Supported Chains
iBTC’s Multi-Chain Powerhouse
iBTC transcends a single blockchain, bringing secure Bitcoin liquidity to a growing ecosystem of chains. By leveraging its bridgeless, Layer 1 design, iBTC ensures fast, cost-effective transactions across Ethereum, Layer 2s, and beyond. Explore the networks powering iBTC’s growth ambition and future expansions.
Ethereum
Role: Primary chain for iBTC minting and DeFi integration.
Technical Detail: iBTC operates as an ERC20 token, managed by the AttestorManager smart contract, with Chainlink PoR verifying reserves (e.g., Arbitrum feed).
Use Case: Staking on Symbiotic, lending on Aave, liquidity on Curve.
Performance: Gas costs vary; Arbitrum recommended for efficiency.
Arbitrum
Role: Layer 2 scaling solution for cost-effective iBTC transactions.
Technical Detail: Uses Optimistic Rollups, with iBTC integrated via cross-chain messaging, backed by PoR (feed).
Use Case: High-frequency trading and liquidity provision (e.g., dYdX futures).
Performance: 10x lower gas fees than Ethereum mainnet.
Optimism
Role: Another Layer 2 for scalable iBTC deployment.
Technical Detail: Optimistic Rollups ensure fast finality, with iBTC minting validated by Attestor Network.
Use Case: Lending on Morpho, staking on Mellow vaults.
Performance: Comparable to Arbitrum, with growing DeFi adoption.
Base
Role: Coinbase-backed Layer 2 for iBTC expansion.
Technical Detail: Uses Optimistic Rollups, with PoR feed (Base feed) ensuring reserve integrity.
Use Case: Institutional liquidity pools, trading with Cumberland.
Performance: Low-cost, high-throughput, ideal for retail users.
XRPL (Ripple)
Role: Unique cross-chain support, the only wrapped BTC here.
Technical Detail: iBTC integrates via XRPL’s sidechain bridge alternative, secured by multisig vaults and attestors.
Use Case: Cross-border DeFi and institutional trading.
Performance: Fast settlement (3-5 seconds), attracting global LPs.
Future Expansions
StarkNet: Planned integration for ZK-rollup efficiency and yield incentives.
Canton: Privacy-enabled CeDeFi hub for institutional flows.
+ more
Why Multi-Chain Matters
iBTC’s presence across diverse chains eliminates bridge risks (e.g., Wormhole’s $326M hack, DOC6 PAGE2), offering flexibility and adoption with partners like Bullish and DRW (data room). Stay tuned for more!
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