The current real-time price of IBTC is $88,007. In the past 24 hours, IBTC has traded between $85,709 and $93,238, showing strong market activity. The all-time high of IBTC is $547.683K, and the all-time low is $13,992.39.
From a short-term perspective, the price change of IBTC over the past 1 hour is , over the past 24 hours is -0.15%, and over the past 7 days is -4.64%. These figures provide a quick overview of the latest price trends and market dynamics of IBTC on LBank.-20.89%
The live price of IBTC today is $88,007, with a current market cap of $0. The 24-hour trading volume is 2K. The price of IBTC to USD is updated in real time.
Before deciding whether to buy or sell IBTC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s IBTC 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 IBTC.
How much will IBTC be worth tomorrow, next week, or next month in ? What about your IBTC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! IBTC Price Prediction
To learn more about IBTC, consider exploring other resources such as the whitepaper, official website, and other published information:
iBTC is a trustless Bitcoin-backed asset designed to extend Bitcoin's utility across various blockchain ecosystems, including Polkadot, Ethereum, and Cosmos. It is fully collateralized, interoperable, and censorship-resistant, empowering users to invest, pay, and earn with their BTC within the multi-chain DeFi landscape.
iBTC maintains a strict 1:1 peg with BTC, ensuring there's never more iBTC than the Bitcoin held in reserve. This peg is secured by a decentralized network of vaults that lock BTC in 2-of-2 multisig vaults on Layer 1. Chainlink Proof of Reserve (PoR) continuously verifies these reserves, and attestors prevent over-minting. Misbehaving vaults face collateral slashing, with users being reimbursed to safeguard the peg.
iBTC stands out by emphasizing decentralization and economic trustlessness. Anyone can become a Vault operator without permission, ensuring the bridge's censorship resistance. Security is bolstered by requiring Vault operators to over-collateralize their positions and cryptographically prove correct redemptions. iBTC strives to be a truly decentralized and economically trustless BTC bridge, securing assets through collateral insurance.
iBTC prioritizes security through multiple layers. BTC is held in 2-of-2 multisig vaults, requiring co-signatures from vetted merchants and a decentralized Attestor Network, thus removing single points of failure. The system uses FROST for efficient transactions and Chainlink PoR for real-time reserve verification. Smart contract risks are mitigated by using PSBTs for minting, avoiding Bitcoin-side smart contracts, and regularly auditing Ethereum contracts. The locked BTC is also insured, and users are reimbursed in case of vault failure.
iBTC unlocks diverse decentralized finance opportunities for Bitcoin holders. Users can seamlessly swap, lend, and borrow against their BTC, or create leveraged positions across various blockchains. It enables active participation in DeFi activities on leading networks such as Polkadot, Ethereum, and other major Layer 1 ecosystems, bringing Bitcoin's liquidity to the multi-chain world.
Individuals can acquire iBTC by swapping BTC or stablecoins on decentralized exchanges (DEXs). Institutions and merchants have the option to "self-wrap" their BTC into iBTC through multisig vaults. Once obtained, iBTC offers flexibility for use as collateral, trading, or generating passive income across a variety of blockchain platforms.
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