Monetrix mxBTC
mxBTC is the BTC-denominated product in the Monetrix system. It works the same way as USDM and mxHYPE, with UBTC in place of USDC or HYPE
TVL history
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TVL by chain
Key facts
- Category
- Basis Trading
- Chains
- 1
- Token
- —
- Oracles
- —
- Audits
- None listed
- Listed
- Oct 2026
Similar Basis Trading protocols
How this TVL is counted
TVL is the net collateral backing mxBTC, read on-chain from BtcAccountant.totalBackingSigned in 8-decimal UBTC units: UBTC in the BtcVault and RedeemEscrow on HyperEVM plus the Vault's HyperCore spot, supplied collateral and perpetual account equity, net of borrow liabilities. The accountant converts non-BTC equity to UBTC using HyperCore prices. smxBTC receipt tokens, the protocol-owned insurance fund, instant-exit buffers and undistributed yield in YieldEscrow are excluded. Only the current deployment is tracked; USDM and mxHYPE are separate Monetrix products.
Frequently asked questions
What is Monetrix mxBTC’s TVL?
Monetrix mxBTC has $325.56K in total value locked, -1.30% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.
Which chains is Monetrix mxBTC on?
Monetrix mxBTC runs on 1 chain; the most value sits on Hyperliquid L1 ($325.56K).
What kind of protocol is Monetrix mxBTC?
Monetrix mxBTC is listed under Basis Trading, where it ranks #31 by TVL.
Data aggregated from public third-party market sources. For informational purposes only — not investment advice.