⌘K

ckBTC

Total Value Locked$17.47m

Chain Breakdown
Bitcoin	$17.47m

USD BTC

Information

Protocol Information

Chain-key Bitcoin (ckBTC) is a token on the Internet Computer (ICP) that is backed 1:1 by bitcoin (BTC). Conversion and redemption is fully automated via canister smart contracts using threshold cryptography - no trusted intermediaries required.ckBTC transactions have a 1-2 second finality and incur negligible fees, making it a viable option for everyday economic activities such as buying groceries or getting a coffee.

Category: Cross Chain

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Token Information

Methodology

We count the BTC as the collateral for the ckBTC

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Competitors

Maya Protocol ($38.52m)21.co ($7.7m)HOPE Collateral ($4.26m)BoringDAO ($3.17m)C3 Exchange ($1.35m)Stargate V2 ($326.39m)Across ($144.58m)Stargate V1 ($140.54m)Synapse ($107.73m)Hop Protocol ($43.49m)