Logo of GTBTCGTBTC
Total Value Locked$267.44m

TVL by Chain

Bitcoin$267.44m

Key Metrics

Fees 30d$28,491
Fees 30d by chain

Ethereum$28,491

Fees 7d$7,059

Ethereum$7,059

Fees 24h$1,062

Ethereum$1,062

Cumulative Fees$791,779

Ethereum$791,779

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.

WebsiteTwitter
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 ($678.64m)SolvBTC LSTs ($74.88m)Lorenzo stBTC ($26,205.96)Chakra ($22,240.66)pSTAKE BTC ($0.46)alloBTC ($0.42)LISA BTC LST

Frequently Asked Questions

What is GTBTC's TVL?

GTBTC currently has $267.44m in total value locked. TVL has increased 21.3% over the past 30 days.

What chains does GTBTC operate on?

GTBTC operates on Bitcoin. Bitcoin holds the largest share at 100%.

How much has GTBTC generated in fees and revenue?

Over the past 30 days, GTBTC generated $28,491 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $696,445 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 $1.021b across 8 protocols, and GTBTC accounts for 26.2% of that total. Other leading protocols include Lombard LBTC, SolvBTC LSTs, Lorenzo stBTC, Chakra, pSTAKE BTC, alloBTC, and LISA BTC LST.