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iBTC Network

Total Value Locked$205.58

TVL by Chain

Bitcoin$205.58

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Protocol Information

iBTC, a Bitcoin L1 native wrapper, uses a decentralized network of node operators, merchants, and custodians to enable bridgeless yield on Bitcoin.

Audits:

Methodology

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

Competitors

iBTC Network history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 30, 2024 to Oct 27, 2026.

All-time high TVL: $4.78m on Aug 14, 2025. All-time low TVL: $149 on Jun 26, 2026.

Daily TVL, Sep 28, 2026 to Oct 27, 2026

DateTVL
Sep 28, 2026$212
Sep 29, 2026$211
Sep 30, 2026$212
Oct 1, 2026$212
Oct 2, 2026$216
Oct 3, 2026$215
Oct 4, 2026$215
Oct 5, 2026$219
Oct 6, 2026$217
Oct 7, 2026$217
Oct 8, 2026$210
Oct 9, 2026$207
Oct 10, 2026$209
Oct 11, 2026$210
Oct 12, 2026$212
Oct 13, 2026$210
Oct 14, 2026$211
Oct 15, 2026$207
Oct 16, 2026$209
Oct 17, 2026$207
Oct 18, 2026$207
Oct 19, 2026$209
Oct 20, 2026$207
Oct 21, 2026$210
Oct 22, 2026$214
Oct 23, 2026$206
Oct 24, 2026$206
Oct 25, 2026$205
Oct 26, 2026$203
Oct 27, 2026$203

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$3.72m
Dec 31, 2024$3.55m
Jan 31, 2025$2.62m
Feb 28, 2025$2.1m
Mar 31, 2025$3.24m
Apr 30, 2025$3.73m
May 31, 2025$3.89m
Jun 30, 2025$4.18m
Jul 31, 2025$4.57m
Aug 31, 2025$4.2m
Sep 30, 2025$3.07m
Oct 31, 2025$2.81m
Nov 30, 2025$1.26m
Dec 31, 2025$1.22m
Jan 31, 2026$531,771
Feb 28, 2026$416,057
Mar 31, 2026$169
Apr 30, 2026$193
May 31, 2026$187
Jun 30, 2026$151
Jul 31, 2026$163
Aug 31, 2026$198
Sep 30, 2026$212
Oct 27, 2026 (latest)$203

TVL at each year end, Dec 31, 2024 to Dec 31, 2025

DateTVL
Dec 31, 2024$3.55m
Dec 31, 2025$1.22m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ibtc-network

Frequently asked questions

What is iBTC Network's TVL?

As of Oct 27, 2026, iBTC Network has $205.58 in total value locked. TVL has decreased 3.9% over the past 30 days.

What chains does iBTC Network operate on?

iBTC Network operates on Bitcoin. Bitcoin holds the largest share at 100%.

How does iBTC Network's TVL compare to similar protocols?

Among Decentralized BTC protocols tracked by DefiLlama, iBTC Network ranks #6 by TVL. The category holds $385.57m across 6 protocols, and iBTC Network accounts for <0.1% of that total. Similar protocols include tBTC, Chain Fusion, SUBFROST, BitSafe CBTC, and Zeus Network.