StakeStone SBTC (STO)
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.
TVL by chain
About StakeStone SBTC
StakeStone SBTC is a indexes protocol deployed across 2 chains, led by Ethereum, Binance. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare StakeStone SBTC against the wider market on the live protocol rankings, or explore current yields across DeFi.
Official website: https://stakestone.io/#/home