Protocol Information
SBTC is designed to act as a liquid, index BTC, addressing the issue of illiquid native BTC assets by providing robust omnichain liquidity. This innovative solution will facilitate BTC asset trading and enhance the utility of native BTC within EVM ecosystems as well as other Layer 1 and Layer 2 networks. SBTC will be composed of a diversified basket of ERC20 tokens, primarily BTCB, ensuring a solid foundation of liquidity.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
StakeStone SBTC history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 23, 2024 to Oct 27, 2026.
All-time high TVL: $110.5m on Jan 31, 2025. All-time low TVL: $6 on Oct 1, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $24,391 |
| Sep 29, 2026 | $24,291 |
| Sep 30, 2026 | $24,380 |
| Oct 1, 2026 | $24,421 |
| Oct 2, 2026 | $24,819 |
| Oct 3, 2026 | $24,728 |
| Oct 4, 2026 | $24,760 |
| Oct 5, 2026 | $25,269 |
| Oct 6, 2026 | $25,052 |
| Oct 7, 2026 | $24,983 |
| Oct 8, 2026 | $24,230 |
| Oct 9, 2026 | $23,960 |
| Oct 10, 2026 | $24,104 |
| Oct 11, 2026 | $24,223 |
| Oct 12, 2026 | $24,480 |
| Oct 13, 2026 | $24,310 |
| Oct 14, 2026 | $24,336 |
| Oct 15, 2026 | $23,871 |
| Oct 16, 2026 | $23,933 |
| Oct 17, 2026 | $23,819 |
| Oct 18, 2026 | $23,875 |
| Oct 19, 2026 | $24,048 |
| Oct 20, 2026 | $23,908 |
| Oct 21, 2026 | $24,273 |
| Oct 22, 2026 | $24,205 |
| Oct 23, 2026 | $23,744 |
| Oct 24, 2026 | $23,696 |
| Oct 25, 2026 | $23,613 |
| Oct 26, 2026 | $23,273 |
| Oct 27, 2026 | $23,404 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $16.96m |
| Dec 31, 2024 | $35.51m |
| Jan 31, 2025 | $110.5m |
| Feb 28, 2025 | $87.08m |
| Mar 31, 2025 | $84.65m |
| Apr 30, 2025 | $97.3m |
| May 31, 2025 | $83.69m |
| Jun 30, 2025 | $174,272 |
| Jul 31, 2025 | $156,389 |
| Aug 31, 2025 | $139,314 |
| Sep 30, 2025 | $140,705 |
| Oct 31, 2025 | $98,876 |
| Nov 30, 2025 | $82,340 |
| Dec 31, 2025 | $35,838 |
| Jan 31, 2026 | $32,551 |
| Feb 28, 2026 | $24,657 |
| Mar 31, 2026 | $21,830 |
| Apr 30, 2026 | $24,317 |
| May 31, 2026 | $23,239 |
| Jun 30, 2026 | $17,868 |
| Jul 31, 2026 | $19,148 |
| Aug 31, 2026 | $22,916 |
| Sep 30, 2026 | $24,380 |
| Oct 27, 2026 (latest) | $23,404 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $35.51m |
| Dec 31, 2025 | $35,838 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/stakestone-sbtc
Frequently asked questions
What is StakeStone SBTC's TVL?
As of Oct 27, 2026, StakeStone SBTC has $23,546 in total value locked. TVL has decreased 4.4% over the past 30 days.
What chains does StakeStone SBTC operate on?
StakeStone SBTC operates on 2 chains: Ethereum and BSC. Ethereum holds the largest share at 92.3%.
How does StakeStone SBTC's TVL compare to similar protocols?
Among Indexes protocols tracked by DefiLlama, StakeStone SBTC ranks #33 by TVL. The category holds $300.57m across 75 protocols, and StakeStone SBTC accounts for <0.1% of that total. Similar protocols include SoSoValue Indexes, Reserve Protocol, Nested, PowerPool, Cook Finance, DeHive, Enzyme Finance, Chamber Vaults, Index Coop, and Set Protocol.