PumpBTC

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.

TVL for pumpBTC is calculated based on the total value of WBTC, FBTC, BTCB held in the contract that were utilized in the minting process of pumpBTC.

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

PumpBTC's governance or utility token carries a market capitalisation of 50,9 Mio. $ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (50,9 Mio. $) and TVL (58,9 Mio. $) trade close together, giving a mcap/TVL multiple of 0.86× — broadly the range market participants treat as "fair" for an established DeFi protocol.

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. Jul 25, 2024
   Auf DeFiLlama gelistet

PumpBTC is a Bridge protocol that moves assets and messages between blockchains, locking value on the source chain and minting or releasing a representation on the destination. It is deployed across 8 chains, including Bitcoin, Binance, Ethereum, Base and 4 other chains. The codebase has been independently audited (1 report on file).

PumpBTC runs a multi-chain deployment, with smart contracts live on 8 networks. Roughly 100% of its on-chain value sits on just three networks (Bitcoin, Binance, Ethereum), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Token market cap (50,9 Mio. $) and TVL (58,9 Mio. $) trade at a ratio of 0.86, in the range generally considered normal for an established DeFi protocol.

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

PumpBTC is one of 7 Bridge protocols Mantapex tracks in this category. Direct peers ranked by total value locked include WBTC, Coinbase Bridge, Binance Bitcoin, and 3 more. These peer protocols collectively secure 30,4 Mrd. $ in deposits, giving you a frame of reference for whether PumpBTC's own TVL is at the top, middle, or tail of the category.

WBTC

TVL 8,7 Mrd. $ · 24h +0.07%

Coinbase Bridge

TVL 5,4 Mrd. $ · 24h +0.61%

Binance Bitcoin

TVL 5,1 Mrd. $ · 24h +0.14%

Hyperliquid Bridge

TVL 4,5 Mrd. $ · 24h +0.55%

USDT0

TVL 4,2 Mrd. $ · 24h +1.96%

JustCryptos

TVL 2,4 Mrd. $ · 24h +0.44%