Onboarding typically takes 1-3 business days after submitting the required KYB (Know Your Business) documentation. Our team works efficiently to review and approve applications.
iBTC offers several key advantages:
Institutions can deploy iBTC across various DeFi protocols for:
See our Earn Page for specific live opportunities.
iBTC supports leading institutional custodians like Ledger, Fordefi, DFNS, and BitGo (coming soon). Integration allows seamless management of assets within existing workflows. Trading firms can leverage iBTC for arbitrage and market-making with reduced counterparty risk.
Yes, the core principle of iBTC is self-wrapping. Approved institutions deposit their BTC into their dedicated, secure multi-sig vault and trigger the minting of iBTC directly on Layer 1, maintaining control throughout.
iBTC itself resides on Bitcoin Layer 1. The yield opportunities accessed using iBTC span multiple DeFi ecosystems, primarily focused on platforms with deep liquidity and strong security where Bitcoin-related assets are utilized.
iBTC is integrated with various partners for custody and yield generation. Please refer to our Ecosystem Page for a list of current partners and platforms.
Total Value Locked (TVL) fluctuates based on market conditions and strategy participation. We focus on secure, sustainable yield across established DeFi protocols rather than maximizing TVL on any single platform.
The yield displayed is generated directly from the underlying DeFi activities (e.g., lending interest, trading fees, staking rewards) facilitated by our partners. iBTC acts as the secure, bridgeless collateral asset enabling this participation. Yields are variable and depend on the specific strategy chosen.
We currently support Ledger, Fordefi, and DFNS, with BitGo and Tungsten support coming soon. We are continuously expanding our network of trusted institutional custodians.