Coinranking
BTCfi coins
48 coins #25| | Coins | | | ||
|---|---|---|---|---|---|
| | |||||
| | 1 |  Wrapped BTC WBTC | $ | -0.24%  | |
| | 2 |  Chainlink LINK | $ | -0.60%  | |
| | 3 |  Stacks STX | $ | -0.07%  | |
| | 4 |  tBTC v2 TBTC | $ | -0.32%  | |
| | 5 |  Pendle PENDLE | $ | -1.50%  | |
| | 6 |  THORChain RUNE | $ | -0.03%  | |
| | 7 |  Core DAO CORE | $ | -1.15%  | |
| | 8 |  Lombard BARD | $ | -0.85%  | |
| | 9 |  Hemi HEMI | $ | +0.60%  | |
| | 10 |  BounceBit BB | $ | +8.83%  | |
| | 11 |  Babylon BABY | $ | +0.27%  | |
| | 12 |  Lorenzo Governance Token BANK | $ | +10.10%  | |
| | 13 |  Rujira RUJI | $ | -4.74%  | |
| | 14 |  Yala Token YALA | $ | -0.28%  | |
| | 15 |  Badger DAO BADGER | $ | -4.95%  | |
| | 16 |  Elastos ELA | $ | +0.42%  | |
| | 17 |  pumpBTC Governance token PUMP | $ | +27.97%  | |
| | 18 |  pSTAKE Finance PSTAKE | $ | -1.49%  | |
| | 19 |  MLTToken ML | $ | -0.60%  | |
| | 20 |  Ren REN | $ | -7.01%  | |
| | 21 |  PELL Network Token PELL | $ | -3.66%  | |
| The coins below are ranked lower due to missing data. Learn more | |||||
| | 22 |  Rootstock Smart Bitcoin RBTC | $ | +0.23%  | |
| | 23 |  ether.fi Staked BTC EBTC | $ | -2.46%  | |
| | 24 |  ckBTC ckBTC | $ | +2.48%  | |
| | 25 |  Sovryn SOV | $ | -0.45%  | |
| | 26 |  ECHO ECHO | $ | +1.99%  | |
| | 27 |  renBTC RENBTC | $ | -1.92%  | |
| | 28 |  Bridged Magpie-Peg BTC BRIDGED MBTC | $ | --%  | |
| | 29 |  SSNC SSNC | $ | --%  | |
| | 30 |  Aave Avalanche BTC.b aAvaBTC.b | $ | --%  | |
| | 31 |  Solv BTC SolvBTC | $ | --%  | |
| | 32 |  Ola OLA | $ | --%  | |
| | 33 |  SolvBTC Jupiter SolvBTC.JUP | $ | --%  | |
| | 34 |  Bitfinity Network BTF | $ | --%  | |
| | 35 |  SolvBTC.DeFi SolvBTC.DeFi | $ | --%  | |
| | 36 |  Cellula Token CELA | $ | --%  | |
| | 37 |  Prosper PROS | $ | --%  | |
| | 38 |  COLEND CLND | $ | --%  | |
| | 39 |  Lorenzo stBTC STBTC | $ | --%  | |
| | 40 |  dmt-nat dmt-nat | $ | -13.16%  | |
| | 41 |  BVM BVM | $ | +12.96%  | |
| | 42 |  Echo ECHO | $ | +1.93%  | |
| | 43 |  GOATED GOATED | $ | +20.24%  | |
| | 44 |  Mezo USD MUSD | $ | -0.28%  | |
| | 45 |  GVNR GVNR | $ | -0.23%  | |
| | 46 |  Green Minting Token MINT | $ | -14.53%  | |
| | 47 |  USDX USDX | $ | +0.02%  | |
| | 48 |  OroBit XRB | $ | +10.30%  | |
Trending BTCfi coins
| Coins | Price | 24h | |
|---|---|---|---|
| | Wrapped BTC WBTC | $ | -0.24% |
| | Chainlink LINK | $ | -0.60% |
| | Pendle PENDLE | $ | -1.50% |
| | Core DAO CORE | $ | -1.15% |
| | THORChain RUNE | $ | -0.03% |
Top gainers
| Coins | | | |||
|---|---|---|---|---|---|
| | pumpBTC Governance token PUMP | $ | +27.97% | ||
| | Lorenzo Governance Token BANK | $ | +10.10% | ||
| | BounceBit BB | $ | +8.83% | ||
| | Hemi HEMI | $ | +0.60% | ||
| | Elastos ELA | $ | +0.42% | ||
| All gainers | |||||
BTCFi, or Bitcoin Decentralized Finance, refers to an emerging ecosystem of decentralized financial (DeFi) services and applications built on the Bitcoin network and its associated technologies, such as layer-2 solutions and sidechains. It expands Bitcoin's utility beyond being a store of value or digital gold, enabling users to engage in financial activities without relying on traditional financial institutions.
Key Aspects of BTCFi
Lending and Borrowing
Platforms allow users to lend their Bitcoin and earn interest or borrow assets by collateralizing their Bitcoin.
Tokenized Bitcoin:
Tokenized versions of Bitcoin (e.g., Wrapped Bitcoin or WBTC) are created on other blockchains like Ethereum to enable interaction with DeFi platforms that Bitcoin’s native chain does not natively support.
Decentralized Exchanges (DEXs)
Users can trade Bitcoin or Bitcoin-backed tokens directly with others through decentralized exchanges, avoiding centralized intermediaries.
Cross-Chain Interoperability:
BTCFi solutions often support cross-chain technologies that allow Bitcoin to interact with other blockchain ecosystems seamlessly.
Security and Transparency:
Leveraging Bitcoin's strong security infrastructure and decentralized nature, BTCFi applications provide tamper-proof financial interactions with high levels of transparency.
Examples of BTCFi Use Cases
- Interest-Earning Protocols: Deposit Bitcoin into lending protocols to earn yields.
- Decentralized Trading: Trade Bitcoin or Bitcoin-backed assets on platforms like Uniswap or SushiSwap.
- Tokenized Derivatives: Access derivatives markets with Bitcoin-based collateral.
BTCFi Tokens and Tools
- Wrapped Bitcoin (WBTC): A tokenized version of Bitcoin used on Ethereum.
Sovryn (SOV): A DeFi platform native to the Bitcoin blockchain. - Lightning Network: A layer-2 solution enabling faster, cheaper Bitcoin transactions, foundational for BTCFi apps.
BTCFi is still in its infancy but has the potential to transform Bitcoin’s role in the broader cryptocurrency landscape by integrating decentralized finance capabilities.