Bitway

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

For each strategy: call getTVL(token) on its vault and sum per-token amounts

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Bitway's governance or utility token carries a market capitalisation of 75,7 Mio. $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (75,7 Mio. $) above the protocol's on-chain TVL (15,5 Mio. $) — a mcap/TVL multiple of 4.89× implies investors are paying for expected future fee flows rather than current deposits alone.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Mar 12, 2026
   Auf DeFiLlama gelistet

Bitway operates in the Basis Trading category of DeFi. It is deployed on Binance. The codebase has been independently audited (3 reports on file).

Bitway is a single-chain protocol, deployed exclusively on Binance — this concentrates execution risk but simplifies the trust model. 3 public audit reports are linked from DeFiLlama, which is on the higher end of transparency for the DeFi sector — most protocols of comparable TVL publish far fewer. Its token market cap (75,7 Mio. $) currently exceeds total value locked (15,5 Mio. $) — a mcap/TVL ratio of 4.89 suggests the market is pricing in more growth than current deposits support.

Verified external resources for Bitway — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Bitway is one of 7 Basis Trading protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Ethena USDe, Falcon Finance, Solstice USX, and 3 more. These peer protocols collectively secure 8,8 Mrd. $ in deposits, giving you a frame of reference for whether Bitway's own TVL is at the top, middle, or tail of the category.

Ethena USDe

TVL 5,9 Mrd. $ · 24h -0.01%

Falcon Finance

TVL 1,6 Mrd. $ · 24h -0.03%

Solstice USX

TVL 371,5 Mio. $ · 24h -0.01%

BounceBit CeDeFi Yield

TVL 352 Mio. $ · 24h +0.02%

BitFi Basis

TVL 259,2 Mio. $ · 24h +0.52%

Superstate USCC

TVL 250,2 Mio. $ · 24h +0.07%