loopedBTC (coming soon)

What is loopedBTC?

loopedBTC (LcBTC) is a yield-bearing asset that automatically puts a user’s idle BTC to work across DeFi on HyperEVM.

Currently, there’s no seamless way to bridge BTC to HyperEVM. LcBTC not only solves this issue, it transforms BTC into a productive asset, letting users earn yield while retaining full ownership and upside of their BTC.

Deposited BTC is used to generate stable, multi-chain yield through HyperEVM DeFi protocols, unlocking liquidity and putting idle BTC to work.

Target APY: ~5% Performance Fee: TBD Accepted Assets: BTC, WBTC, cbBTC, uBTC

How It Works

• Deposit BTC, cbBTC, WBTC or uBTC to get LcBTC

• LcBTC value appreciates from the underlying strategy

• LcBTC will be available to LP on AMMs, used for swaps or as collateral on DeFi