uniBTC/xBTC
A brand new restaking protocol that accepts wrapped BTC tokens in partnership with the BTC staking protocol Babylon chain. The wBTC token on the Ethereum blockchain is supported, allowing all wBTC token holders to enjoy both yield on staking BTC tokens and the security of the Ethereum network. The need for BTC holders to earn yield while safely holding their BTC tokens has been long recognized. The market is anticipating Babylon's Bitcoin Staking Protocol as a prominent solution. While Babylon is designed for restaking on top of the BTC blockchain network, there is also interest in solutions for BTC-pegged tokens like wBTC, BTCB, or other wrapped BTC tokens, rather than just native BTC tokens. Bedrock's uniBTC provides an innovative restaking solution for wBTC holders to earn BTC restaking rewards without redeeming wBTC. It maintains the high security standards of the Ethereum blockchain, with the entire staking/unstaking process protected by multiple rounds of audited smart contracts. With Bedrock's extensive experience in developing various liquid staking and liquid restaking products, uniBTC offers a viable option for users of wrapped BTC tokens to earn multiple rewards by simply minting their wrapped BTC tokens into uniBTC.
Score | 27 |
|---|---|
24h Vol | $1.1K |
Liquidity | $5.8K |
Holders | N/A |
Audits | |
Age | 9 months |
FDV | $9.6K |
Market Cap | $180.5M |
uniBTC to xBTC Converter
Score | 27 |
|---|---|
24h Vol | $1.1K |
Liquidity | $5.8K |
Holders | N/A |
Audits | |
Age | 9 months |
FDV | $9.6K |
Market Cap | $180.5M |
About uniBTC (uniBTC)
A brand new restaking protocol that accepts wrapped BTC tokens in partnership with the BTC staking protocol Babylon chain. The wBTC token on the Ethereum blockchain is supported, allowing all wBTC token holders to enjoy both yield on staking BTC tokens and the security of the Ethereum network. The need for BTC holders to earn yield while safely holding their BTC tokens has been long recognized. The market is anticipating Babylon's Bitcoin Staking Protocol as a prominent solution. While Babylon is designed for restaking on top of the BTC blockchain network, there is also interest in solutions for BTC-pegged tokens like wBTC, BTCB, or other wrapped BTC tokens, rather than just native BTC tokens. Bedrock's uniBTC provides an innovative restaking solution for wBTC holders to earn BTC restaking rewards without redeeming wBTC. It maintains the high security standards of the Ethereum blockchain, with the entire staking/unstaking process protected by multiple rounds of audited smart contracts. With Bedrock's extensive experience in developing various liquid staking and liquid restaking products, uniBTC offers a viable option for users of wrapped BTC tokens to earn multiple rewards by simply minting their wrapped BTC tokens into uniBTC.
Other Pools Trading uniBTC (uniBTC)
uniBTC/xBTC Price Stats
The current price of uniBTC (uniBTC/xBTC) on Hyperion is $60,468.59, the price is up 0.84% in the last 24 hours. Its 24-hour trading volume is reported to be at $1,065.66 with a total of 183 transactions. uniBTC/xBTC resource type is 0xd9a73c8867613b2b9e690470524278198ba8956044d38b8c1becc2f66a2f2fc5, with a Fully Diluted Valuation (FDV) of $9,580.57 and a liquidity pool of $5,834.70.
