Search results for "SBTC"
2025-12-09
04:06
1

BSD integrates Dual Stacking functionality, allowing sBTC collateral in the vault to simultaneously earn a 5% annual yield.

ChainCatcher news, Bitcoin-based stablecoin protocol BSD has officially launched the Dual Stacking feature. Users who lock sBTC collateral in the BSD Vault can now simultaneously earn a 5% sBTC annualized yield. This means the same collateral can serve two roles at once: securing the user's credit line and earning Bitcoin yield. The Vault will begin generating yield in the next Stacking cycle (around December 3), with the first batch of yield expected to be distributed around December 17. According to BSD officials, the protocol's minimum annualized borrowing rate is currently 0%. The borrowing cost for some Vaults is about 0.1%, and after earning a 5% yield on collateral, users' net borrowing cost can drop to -4.9%, meaning users are effectively paid to borrow.
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SBTC3,7%
BTC3,73%
10:42

sBTC(SBTC) will start spot trading on Gate on September 22, 2025.

According to the Gate News bot message and the official announcement from Gate on September 22, 2025: Gate will launch sBTC on September 22, 2025, at 23:00 ( UTC+8. The spot trading pair will be SBTC/USDT. sBTC is a 1:1 Bitcoin-backed asset based on the Stacks Layer 2 network. Users can lock BTC from the Bitcoin mainnet to the Stacks layer using sBTC to participate in DeFi protocols, lending platforms, and AMM applications. Stacks, as a Layer 2 solution for Bitcoin, settles transactions to the Bitcoin mainnet through the transfer proof )PoX( mechanism, supporting smart contracts and decentralized applications while inheriting the security of Bitcoin.
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SBTC3,7%
BTC3,73%
03:15
1

The encryption accomplice company Copper has added support for sBTC, enhancing access to the Bitcoin Decentralized Finance ecosystem.

Gate News bot News, Copper, a company focused on digital asset custody and collateral management, announced the expansion of support for Stacks (STX) and sBTC. sBTC is a Bitcoin-based asset that sits on Stacks Layer 2 and is pegged 1:1 to BTC, enabling Bitcoin holders to access smart contracts, DeFi, and other programmable financial use cases while maintaining a direct connection to Bitcoin's value, with the aim of bringing Bitcoin liquidity to DeFi applications, creating new opportunities for yield, lending, and cross-chain interoperability. The integration enables Copper's global customers to "securely store, transfer, and manage sBTC and their existing digital asset portfolios, further enhancing access to the Bitcoin DeFi ecosystem."
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SBTC3,7%
BTC3,73%
DEFI4,13%
02:15

DeFi protocol ALEX was attacked, resulting in a loss of 8.37 million USD, and has promised full compensation.

Gate News bot news, the DeFi protocol ALEX has encountered an attack event due to a vulnerability in the coin listing verification logic. In this attack, the ALEX protocol lost approximately $8.37 million in assets, including 8.4 million STX, 21.85 sBTC, 2.8 WBTC, and about $150,000 in stablecoin. The ALEX Lab Foundation has responded to this incident, announcing that it will fully compensate affected users in USDC. The compensation amount will be calculated based on the average on-chain price on the evening of June 6, and payment will be completed within 7 working days after confirming the relevant information. Source: Wu Says
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DEFI4,13%
ALEX-0,54%
14:12
1

Stacks: sBTC withdrawal function is now live.

Golden Finance reported that the Bitcoin Layer 2 network Stacks announced that the sBTC withdrawal feature is now live. To ensure the normal operation of the system, the withdrawal limit will temporarily be restricted to 150 BTC per day.
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STX1,52%
SBTC3,7%
BTC3,73%
18:36

Stack launches sBTC Cap-2, increasing the total deposit limit to 3000 BTC

Odaily Planet Daily News Stack announced today the launch of sBTC Cap-2, with a deposit limit increase of 2,000 BTC on top of the existing 1,000 BTC limit, bringing the total capacity to 3000 BTC. Earlier news, sBTC was launched on Stacks Mainnet in December last year, backed 1:1 by BTC, aiming to unlock access to Decentralized Finance for BTC.
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SBTC3,7%
BTC3,73%
STX1,52%
DEFI4,13%
14:13

Stable Coin USDh received 3 million USDh Liquidity

ChainCatcher news, USDh developer Hermetica (a stablecoin built on the BTC layer 2 Stacks) has completed a transaction, bringing approximately 3 million USD of Liquidity to the Token. Hermetica and BTC lending protocol Zest plan to provide USDh through sBTC lending
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BTC3,73%
STX1,52%
SBTC3,7%
14:29

StakeStoneBerachainVault opens BTC deposits, early bird users will receive 300,000 future STO Token rewards

CoinWorld News, StakeStone Berachain Vault has opened BTC deposit, users can deposit WBTC/cbBTC/SBTC to obtain their vault LP certificate beraSBTC and receive rewards, while also being able to use beraSBTC/beraSTONE for trading, borrowing, leveraging, and other operations to unlock more opportunities and returns in Decentralized Finance. In addition, the first 2000 early bird users who deposit more than 0.0015 SBTC/cbBTC will each receive 150 future STO Token rewards, totaling 300,000 tokens. Users participating in this StakeStone Berachain Vault will also receive the following Liquidity rewards: 1.5% of the total future STO supply.
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BTC3,73%
WBTC3,81%
SBTC3,7%
DEFI4,13%