About Function
Function is building the financial infrastructure that makes Bitcoin productive, unlocking yield, liquidity, and capital efficiency for holders across DeFi and traditional finance. FBTC turns Bitcoin into an asset that works. FBTC represents the first omnichain Bitcoin yield asset, enabling BTC holders to participate in structured, risk-managed and programmatic yield strategies. FBTC is fully backed on a 1:1 basis with BTC, Bitcoin Reserve Address List is public and can be verified at any time. FBTC combines the security of Bitcoin reserves with the flexibility of smart contracts, creating a secure and efficient bridge between the Bitcoin network and modern DeFi protocols. FBTC turns idle BTC into a functional and productive asset. The primary purpose of FBTC is to bring native Bitcoin liquidity into DeFi. Enabling Bitcoin holders to access a wide range of yield generating strategies, without having to sell their BTC. This not only enhances the utility of BTC but also allows holders to earn returns on their assets, making FBTC a powerful tool for maximizing the potential of Bitcoin in the DeFi ecosystem
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Market Stats
Market Cap
$980.76M
0.29%
FDV
$980.76M
Circ. Supply
11K FBTC
Max Supply
Not enough data
Total Supply
11K FBTC
Diluted Valuation
$977.72M
Performance
Popularity
Not enough data
Dominance
0.03%
Volume (24H)
$178.37K
42%
Volume (7D)
$1.33M
Volume (30D)
$5.85M
All time high
$130.03K
Price Change (1Y)
Not enough data
14.55%
Additional details
Market details
FBTC vs markets
↗ 0.65%
FBTC vs BTC
↘ 1.23%
FBTC vs ETH
↘ 5.01%
Tags
defi
interoperability
rehypothecated-crypto
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xC96dE26018A54D51c097160568752c4E3BD6C364 | |
BNB Smart Chain | 0xC96dE26018A54D51c097160568752c4E3BD6C364 | |
Arbitrum | 0xC96dE26018A54D51c097160568752c4E3BD6C364 |
Price history
Time | Price | Change |
|---|---|---|
Today | $89,480.53 | |
1 Day | $88,755.33 | |
1 Week | $96,389.17 | |
1 Month | $89,542.90 | |
1 Year | $104,748.05 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Function calculator
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.