Bitcoin USD
Profil du Stablecoin
Bitcoin USD (BtcUSD) est un stablecoin collatéralisé en crypto : les utilisateurs frappent BtcUSD en verrouillant d'autres crypto-actifs en surcollatéral, avec 7,7 M $US actuellement en circulation sur 2 réseaux blockchain. L'ancrage à USD est maintenu via des enchères de liquidation lorsque la valeur du collatéral tombe sous les seuils requis. Source de prix obtenue via defillama.
À propos de Bitcoin USD (BtcUSD)
BTCFi is a way for Bitcoin holders to earn passive income while maintaining their BTC positions. By using Bitcoin as a collateral to mint BtcUSD, users can utilize Bitcoin as a way to access DeFi and the opportunities offered by it
Users are able to deposited WBTC or BTCBA and mint btcusd
Activité récente de l'offre
Bitcoin USD (BtcUSD) supply expanded by 1,5 k $US (+0.02%) in the last 24 hours, expanded by 7,6 k $US (+0.10%) over the past week, and expanded by 106,5 k $US (+1.40%) over the past 30 days.
Modest growth: net issuance is positive at 1.40% over the past month, indicating gradual demand uptake.
Historique de l'Offre
Network distribution
Bitcoin USD circulates across 2 blockchain networks. Base hosts the largest share at 60.75%, followed by Bifrost Network at 39.25%. Cross-chain distribution has remained broadly stable over the past 30 days.
| Chaîne | Offre | Part | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Base | 4,7 M $US | 60.75% | -0.00% | +0.33% |
| Bifrost Network | 3 M $US | 39.25% | +0.05% | +3.10% |
Historique de stabilité de l'ancrage
As a crypto-collateralised stablecoin, Bitcoin USD (BtcUSD) maintains its 1.00 USD target by holding excess on-chain collateral and routing redemptions through automated liquidation auctions. Spot price is currently $1.0045 (+0.446%); short-term excursions of this magnitude are typically arbitraged away within hours via the protocol's open mint/redeem mechanics.
Comment les stablecoins crypto-collateralised défendent leur ancrage
Crypto-collateralised stablecoins like this one over-collateralise positions — borrowers must lock more than $1.00 of crypto for each $1.00 of stablecoin minted. If collateral value falls below the required ratio, the position is automatically liquidated in an open Dutch auction. Arbitrageurs can always mint and redeem against the protocol's contracts, which keeps the secondary-market price tightly bounded around $1.00. The main residual risks are sudden crypto-collateral crashes that outpace the liquidation engine, and oracle failure.
Implications pratiques pour les détenteurs
- Collateral volatility is the dominant risk: a fast drawdown in the collateral asset can outpace liquidation auctions and leave the protocol under-collateralised.
- Oracle risk: the protocol relies on price feeds (typically Chainlink or a multi-oracle setup). Oracle manipulation or delay during volatile markets has historically caused peg excursions.
- Governance risk: parameter changes (collateral types, liquidation ratios, debt ceilings) are decided by token-holder votes. Sudden governance attacks remain a tail risk.
- On-chain transparency is a major advantage — collateral is verifiable 24/7 without trusting an attestor.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (crypto-collateralised) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Adresses de contrat
Bitcoin USD (BtcUSD) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Chaîne | Adresse du contrat | Vérifier |
|---|---|---|
| Ethereum | 0x6906ccda405926fc3f04240187dd4fad5df6d555 | Explorateur |
Les adresses de contrat proviennent du profil stablecoin de DeFiLlama. Certaines chaînes (Tron, Solana, Aptos, Sui) utilisent des formats d'adresse non EVM. Le lien « Explorateur » ouvre l'explorateur de blocs officiel de la chaîne concernée ; nous ne renvoyons pas vers des explorateurs tiers susceptibles d'afficher des données modifiées.
Comparer Bitcoin USD à d'autres stablecoins crypto-collateralised
Below are the largest crypto-collateralised stablecoins tracked on Mantapex alongside Bitcoin USD (BtcUSD). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Offre | Mécanisme | Chaînes |
|---|---|---|---|
| Sky Dollar (USDS) | 8,4 Md $US | crypto-backed | 6 |
| Ethena USDe (USDe) | 5,9 Md $US | crypto-backed | 23 |
| Dai (DAI) | 4,6 Md $US | crypto-backed | 48 |
| Falcon USD (USDf) | 1,6 Md $US | crypto-backed | 2 |
| USDD (USDD) | 1,1 Md $US | crypto-backed | 4 |
Entre les classes de mécanismes
If you're researching BtcUSD as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.
Stabilité du Peg
Distribution par Chaîne
Ressources et sources de données
Bitcoin USD (BtcUSD) is tracked across major crypto data providers. The links below open Bitcoin USD (BtcUSD)'s pages on CoinGecko and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Stablecoins associées
Stablecoins comparable to Bitcoin USD by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Autres stablecoins crypto-backed
Stablecoins indexés sur USD
Plus grands stablecoins par offre
Avertissement de Risque
Les stablecoins comportent des risques, notamment la dé-peggisation, les changements réglementaires et le risque de contrepartie. Diversifiez toujours et faites vos propres recherches.