Rank #13951
ibtc Indigo Protocol iBTC
$ 112,307
1.6368 BTC
163,68 MLN. satoshies
Market Cap
-
24 Hour Trading Vol
6,264.2697 $
Circulating Supply
-
Total Supply
-
Max Supply
-
Fully Diluted Valuation
-
Low
Range
High
Info
1h
24h
7d
1m
1y
max
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Indigo Protocol iBTC Price Statistics
112,307 $
102,408 $ / 137,002.9858 $
6,264.2697 $
#13951
137,002.9858 $
-18.02%
10 August, 2025, (9 days ago)
19,080.05 $
488.6%
10 June, 2023, (2 years ago)
Indigo Protocol iBTC Top Markets
#
Exchange
Pair
Price
24h Volume
Volume
Trust Score
Indigo Protocol iBTC Performance
Trading Pair
day
week
month
ibtc
/
usd
-6.07%
-1.82%
-1.82%
ibtc
/
btc
-6.07%
-1.82%
-1.82%
ibtc
/
eth
-6.07%
-1.82%
-1.82%
About Coin
iBTC is synthetic Bitcoin released in November of 2022 as part of Indigo Protocol v1. The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem. Users can purchase iBTC from a DEX just like any Cardano native asset, or can mint iBTC within the Indigo Protocol by depositing ADA as collateral.
When users mint iBTC within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user's ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iBTC position above the MCR. If a user’s collateral becomes worth less than the MCR of their iBTC debt, the Indigo Stability Pool providers will allow the user to keep their iBTC but will exchange Stability Pool iBTC for the user’s higher value ADA collateral. Thereby ensuring that iBTC remains overcollateralized and that the Indigo Protocol remains solvent via its efficient liquidation process.
Unique to Indigo, users still receive their ADA staking rewards from stake pool delegation while ADA is being used as collateral in a CDP. This CDP Liquid Staking feature presents a unique use case for iBTC in trading strategies.
The Indigo DAO controls the iBTC parameters and can therefore vote to raise or lower the Minimum Collateralization Ratio for iBTC and all Indigo iAssets.
Where is Indigo Protocol iBTC available for purchase?
You can exchange IBTC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Indigo Protocol iBTC is Minswap, notably the IBTC/ADA pair, which saw a trading volume of $ 10,083.51 in the past day. Additionally, WingRiders is popular alternative for trading tokens.
What is the highest value Indigo Protocol iBTC (IBTC) has ever reached?
Indigo Protocol iBTC (IBTC) reached its peak price at 137,002.9858 $ on 10 August 2025, approximately 9 days ago ago. Presently, the current price is -18.02% lower than this all-time high.
What is the historical minimum price for Indigo Protocol iBTC (IBTC)?
The minimum price reached for Indigo Protocol iBTC (IBTC) was 19,080.05 $, documented on 10 June 2023, more than 2 years ago. In comparison, the current price is 488.6%, it above this historical low.
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