
XLink aBTC
Overview
Status
Mainnet
Type
Reserve
BTC Supply
₿0
XLink aBTC is a BTC-backed reserve asset that can be used across a number of blockchain environments.
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
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
There is limited information available on Xlink aBTC's custody mechanism
There is limited information available on Xlink aBTC's custody mechanism for BTC backing aBTC. Users trust Alex, the project behind Xlink, to set up secure custody practices. Xlink's website mentions that institutional grade MPC solutions are used.
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.