- #1755
BoringDAO BTCÂ OBTC
OBTC Price
Market CapÂ
$2.58Â MRank #1755FDVÂ
$2.58Â MRank #1928Detailed Performance
OBTC shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
OBTC to USD Converter
Price History
- All-Time High
- $69,530.001.13x to ATH
- All-Time Low
- $14,953.834.11x to ATL
- Trade Launch Date
- 31 Dec, 2020
1220 days ago
Exchanges
Exchanges type
About OBTC
BoringDAO BTC, also known as bBTC, is a project by BoringDAO that aims to make Bitcoin (BTC) compatible with the decentralized finance (DeFi) ecosystem. It allows users to convert their BTC into an ERC-20 token called bBTC, which can then be used in various DeFi applications and platforms. This enables BTC holders to participate in lending, borrowing, and other DeFi activities using their Bitcoin holdings. BoringDAO BTC provides a bridge between the Bitcoin blockchain and the Ethereum blockchain, allowing for greater interoperability between the two ecosystems.
What makes BoringDAO BTC unique?
BoringDAO BTC, also known as oBTC, offers unique features compared to other cryptocurrencies. One of its key features is the ability to obtain various functionalities through BoringDAO. For example, if BTC wants to utilize smart contracts or enter the DeFi world, it can do so by entering Ethereum. If BTC requires high performance, it can enter Tron and EOS. If BTC desires anonymous transactions, it can enter a blockchain with Zero-Knowledge Proof.
Additionally, BoringDAO has the vision of making all blockchains, including Ethereum, EOS, and even Libra, become Layer two of Bitcoin. This means that BoringDAO BTC has the potential to integrate with various blockchains, expanding its use cases and reach.
Furthermore, BoringDAO offers incentives programs like Mint Mining and Boring Farm, which are designed to bootstrap and provide early-stage use cases for bBTC. These programs aim to grow and prosper the BoringDAO community while maintaining security.
Overall, BoringDAO BTC stands out due to its versatility, potential for integration with multiple blockchains, and unique incentives programs.
Live BoringDAO BTC Price Data
The current price of BoringDAO BTC (OBTC) is approximately $61,446.90, reflecting a increase of 7.39% in the last 24 hours. The OBTC trading volume in the last 24 hours stands at $1,508.09. BoringDAO BTC's market cap is currently $2.58Â million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of OBTC is 42.00.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand BoringDAO BTC's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on OBTC, check out our crypto insights page.
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OBTC to USD Converter
Price History
- All-Time High
- $69,530.001.13x to ATH
- All-Time Low
- $14,953.834.11x to ATL
- Trade Launch Date
- 31 Dec, 2020
1220 days ago