Rings is the meta-stable protocol of Sonic chain. It serves as the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Users can bridge ETH and stablecoins from Mainnet to Sonic, mint scETH and scUSD and scBTC, stake them for stkETH and stkUSD and stkBTC to generate yield, or lock them for veETH and veUSD and veBTC to access governance power.
Where is Rings scBTC available for purchase?
You can exchange SCBTC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Rings scBTC is SwapX Algebra, notably the SCBTC/WS pair, which saw a trading volume of $ 63,637 in the past day. Additionally, Shadow Exchange and Beets (Sonic) are popular alternatives for trading tokens.
What is the highest value Rings scBTC (SCBTC) has ever reached?
Rings scBTC (SCBTC) reached its peak price at 123,480 $ on 14 August 2025, approximately 6 days ago ago. Presently, the current price is -7.36% lower than this all-time high.
What is the historical minimum price for Rings scBTC (SCBTC)?
The minimum price reached for Rings scBTC (SCBTC) was 74,083 $, documented on 07 April 2025, more than 4 months ago. In comparison, the current price is 54.4%, it above this historical low.
What is the fully diluted valuation of Rings scBTC (SCBTC)?
The fully diluted valuation (FDV) of Rings scBTC (SCBTC) stands at $ 29,91 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of SCBTC tokens. The realization of this FDV might take several years depending on the emission schedule of SCBTC tokens.