eBTC Protocol
eBTC is a collateralized crypto asset soft pegged to the price of Bitcoin and built on the Ethereum network. It is backed exclusively by Lido's stETH and powered by immutable smart contracts with minimized counterparty reliance. It is designed to be the most decentralized synthetic Bitcoin in DeFi and offers the ability for anyone in the world to borrow BTC at no cost.
Total Value Locked
$5.49K
30d Change
+15.9%
Category
CDP
1 chains
TVL — last 180 days
TVL by chain
| Chain | TVL | Share |
|---|---|---|
| Ethereum | $5.49K | 100.0% |
About eBTC Protocol
eBTC Protocol is a cdp protocol deployed across 1 chain, led by Ethereum. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare eBTC Protocol against the wider market on the live protocol rankings, or explore current yields across DeFi.