservoir Protocol ($73.16m)Overnight Finance ($10.03m)QiDao ($2.7m)Yala ($2.24m)Parallel Protocol V3 ($1.76m)Base Dollar ($272,053.39)Preon Finance ($253,701.94)Vaultedge ($166,127.62)Meridian Finance ($42,724.35)

Frequently Asked Questions

What is BTCFi CDP's TVL?

BTCFi CDP currently has $7.14m in total value locked. TVL has increased 6.8% over the past 30 days.

What chains does BTCFi CDP operate on?

BTCFi CDP operates on 4 chains: Base, Bifrost Network, CORE, and Bitcoin. Bitcoin holds the largest share at 50.6%.

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 $7.847b across 203 protocols, and BTCFi CDP accounts for 0.1% of that total. Other leading protocols include BIMA CDP, Reservoir Protocol, Overnight Finance, QiDao, Yala, Parallel Protocol V3, Base Dollar, Preon Finance, Vaultedge, and Meridian Finance.

How many yield pools does BTCFi CDP have?

DefiLlama tracks 1 BTCFi CDP yield pool with an average APY of 4.5%.