sBTC (SBTC) Price

sBTC is a Bitcoin-backed asset on the Stacks blockchain that maintains a 1:1 peg with Bitcoin. It allows users to lock BTC from the Bitcoin mainnet (L1) into the Stacks Layer 2 network, enabling its use in DeFi protocols, lending platforms, and automated market makers (AMMs). As of 2026-05-08, SBTC is priced at $80,036.5 with a 24-hour trading volume of $104.33. It has a circulating supply of 4.40K SBTC and a total supply of 4.40K SBTC. The current market cap stands at $352.48M. sBTC expands Bitcoin's utility beyond just a store of value. It enables BTC to be used for lending, yield generation, and trust-minimized trading on the Stacks network while maintaining Bitcoin's security. Users can access DeFi and smart contracts on Stacks using SBTC, bridging Bitcoin with more advanced blockchain functionalities. The project aims to increase Bitcoin's versatility without modifying its base layer, potentially driving adoption and value for both Bitcoin and the Stacks ecosystem in the coming years.

sBTC was created on December 15, 2017 as a hard fork of Bitcoin. It aimed to address some limitations of the original Bitcoin network by introducing new features such as smart contracts and larger block sizes. The project launched with the goal of enhancing Bitcoin's functionality while maintaining its core principles of decentralization and security. Since its creation, SBTC has evolved to become part of the broader ecosystem of Bitcoin-based cryptocurrencies and Layer 2 solutions.

The founders of sBTC are Muneeb Ali and Max Goodchild. They created SBTC as part of the Stacks blockchain project, which aims to bring smart contracts and decentralized applications to the Bitcoin ecosystem. Muneeb Ali serves as the CEO of Trust Machines, a company building applications on Bitcoin and its associated networks. The sBTC project was developed to allow users to utilize Bitcoin in decentralized finance (DeFi) protocols while maintaining Bitcoin's security. As of 2026-05-08, SBTC is ranked 147 with a price of $80,036.5 and a 24-hour trading volume of $104.33.

sBTC operates as a synthetic asset representing Bitcoin on the Stacks blockchain. Users can convert their BTC into SBTC through a peg-in process, locking BTC on the Bitcoin mainnet and minting an equivalent amount of SBTC on Stacks. This allows users to utilize Bitcoin's value within Stacks' ecosystem, enabling participation in DeFi protocols, lending platforms, and automated market makers while maintaining Bitcoin's security. SBTC uses a 1:1 backing ratio, ensuring each SBTC token is fully collateralized by BTC. The Stacks network employs Proof of Transfer (PoX) consensus to settle transactions on Bitcoin without modifying its base layer. Through SBTC, users can access smart contracts and DeFi applications on Stacks while leveraging Bitcoin's security and network effects. This expands Bitcoin's utility beyond a store of value, enabling lending, yield generation, and trust-minimized trading. As of 2026-05-08, SBTC is trading at $80,036.5 with a 24-hour trading volume of $104.33.

sBTC is built on a two-layer architecture that integrates with the Bitcoin network: 1. Layer 1 (L1): The Bitcoin mainnet serves as the secure base layer, providing the underlying security and immutability. 2. Layer 2 (L2): The Stacks blockchain acts as a scalable second layer on top of Bitcoin. It enables smart contracts and decentralized applications while inheriting Bitcoin's security. Key technical components: - Proof of Transfer (PoX) consensus mechanism: Settles Stacks transactions on Bitcoin without modifying Bitcoin's base layer. - Clarity smart contracts: Allow dApps to interact natively with Bitcoin. - 1:1 Bitcoin backing: Each SBTC token is backed by 1 BTC locked on the Bitcoin network. - Cross-chain bridges: Enable users to move BTC between Bitcoin L1 and Stacks L2 in a decentralized manner. This architecture allows sBTC to expand Bitcoin's utility beyond just a store of value, enabling DeFi, lending, yield generation, and other applications while maintaining Bitcoin's robust security model.

The future and roadmap of sBTC looks promising. Key developments include: 1. Enhanced utility: sBTC aims to expand its use cases in DeFi protocols, lending platforms, and AMMs on the Stacks Layer 2 network. 2. Increased adoption: The project is focusing on attracting more users to leverage SBTC for Bitcoin-based smart contracts and DeFi applications. 3. Technological advancements: Ongoing improvements to the Stacks network and Clarity smart contracts are expected to boost sBTC's functionality. 4. Ecosystem growth: Plans to foster a vibrant developer community and expand the range of dApps built on Stacks using SBTC. 5. Market expansion: Efforts to list SBTC on more exchanges and increase liquidity. 6. Partnerships: Collaborations with other blockchain projects to enhance interoperability. By 2027, sBTC is projected to reach $83,237.9. Long-term price predictions suggest $146,066.3 by 2031 and -- by 2036, driven by increased adoption and utility within the Bitcoin ecosystem.

sBTC is rising due to increased demand and positive market sentiment. Its integration with Bitcoin's ecosystem and DeFi capabilities are attracting more users. The current price of $80,036.5 reflects growing adoption, with predictions suggesting further upside potential to $83,237.9 by 2027.

sBTC is dropping due to market volatility and shifting investor sentiment. The current price of $80,036.5 reflects a -1.18% decrease in the last 24 hours. Market trends and external economic factors are influencing SBTC's performance.

sBTC is predicted to reach a maximum price of $$83,237.9 by 2027. The current price is $80,036.5, with a market cap of $352.48M. As with all cryptocurrencies, price predictions are speculative.

sBTC is expected to rise to $83,237.9 by 2027. This forecast assumes a significant increase from the current price of $80,036.5. Market trends and adoption of SBTC technology support this bullish prediction.

The current price of sBTC (SBTC) is $80,036.5. As the #147 cryptocurrency by market cap, SBTC has seen a -1.18% change in the last 24 hours with a trading volume of $104.33.

The highest price sBTC has ever reached is $947,972.8. This all-time high was recorded on December 27, 2017.

The lowest price sBTC has ever reached is $48,968.1. This all-time low occurred on September 5, 2020.

Currently, 1 SBTC is worth $80,036.5.

sBTC is valuable as it enables users to leverage Bitcoin's price movements without direct ownership. It provides synthetic exposure to Bitcoin's market, with its value closely tied to Bitcoin's price of $80,036.5.

The current circulating supply of sBTC is 4.40K SBTC. The total supply is 4.40K SBTC, with a maximum supply cap of ∞.

Mining sBTC is currently not highly profitable due to market conditions. Profitability depends on factors like mining hardware efficiency, electricity costs, and SBTC's price of $80,036.5. The current mining difficulty and relatively low price of SBTC make it challenging to generate significant profits from mining at this time.

The sBTC cryptocurrency was launched on December 16, 2024. This launch date marked the introduction of SBTC, allowing users to deposit BTC and mint SBTC tokens.

Currently, one SBTC costs $80,036.5.

You can buy sBTC through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy SBTC at $80,036.5.

To purchase SBTC, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to SBTC trading pair, enter purchase amount, and confirm your transaction. Store your SBTC in a secure wallet for safekeeping.

sBTC is a legitimate cryptocurrency that enables Bitcoin usage on the Stacks network. It's widely integrated in DeFi protocols and backed by Bitcoin's security, making it a safe and established option for users seeking expanded utility of their BTC holdings.