exSat Staking BTC
Bitcoin Chain
Bridge
TVL by Chain
| Asset | Quantity |
|---|---|
| Bitcoin | $183.90M |
Protocol Information
exSat Staking BTC is an EVM-compatible wrapped Bitcoin token that represents BTC staked in the exSat Staking contract at a 1:1 ratio. It’s fully collateralized—each token is backed by one BTC locked on-chain—ensuring a perfect peg.
Methodology
TVL is based on Bitcoin addresses in the exSat Staking BTC contract, summing their associated Bitcoin balances.
Audit
A process where developers inspect the underlying code and/or algorithm that compose systems and applications, allowing them to spot potential bugs or points of failure before deployment. Audits are generally undertaken by third parties, which helps guarantee that the procedure is done in an unbiased and effective manner.