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.
Where is sBTC available for purchase?
You can exchange SBTC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading sBTC is Bitflow, notably the SBTC/SBTC pair, which saw a trading volume of $ 37,894 in the past day. Additionally, Velar (Stacks) is popular alternative for trading tokens.
What is the highest value sBTC (SBTC) has ever reached?
sBTC (SBTC) reached its peak price at 145,060 $ on 11 July 2025, approximately a month ago ago. Presently, the current price is -20.53% lower than this all-time high.
What is the historical minimum price for sBTC (SBTC)?
The minimum price reached for sBTC (SBTC) was 50,597 $, documented on 06 June 2025, more than 2 months ago. In comparison, the current price is 127.82%, it above this historical low.
What is the fully diluted valuation of sBTC (SBTC)?
The fully diluted valuation (FDV) of sBTC (SBTC) stands at $ 119,03 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of SBTC tokens. The realization of this FDV might take several years depending on the emission schedule of SBTC tokens.