Earn yield on your BTC via an automated collaterized lending strategy.
loopedBTC (LcBTC) is a cross-chain Bitcoin yield strategy enabling BTC holders to earn ~5% base APY, plus incentives, while maintaining full Bitcoin exposure through conservative collateralized lending across Ethereum and HyperEVM ecosystems.
What is LcBTC?
LcBTC is issued as a receipt token when a user deposits into the loopedBTC protocol. LcBTC represents a user's collateralized BTC, plus any BTC yield accrued from the underlying yield strategy.