CONTEXT & PERSPECTIVE
Overview
Overview
sBTC is a SIP-010 token on the Stacks blockchain that represents Bitcoin (BTC) in a 1:1 ratio. It enables Bitcoin holders to participate in DeFi applications and other smart contract functionalities while maintaining a peg to the underlying Bitcoin.
Sources and further reading
Category, chain coverage, and overview come from provider records. TVL describes reported deposited value and is not an audit of a protocol's safety.