About sBTC
sBTC allows users to peg-in BTC from Bitcoin L1 to Stacks L2, where it can be used in DeFi protocols, lending platforms, or AMMs (Automated Market Makers).
Stacks is a Bitcoin Layer 2 (L2) that brings smart contracts, DeFi, and scalable applications to Bitcoin while inheriting its security. It uses Proof of Transfer (PoX) to settle transactions on Bitcoin without modifying its base layer. Stacks enables Clarity smart contracts, allowing decentralized applications (dApps) to interact with Bitcoin natively. With sBTC, a decentralized, 1:1 Bitcoin-backed asset, users can move BTC into Stacks to access DeFi and smart contracts while maintaining Bitcoin’s security. Stacks expands Bitcoin’s utility beyond a store of value, enabling it to be used for lending, yield generation, and trading in a trust-minimized way.
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Trading Insights
Market Stats
Market Cap
$190.07M
0.06%
FDV
Not enough data
Circ. Supply
3K SBTC
Max Supply
Not enough data
Total Supply
3K SBTC
Diluted Valuation
$190.07M
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
$38.46K
2.5%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$93.1K
Price Change (1Y)
Not enough data
39.2%
Additional details
Market details
SBTC vs markets
↘ 8.77%
SBTC vs BTC
↘ 0.19%
SBTC vs ETH
↘ 7.05%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Stacks | SM3VDXK3WZZSA84XXFKAFAF15NNZX32CTSG82JFQ4.sbtc-token |
Price history
Time | Price | Change |
|---|---|---|
Today | $64,446.90 | |
1 Day | $64,217.06 | |
1 Week | $61,677.03 | |
1 Month | $80,152.63 | |
1 Year | $105,813.08 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#523
Contributors
90
Posts
225
% About sBTC
0.042%
Articles
1
X (Twitter)
58.97% bullish
Sentiment
4.8 ★
Highlights
90 unique individuals are talking about sBTC and it is ranked #523 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, sBTC has an average sentiment score of 4.8 out of 5. Finally, sBTC is becoming less newsworthy, with 1 news articles published about sBTC.
On Twitter, people are mostly bullish about sBTC. There were 65.71% of tweets with bullish sentiment compared to 11.43% of tweets with a bearish sentiment about sBTC. 34.29% of tweets were neutral about sBTC. These sentiments are based on 39 tweets.
On Reddit, sBTC was mentioned in 2 Reddit posts and there were 5 comments about sBTC. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
