SBTC

Overview

SBTC market snapshot: Price $86,072.00, market capitalization $214.03M, and reported 24-hour volume $1.66M. Inclusive source market cap rank #267 · market dominance 0.01%.

Trading activity: Reported 24-hour volume equals 0.77% of market capitalization. The local markets snapshot lists Bitflow and MEXC among venues with observed trading activity.

YearBull indicators: YearBull Rank #4,039. Bull Score 57/100. YB Market Risk Low. This relative market-volatility label is not an investment-safety assessment. Cycle Early. Observed price change: 24h 0.48% · 7d 2.74% · 30d 12.50%.

Values are descriptive and should be read together rather than as a price forecast. Read the YearBull methodology. Snapshot date: 2026-10-06. Data history: 24 daily observations available in the latest 90-day window.

Methodology responsibility: YearBull’s analytical methodology and presentation rules are developed and maintained by Alan Zelvin, Founder & Lead Crypto Researcher. This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.

What is sBTC (SBTC)?

YearBull Project Summary: sBTC is best read through its confirmed project identity, source-supported mechanics and the applicable network or contract setting, while open risks remain distinct from confirmed facts.

Source description

“sBTC allows users to peg-in BTC from Bitcoin L1 to Stacks L2, where it can be used in DeFi protocols, lending platforms, or AMMs (Automated Market Makers). Stacks is a Bitcoin Layer 2 (L2) that brings smart contracts, DeFi, and scalable applications to Bitcoin while inheriting its security. It uses Proof of Transfer (PoX) to settle transactions on Bitcoin without modifying its base layer. Stacks enables Clarity smart contracts, allowing decentralized applications (dApps) to interact with Bitcoin natively. With sBTC, a decentralized, 1:1 Bitcoin-backed asset, users can move BTC into Stacks to access DeFi and smart contracts while maintaining Bitcoin’s security. Stacks expands Bitcoin’s utility beyond a store of value, enabling it to be used for lending, yield generation, and trading in a trust-minimized way.”

This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.

sBTC (SBTC) project facts

  • Source tags: Liquid Staking Tokens, Stacks Ecosystem, Liquid Staking, Liquid Staked BTC
  • Recorded networks: Stacks

Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.

sBTC (SBTC) FAQ

How does sBTC move Bitcoin into the Stacks ecosystem?

The project describes sBTC as enabling a peg-in process that moves BTC from Bitcoin Layer 1 to Stacks Layer 2. In Stacks, the asset is presented as a decentralized, 1:1 Bitcoin-backed representation intended to let users access smart contracts and decentralized applications without modifying Bitcoin’s base layer.

What can users do with sBTC on Stacks?

According to the project, sBTC can be used across Stacks-based decentralized finance applications, including lending platforms and automated market makers. This positions BTC for activities such as lending, trading, and potential yield generation within smart-contract-enabled applications rather than limiting it to a store-of-value role.

How does Stacks support applications that use sBTC?

Stacks is described as a Bitcoin Layer 2 that brings smart contracts and decentralized applications to Bitcoin while settling transactions on Bitcoin through Proof of Transfer. Its Clarity smart contracts are presented as enabling applications to interact with Bitcoin natively, providing the execution environment in which sBTC-based functions can operate.

What does the 1:1 Bitcoin backing claim mean for sBTC?

The project presents sBTC as backed by Bitcoin on a one-to-one basis. In practical terms, this describes an intended relationship in which each sBTC corresponds to one BTC held through the peg-in structure, allowing BTC holders to represent their asset on Stacks while accessing the network’s decentralized finance and smart-contract applications.

sBTC metric comparison

This comparison is a stored snapshot generated 2026-10-05 06:30 UTC from 58 daily observations available from 2025-12-20 through 2026-10-05. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.

MetricSnapshot30d before90d beforeChange vs 30dUniverse percentile
Price$86,391$76,506$76,506+12.9%n/a
Market cap$214.68M$347.54M$347.54M-38.2%P97.7
YearBull Rank#3,510#2,678#2,678Lower by 832P60.6
Bull Score56/10038/10038/100+18.0 ptsP62.1
Turnover1.91%0.08%0.08%+1.8 ptsP65.7
YB Market RiskLowLowLowUnchangedn/a
CycleEarlyEarlyEarlyUnchangedn/a

Median absolute daily movement 1.76%; distance from the highest local daily price -15.2%; circulating supply change -45.0%. These measurements are descriptive and do not predict future direction.

Editorial research. Identity, project facts, sources, and risks below belong to the dated editorial review. The live analytical snapshot above may be newer and is generated separately from stored market data.

sBTC: Bitcoin-to-Stacks peg design and Programmable Bitcoin use

sBTC is best read through its confirmed project identity, source-supported mechanics and the applicable network or contract setting, while open risks remain distinct from confirmed facts.

sBTC identity

Stacks describes sBTC as a SIP-010 token representing Bitcoin at a stated one-to-one peg. In the sBTC source record, sBTC identity gives that statement its proper context. This cited document, sBTC, ties sBTC to the cited project setting. This support does not make the SIP-010 token into a projection of trading performance. This evidence limit is relevant because A pegged Bitcoin system carries protocol, signer and withdrawal-path risks.

