The current real-time price of FBTC is $87,770. In the past 24 hours, FBTC has traded between $87,518 and $91,070, showing strong market activity. The all-time high of FBTC is $127.954K, and the all-time low is $11,469.83.
From a short-term perspective, the price change of FBTC over the past 1 hour is , over the past 24 hours is +0.89%, and over the past 7 days is -1.41%. These figures provide a quick overview of the latest price trends and market dynamics of FBTC on LBank.+2.38%
The live price of FBTC today is $87,770, with a current market cap of $966.120M. The 24-hour trading volume is 42K. The price of FBTC to USD is updated in real time.
Before deciding whether to buy or sell FBTC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s FBTC technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for FBTC.
How much will FBTC be worth tomorrow, next week, or next month in ? What about your FBTC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! FBTC Price Prediction
To learn more about FBTC, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xcca4...1bb7c2  | 554 | 60.17% |
ethereum | 0x8d76...3560a2 | 195 | 21.18% |
ethereum | 0x15bb...b8be1e | 151 | 16.4% |
ethereum | 0x4adf...677825 | 99 | 10.75% |
ethereum | 0x6bf3...1c3ddf | 55 | 5.97% |
Other | -133.291 | -14.48% |
Function FBTC (fbtc) is an innovative omnichain Bitcoin yield asset, designed to be fully backed 1:1 with native BTC. It empowers Bitcoin holders to engage with structured, risk-managed, and programmatic yield strategies across various blockchain ecosystems. It represents a significant step towards bringing BTC liquidity into the broader decentralized finance (DeFi) space, allowing holders to unlock new potential for their Bitcoin holdings.
FBTC addresses the challenge of idle Bitcoin by transforming it into a productive asset within the decentralized finance (DeFi) ecosystem. Traditionally, holding Bitcoin directly doesn't generate yield. FBTC allows holders to leverage their BTC to earn returns through various DeFi activities, such as lending or liquidity provision, without needing to sell their foundational asset. This unlocks new capital efficiency for Bitcoin.
FBTC offers several core features. It enables yield generation through activities like lending, staking, and providing liquidity across DeFi platforms. It boasts cross-chain interoperability, facilitating seamless transfer of Bitcoin's value across diverse blockchain networks. Furthermore, FBTC incorporates advanced security measures, including Multi-Party Computation (MPC) and Threshold Signature Schemes (TSS), to protect underlying assets and ensure decentralized control.
FBTC operates through a straightforward minting and burning mechanism. Users deposit their native Bitcoin into a secure custody solution. Once deposited, an equivalent amount of FBTC is minted on a specified target blockchain. This process allows the inherent value of Bitcoin to be utilized within other blockchain environments. A strict 1:1 peg between FBTC and BTC is continuously maintained, ensuring the asset's integrity and backing through these minting and burning operations.
FBTC opens up a wide array of utility within the decentralized finance (DeFi) landscape. It can be actively used for lending and borrowing activities on various platforms, enabling users to earn interest or access liquidity. It's also valuable for yield farming strategies, where users provide assets to earn rewards, and for participating in liquidity pools to facilitate token swaps. Moreover, its design inherently supports efficient cross-chain transfers of Bitcoin's value, expanding its reach across multiple networks.
Function FBTC is an omnichain token designed for flexible, cross-chain engagement within the crypto ecosystem, enabling yield generation through DeFi activities. In contrast, traditional Bitcoin investment products, like spot Bitcoin ETFs, offer exposure to Bitcoin through conventional brokerage accounts in regulated markets. They primarily serve as an investment vehicle for traditional investors and do not offer the direct utility or yield-earning capabilities within decentralized finance that Function FBTC provides.
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