what's BTCB?
BTCB is a BEP-20 token on the BNB Smart Chain that serves as a pegged representation of Bitcoin (BTC), maintaining a 1:1 value through reserves held by the issuer. It enables users to bridge BTC from the Bitcoin network to the BNB Smart Chain, allowing participation in smart contract-based applications such as decentralized exchanges, lending protocols, and yield farming without the higher fees and slower speeds of the native BTC chain. The token's mechanics involve minting new BTCB when BTC is deposited into a bridge contract and burning BTCB to release the underlying BTC. Issued primarily by Binance, it benefits from the chain's EVM compatibility, low transaction costs, and interoperability with other BEP-20 assets, facilitating seamless use of Bitcoin's value within the broader BNB ecosystem.
Whale holds $3.5M BTCB on BNB Chain.
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A whale holds $3.5M of BTCB on BNB Chain as part of their portfolio.
Over 12% of Venus Protocol's $1.5B+ Core Pool TVL consists of Solv-related assets, enabling yield optimization through BTCB and BNB looping on BNB Chain.
Curve on Monad offers approximately 15% APR for BTC.b in a Bitcoin Converter pool (WBTC/LBTC/BTC.b) subsidized with 30k MON incentives daily at $2.3m TVL, with rewards claimable on Merkl.
Lombard article update in December 2025 incorporates information about a BTC.b acquisition.
Lombard's BTC.b goes live on Katana chain with integrations into Sushi and Morpho applications, with over 330 BTC.b already deposited onchain.
Silo on Avalanche offers 3.5% APR for BTC.b savBTC deposits without loops or leverage.
A $300K rewards program distributes approximately $6.7K in daily rewards for staking BTCB to receive BTC+ as part of BNB Chain's DeFi Festival through Binance Wallet.
SolvProtocol accepts BTCB deposits for SolvBTC.BNB on BNB Chain, generating yields above 10% through Equilibria platform with vePENDLE boost and earning 4x Solv Points on Pendle LP positions.
Artemis Finance on GOAT Rollup offers 52% APR for BTCB staking, with the resulting artBTC liquid staking token usable across StableJack and SumerMoney platforms.
BTC.b expands to additional blockchain networks soon and is clarified as Lombard's non-yield bearing asset, distinct from their yield-bearing LBTC product.
lista_dao accepts BTCB as collateral to borrow BNB for Binance launchpool participation with up to 10% APR returns.
BTC.b is supported by the encrypted ERC (eERC) protocol on Avalanche C-Chain, enabling private and confidential token transfers for the asset.
KeyringNetwork adds BTC.b as collateral option with zkverified markets offering lending and borrowing rates on a platform holding over $15M in deposits.
Participation confirmed as part of the Lombard Security Consortium supporting the BTC.b transition alongside Lombard Finance.
Santiment ranks BTCB as the top BSC & Binance Chain project by development activity based on github event data.
Silo offers 13.1% APR on BTC.b through MEV-managed vaults on Avalanche, powered by Avalanche incentives and pure yield without loops.
ZEC/BTCB liquidity pool on PancakeSwap offers 600% APR with $100K total liquidity.