loopedBTC Liquid Staking

Upon depositing wBTC or cbBTC, you’ll receive LcBTC - a receipt token that represents your BTC including any yield generated from the automated strategy…. Learn more.

You can mint LcBTC with wBTC or cbBTC on Ethereum mainnet with no fees. Otherwise, you can zap in from any asset (slippage applies).

LcBTC’s lending strategy maintains a conservative 50% target LTV and is calibrated to withstand 40–50% BTC drawdowns within minutes. The strategy benefits from real-time margin checks, automated deleveraging and cross-venue top-ups to respond swiftly to volatile market conditions.

LcBTC utilizes UltraYield Vault infrastructure. UltraYield Vaults use the ERC-4626 standard and are audited multiple times by Chain Security and Omniscia. View all audits.

You can withdraw from LcBTC at any time. Withdrawals typically take between 3-5 days to process.

To view LcBTC in your wallet, you need to add the token contract address after depositing. Open your wallet (e.g., MetaMask), navigate to the "Import Tokens" or "Add Custom Token" section, and enter the LcBTC contract address: 0xaa3cb36be406e6cf208d218fd214e0f1a71e957d. After confirming the addition, your balance will be visible in your wallet.