BTCFi CDP

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

BTCFi CDP is published as a versioned release inside the Btcfi protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

BTCFi CDP is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Apr 22, 2024
   Listed on DeFiLlama

BTCFi CDP is a CDP protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed across 4 chains, including Bitcoin, Bifrost Network, Base, CORE. No public audit reports are listed on DeFiLlama for this protocol.

BTCFi CDP operates on 4 networks (Bitcoin, Bifrost Network, Base, CORE), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Bitcoin, Bifrost Network, Base), so a fault on any one of them would affect a large slice of users. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk.

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

BTCFi CDP is one of 7 CDP protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Sky Lending, USDD, Lista CDP, and 3 more. These peer protocols collectively secure $9.2B in deposits, giving you a frame of reference for whether BTCFi CDP's own TVL is at the top, middle, or tail of the category.

Sky Lending

TVL $7.4B · 24h -0.04%

USDD

TVL $563.6M · 24h -12.33%

Lista CDP

TVL $422.5M · 24h -0.11%

Avalon USDa

TVL $403.7M · 24h -0.57%

Liquity V1

TVL $180.4M · 24h +0.29%

Reservoir Protocol

TVL $166.9M · 24h +15.44%