IBTC

interBTCIBTC

Rank #5334
Token
On 52 watchlists

interBTC Price (IBTC)

$16,370.97
0.17%

0.9954 BTC1.64%

13.57 ETH3.02%

Low:$15,905.61
High:$16,957.46
24h
IBTC  interBTC IBTC
Price:
$16,370.97
 0.17%
Market Cap
- -

Why is there no Market Cap? 

Read More

24h Volume / Market Cap
--
Fully Diluted Market Cap
$343,790,366,162
0.17%
Volume
24h
$2,187
7.80%
CEX Vol
--
DEX Vol
$2,187.45
Circulating Supply
--
Max Supply
21,000,000
Total Supply
--

interBTC to USD Chart

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IBTC to USD Converter

IBTC

interBTC

USD

United States Dollar

IBTC Price Statistics

interBTC Price Today
interBTC Price$16,370.97
Price Change24h-$28.32
0.17%
24h Low / 24h High
$15,905.61 /
$16,957.46
Trading Volume24h$2,187.46
7.80%
Volume / Market CapInfinity
Market DominanceNo Data
Market Rank#5334
interBTC Market Cap
Market CapNo Data
Fully Diluted Market Cap$343,790,366,162.09
0.17%
interBTC Price Yesterday
Yesterday's Low / High
$15,738.53 /
$16,957.46
Yesterday's Open / Close
$16,348.27 /
$16,222.03
Yesterday's Change

0.77%

Yesterday's Volume$2,292.25
interBTC Price History
7d Low / 7d High
$15,600.18 /
$21,684.13
30d Low / 30d High
$15,300.92 /
$21,684.13
90d Low / 90d High
$15,300.92 /
$21,684.13
52 Week Low / 52 Week High
$15,300.92 /
$21,684.13
All Time High
Nov 23, 2022 (6 days ago)
$21,684.13
24.50%
All Time Low
Nov 21, 2022 (8 days ago)
$15,300.92
6.99%
interBTC ROI
No Data
interBTC Supply
Circulating SupplyNo Data
Total SupplyNo Data
Max SupplyNo Data

IBTC to USD Converter

IBTC

interBTC

USD

United States Dollar

IBTC Price Live Data

The live interBTC price today is $16,370.97 USD with a 24-hour trading volume of $2,187.46 USD. We update our IBTC to USD price in real-time. interBTC is down 0.17% in the last 24 hours. The current CoinMarketCap ranking is #5334, with a live market cap of not available. The circulating supply is not available and a max. supply of 21,000,000 IBTC coins.

What Is iBTC?

iBTC is trustless Bitcoin on any blockchain - fully collateralized, interoperable, and censorship-resistant. iBTC allows everyone to invest, pay and earn on their BTC, trustless and on any blockchain.

Under the hood, iBTC is an algorithmic stablecoin-hybrid - backed 1:1 by BTC locked in a decentralized network of Vaults and secured by a multi-collateral system and cross-chain cryptography.

iBTC holders are guaranteed to redeem iBTC 1:1 for BTC, or automatically be reimbursed in collateral in case of failure.

iBTC is deployed on the Interlay parachain on Polkadot and will be available on Ethereum, Cosmos and all other major DeFi platforms via Polkadot's cross-chain bridges.

How Many iBTC Coins Are There in Circulation?

iBTC is 1:1 backed by BTC. As such, there can never be more iBTC that BTC.

Similar to MakerDAO’s DAI, exceptions are short periods (typically minutes/hours) between liquidation of Vaults (e.g. due to theft of BTC or under-collateralization) and rebalancing through Interlay’s network participants.

Who are the developers of iBTC?

iBTC is developed by the team behind the Interlay Network, led by Alexei Zamyatin and Dominik Harz. The two met in 2017 during their PhDs at Imperial College London where they were the first researchers of the cryptocurrency lab. Both have been researching Bitcoin and Ethereum since 2015/16, authoring over 30 papers with over 700 citations. Both regularly presented their work at Bitcoin and Ethereum conferences, including DevCon IV, EthCC, Building on Bitcoin, and Breaking Bitcoin.

The technology behind iBTC - the “XCLAIM framework” - was published as a paper at the top-tier, peer-reviewed IT security conference IEEE S&P. The XCLAIM paper, first released in 2018, describes the first-ever protocol to move cryptocurrencies like Bitcoin to DeFi platforms like Ethereum and Polkadot in an economically trustless and decentralized manner.

What Makes iBTC Unique?

Secured by Insurance. iBTC holders are guaranteed to redeem iBTC 1:1 for BTC, or automatically be reimbursed in collateral in case of failure. Specifically, Vaults lock collateral on the Interlay network in various digital assets in a MakerDAO-inspired multi-collateral system. If Vaults misbehave, their collateral is slashed and users reimbursed.

Radically Open. Anyone can become a Vault and help secure iBTC, anytime. This makes iBTC 100% permissionless and decentralized.

Summarizing, to trust iBTC, you only trust that Bitcoin and Polkadot (or any other blockchain that you want to use iBTC on) are secure.

IBTC to USD Converter

IBTC

interBTC

USD

United States Dollar

IBTC Price Statistics

interBTC Price Today
interBTC Price$16,370.97
Price Change24h-$28.32
0.17%
24h Low / 24h High
$15,905.61 /
$16,957.46
Trading Volume24h$2,187.46
7.80%
Volume / Market CapInfinity
Market DominanceNo Data
Market Rank#5334
interBTC Market Cap
Market CapNo Data
Fully Diluted Market Cap$343,790,366,162.09
0.17%
interBTC Price Yesterday
Yesterday's Low / High
$15,738.53 /
$16,957.46
Yesterday's Open / Close
$16,348.27 /
$16,222.03
Yesterday's Change

0.77%

Yesterday's Volume$2,292.25
interBTC Price History
7d Low / 7d High
$15,600.18 /
$21,684.13
30d Low / 30d High
$15,300.92 /
$21,684.13
90d Low / 90d High
$15,300.92 /
$21,684.13
52 Week Low / 52 Week High
$15,300.92 /
$21,684.13
All Time High
Nov 23, 2022 (6 days ago)
$21,684.13
24.50%
All Time Low
Nov 21, 2022 (8 days ago)
$15,300.92
6.99%
interBTC ROI
No Data
interBTC Supply
Circulating SupplyNo Data
Total SupplyNo Data
Max SupplyNo Data