Stacks documents sBTC use in Stacks smart contracts and DeFi applications. This second sBTC fact belongs under Bitcoin-to-Stacks peg design, not under assumptions about price or adoption. sBTC and sBTC reference supports the stated relationship for SBTC. A reader can use it to distinguish Stacks Bitcoin peg from a matching ticker or an unsupported function claim. The separation stays relevant while Users should verify current deposit and withdrawal requirements before use.

Bitcoin-to-Stacks peg design

The sBTC reference provides functions for deposit and withdrawal interactions across Bitcoin and Stacks. For sBTC, this evidence develops the Deposits and withdrawals section of this analysis. The corroborating page from sBTC reference backs the statement within the research boundary. The evidence does not cover all live settings or access routes. Anyone applying the sBTC feature must still validate the right network, interface, and active implementation, particularly because A pegged Bitcoin system carries protocol, signer and withdrawal-path risks.

The first and third verified facts connect sBTC identity with SIP-010 token. Their shared evidence boundary is practical: sBTC and sBTC reference describe that relationship, while the sBTC user must check changing operational details independently. Together the sources still do not promise execution free from delay, cost, or loss.

Deposits and withdrawals

The design paper describes BTC locking on Bitcoin and corresponding sBTC issuance on Stacks. Within the sBTC source record, that point anchors Programmable Bitcoin use. The relevant support comes from sBTC two-way peg design, so the claim should preserve its documented limit. For SBTC, the fact explains Stacks Bitcoin peg without confirming access for everyone or a fixed economic effect. The distinction is important because Users should verify current deposit and withdrawal requirements before use.

Read together, the second and fourth verified facts distinguish the role attributed to SBTC from the wider sBTC system. The evidence in sBTC and sBTC reference and sBTC two-way peg design supports the stated relationships. It does not show that possession automatically grants every right, removes eligibility rules, avoids queues, or freezes protocol settings. The operative consequence depends on the live sBTC implementation.

Programmable Bitcoin use

sBTC is distinct from native BTC held directly on the Bitcoin chain. This gives sBTC the source record’s clearest source-backed reference. The record at sBTC and sBTC two-way peg design gives better verification than the SBTC symbol on its own. For sBTC, the checkpoint may be a contract, mint, repository, chain identifier, product page, or another explicit identity reference. It remains time-sensitive where A pegged Bitcoin system carries protocol, signer and withdrawal-path risks.

For sBTC, the operating claim and verification anchor form one check. sBTC reference describes the former, while sBTC and sBTC two-way peg design supports the latter. A correct project name attached to the wrong deployment can still mislead. The latest first-party material should validate Deposit-address construction before a user depends on that mechanism.

Risks and unknowns for sBTC

A pegged Bitcoin system carries protocol, signer and withdrawal-path risks. Users should verify current deposit and withdrawal requirements before use. Those source record boundaries apply directly to Deposit-address construction. The sBTC design may operate as documented while an individual user still encounters technical, operational, legal, liquidity, custody, or market loss.

The defensible description of sBTC is evidence-led and conditional. Five verified sBTC facts connect identity, selected mechanics, risks, and verification. For SBTC, time-sensitive addresses, parameters, legal terms, integrations, custody routes, and interfaces require renewed official confirmation. The source record supports neither a market forecast nor protection against technical or financial loss.

Key takeaways

  • Stacks describes sBTC as a SIP-010 token representing Bitcoin at a stated one-to-one peg.
  • Stacks documents sBTC use in Stacks smart contracts and DeFi applications.
  • The sBTC reference provides functions for deposit and withdrawal interactions across Bitcoin and Stacks.
  • The design paper describes BTC locking on Bitcoin and corresponding sBTC issuance on Stacks.
  • sBTC is distinct from native BTC held directly on the Bitcoin chain.

YearBull Rank timeline

Latest available YearBull Rank for sbtc-2: #4039.

Rank timeline (last 365 days)

Rank change (reference points).

Reading rule: rank #120 sits higher than rank #200.

  • 7d window (2026-09-29): #6615 → #4039 (up by 2576).
  • 30d window (2026-09-13): #8702 → #4039 (up by 4663).

Regime context: If the line stair-steps, the cycle may be driven by discrete inputs. cycle pressure can surface as slow bleed in rank.

Flow context: If the line improves during quiet periods, it can be accumulation. rank can move when liquidity redistributes across the cohort.

Trading footprint: If rank deteriorates while the curve stays smooth, it can be cohort strength shifting. a new route can show up as a step change.

Risk posture: If it is flat for long, the coin may be tracking the cohort. range behavior tells more than a single point.

YearBull Rank is a relative ranking on YearBull designed to compare coins on a common scale and time window. It is a context signal for relative placement, not an outcome forecast.

Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy
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sBTC (SBTC) Markets

Stored venue snapshot. Markets last checked: 2026-09-08. Next refresh window: around 2026-10-08. Venue listings and volumes are stored snapshots, not live quotes.
Exchange Top Pair Stored 24h volume (snapshot) Trust Rank
Bitflow STX/SBTC $411.32K #377
MEXC SBTC/USDT $24.21K #8

Listings are ordered by reported snapshot volume. Trust Rank is an external venue-quality indicator; it is not an endorsement or a solvency guarantee.