Acorn aBTC logo

Acorn aBTC

Overview
Status
Deposits Live
Type
Liquid Staking
BTC Supply
₿0
Acorn aBTC is a BTC-backed reserve asset that looks to live across various EVM chains.
BTC Supply
Total supply per day
Supplycoming soon

TVL Data Coming Soon

We're currently gathering and building data infrastructure for this network. TVL analytics will be available soon.

Token Contracts

Token Contracts Coming Soon

We're working to collect the various BTC-backed token contracts for this network. Contract addresses will be available soon.

Risk Summary
Users do not have unilateral claims on native BTC.
BTC backing this asset is secured by multiple custodians. Users trust this group with maintaining the peg with BTC.
The signers for this two-way peg have not been disclosed
The parties responsible for securing the assets backing this wrapper have not been disclosed. There is little-to-no reputational risk for signers securing these funds.
Assessment
Asset Custody
Users trust operators of a multi-signature wallet with the custody of BTC backing aBTC
Users of aBTC reportedly trust a multi-signature wallet to secure the funds backing aBTC. Acorn's documentation mentions that a multi-signature wallet, supported by HSMs, is responsible for securing funds that back aBTC. Acorn has not disclosed the operators of this wallet.

Users trust Acorn's claims in their documentation are being executed in practice.

Source
Further sections to be reviewed
Aspects related to minting & burning, key management, transaction signing, and proof-of-reserves have not been reviewed. We are currently reviewing these sections.