About pSTAKE Staked Bitcoin YBTC

pSTAKE Finance makes it easy for Institutions to access BTC yields with Bitcoin Staking on Babylon through YBTC (Yield Bitcoin). pSTAKE staked Bitcoin (YBTC) represents Bitcoin staked on Babylon through pSTAKE. YBTC is an ERC-20 token native on the Ethereum chain. YBTC is minted when BTC is deposited and burned after BTC is unstaked. YBTC is interoperable to EVM-comptaible chains, Ethereum L2s, and Bitcoin L2s through LayerZero. YBTC is yield-bearing in nature and 1:1 backed by BTC. YBTC holders receive staking rewards generated by securing chains on Babylon’s Bitcoin Staking protocol. Additionally, YBTC can be used in the BTCfi Ecosystem to generate yields from DeFi protocols focused on Restaking, Yield Farming, and more.

pSTAKE Staked Bitcoin (YBTC) Price Data

pSTAKE Staked Bitcoin (YBTC) price has decreased today.

pSTAKE Staked Bitcoin price today is $0 with a 24-hours trading volume up by 0.00%. YBTC price is down in the last 24 hours. It has a circulating supply is 300 YBTC coins and a total supply of 300.