FBTC is Function's protocol tokenized version of Bitcoin designed for DeFi, allowing BTC holders to earn yield by using their assets in lending, staking, and liquidity provisioning across multiple blockchains.
FBTC is a mid-cap, fully collateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Function FBTC, a protocol rated as Average.
Function FBTC
FBTC has a fixed supply. FBTC is Function's protocol tokenized version of Bitcoin designed for DeFi, allowing BTC holders to earn yield by using their assets in lending, staking, and liquidity provisioning across multiple blockchains.