• Coins 16 991
  • Exchanges 1 283
  • Market Capitalization $3 066 475 052 166
  • 24h Trading Volume $82 470 552 915
  • Dominance BTC 61.32% ETH 7.07%

interBTC (ibtc) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
IBTC
interBTC logo interBTC IBTC
$ 93 079.54 + 1.94% 0 0 AI Insight

interBTC (ibtc)

interBTC is a 1:1 Bitcoin backed asset that can be used to invest, earn and pay with BTC across the DeFi ecosystem on Polkadot, Ethereum, Cosmos and many more. What makes interBTC unique is the strict dedication to being trustless and decentralized: 1) Secured by Insurance. Vaults lock collateral on the interBTC parachain in various digital assets - in a MakerDAO-inspired multi-collateral system. If Vaults misbehave, their collateral is slashed and users reimbursed. As a user, you only trust that Bitcoin and the DeFi platform you use are secure. 2) Radically Open. Anyone can become a Vault and help secure interBTC, anytime. Yes, you can run your own Vault!