Portal To Bitcoin

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 = Portal staking contract balances. No AMM liquidity included because Portal uses atomic swaps.

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

Portal To Bitcoin's governance or utility token carries a market capitalisation of $2.4M based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($2.4M) above the protocol's on-chain TVL ($0.1) — a mcap/TVL multiple of 18732019.19× 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.

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

1. Nov 25, 2025
   Listed on DeFiLlama

Portal To Bitcoin 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 on Ethereum. The codebase has been independently audited (1 report on file).

Portal To Bitcoin is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap ($2.4M) currently exceeds total value locked ($0.1) — a mcap/TVL ratio of 18732019.19 suggests the market is pricing in more growth than current deposits support.

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

Portal To Bitcoin 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 $30.4B in deposits, giving you a frame of reference for whether Portal To Bitcoin's own TVL is at the top, middle, or tail of the category.

WBTC

TVL $8.7B · 24h +0.07%

Coinbase Bridge

TVL $5.4B · 24h +0.61%

Binance Bitcoin

TVL $5.1B · 24h +0.14%

Hyperliquid Bridge

TVL $4.5B · 24h +0.55%

USDT0

TVL $4.2B · 24h +1.96%

JustCryptos

TVL $2.4B · 24h +0.44%