The current real-time price of YBTC.B is $82,608. In the past 24 hours, YBTC.B has traded between $81,266 and $88,323, showing strong market activity. The all-time high of YBTC.B is $126.119K, and the all-time low is $55,572.
From a short-term perspective, the price change of YBTC.B over the past 1 hour is , over the past 24 hours is +0.84%, and over the past 7 days is -5.58%. These figures provide a quick overview of the latest price trends and market dynamics of YBTC.B on LBank.-7.68%
The live price of YBTC.B today is $82,608, with a current market cap of $4.239M. The 24-hour trading volume is 2.42. The price of YBTC.B to USD is updated in real time.
Before deciding whether to buy or sell YBTC.B, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s YBTC.B 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 YBTC.B.
How much will YBTC.B be worth tomorrow, next week, or next month in ? What about your YBTC.B assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! YBTC.B Price Prediction
To learn more about YBTC.B, consider exploring other resources such as the whitepaper, official website, and other published information:
yBTC.B is a yield-bearing, wrapped version of Bitcoin issued by Bitlayer. Unlike native Bitcoin, which is typically a passive asset, yBTC.B is designed to be programmable for decentralized finance. It maintains a 1:1 peg to Bitcoin but functions as a liquid standard across various networks. This allows users to retain exposure to Bitcoin while simultaneously utilizing the asset to earn rewards across different protocols without needing to sell their original holdings.
The yield for yBTC.B is primarily generated through three main mechanisms. First, it can be deposited into automated vaults that execute market-neutral strategies. Second, users can participate in liquidity provision and lending on various decentralized platforms to earn interest. Third, holders can engage with the Bitlayer ecosystem, specifically through stability pools and staking activities, where they earn protocol-specific rewards and emissions. These diverse streams allow the asset to remain productive within the Web3 ecosystem.
yBTC.B is strictly a Bitcoin-pegged asset, not a USD-pegged stablecoin. Its value is intended to track the market price of Bitcoin. Confusion often arises because yBTC.B is frequently used as collateral within DeFi protocols to mint stablecoins. While it acts as a foundation for stablecoin generation, the token itself represents Bitcoin value on-chain rather than a fixed dollar amount.
yBTC.B is a multi-chain asset supported on various networks. To move tokens between these environments, the protocol utilizes advanced interoperability solutions like Chainlink CCIP (Cross-Chain Interoperability Protocol). Users can utilize official bridging interfaces to securely transfer their yBTC.B between supported ecosystems, ensuring the asset remains liquid and usable across the broader decentralized finance landscape.
Security for yBTC.B involves the use of BitVM technology to facilitate a trustless bridging mechanism. However, as with all DeFi assets, users should be aware of potential risks. These include smart contract vulnerabilities and proxy contract risks, where protocol developers may have the ability to update contract code. Additionally, because it is often used as collateral, users should monitor their positions to avoid liquidation risks during periods of high market volatility.
Staking typically involves depositing yBTC.B into designated stability pools or yield-generating vaults. Most implementations of yBTC.B are liquid, meaning tokens can generally be traded or withdrawn at the user's discretion. However, certain governance-locked versions may require a time-based commitment in exchange for increased rewards or voting rights. The rewards are variable and depend on protocol activity and ecosystem incentives, providing a dynamic return for participants.
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