
iBTC Network iBTC
Overview
Status
Mainnet
Type
Reserve
BTC Supply
₿0
iBTC is a BTC wrapped asset. It is under review.
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.
Assessment
Asset Custody
Institutions lock their funds into a 2-2 multisig with iBTC's attestor network
BTC backing iBTC is secured by numerous 2-2 multisigs between institutions and iBTC's attestor network. iBTC network's attestor network has a 2/3s majority signing threshold and uses FROST to produce valid signatures to co-sign movement of funds related to iBTC BTC multisigs.
Users who acquire iBTC in onchains market trust that their tokens will remain backed by institutions supplying liquidity.
Users who acquire iBTC in onchains market trust that their tokens will remain backed by institutions supplying liquidity.
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.