Synth sBTC

sBTC DeFi

sBTC is Synthetix's bitcoin synthetic: a token whose price tracks BTC through the protocol's oracle and debt pool, with no bitcoin held in custody behind it. It was collateralized by staked SNX rather than by BTC, so it is a derivative exposure and not a wrapped coin.

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  • 0xFeadd389a5c427952D8fdb8057D6C8ba1156cC56 ethereum
  • 0x9F2fE3500B1a7E285FDc337acacE94c480e00130 optimism