BTCST

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.

Counts liquidty on all the Vaults through their Contracts

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

BTCST's governance or utility token carries a market capitalisation of 62.493,9 $ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (62.493,9 $) is small relative to deposits secured by the protocol (947.526,4 $); a mcap/TVL multiple of 0.07× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token. A further 43.835,7 $ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

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. Dec 18, 2021
   Auf DeFiLlama gelistet

BTCST operates in the Yield category of DeFi. It is deployed on Binance.

BTCST is a single-chain protocol, deployed exclusively on Binance — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Binance, Binance-staking, staking), so a fault on any one of them would affect a large slice of users. Its token market cap (62.493,9 $) is small relative to TVL (947.526,4 $) — a mcap/TVL ratio of 0.07 is often read as the token being structurally undervalued versus the activity it secures.

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

BTCST is one of 7 Yield protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Pendle, Spark Savings, Convex Finance, and 3 more. These peer protocols collectively secure 5,2 Mrd. $ in deposits, giving you a frame of reference for whether BTCST's own TVL is at the top, middle, or tail of the category.

Pendle

TVL 2,3 Mrd. $ · 24h +0.37%

Spark Savings

TVL 1,4 Mrd. $ · 24h +0.35%

Convex Finance

TVL 722,7 Mio. $ · 24h +0.66%

Multipli.fi

TVL 342,7 Mio. $ · 24h -0.01%

Strata Markets

TVL 259,5 Mio. $ · 24h +0.70%

infiniFi

TVL 177 Mio. $ · 24h +1.74%