Product Mechanics

How LcBTC works

How the Strategy Works

1. Deposit BTC / wrappers (cbBTC, wBTC - soon BTC, uBTC)

2. BTC serves as collateral on Aave, Morpho → Borrow stablecoins at max 50% LTV

3. Stablecoins deployed across HyperLend, HypurrFi, Felix (12%+ APY)

4. Additional yield source from Hyperliquid HLP (17% avg. APY)

5. Automated cross-chain arbitrage engine captures 8–15% rate premiums across lending markets

6. All returns converted back → Paid in BTC