What Ether.fi Staked BTC is
Ether.fi Staked BTC (EBTC) is a liquid-staking / restaking derivative token, currently ranked 168th by market capitalization among the assets we track. Rather than locking assets to stake, holders of Ether.fi Staked BTC hold a liquid claim on a staked position. That claim earns yield and can be redeployed, which is why liquid-staking tokens became DeFi collateral staples.
Ether.fi Staked BTC (EBTC) is a decentralized token that represents Bitcoin staked on the Ether.fi platform, allowing users to earn rewards while retaining the benefits of Bitcoin's value. It combines Bitcoin's liquidity with Ethereum's staking capabilities for enhanced yield generation.
How the yield and peg work
The token earns because the capital it represents is busy securing a proof-of-stake network. Redemption depends on unstaking mechanics, so liquidity can tighten exactly when markets are stressed.
Background & fundamentals
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in EBTC. In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Liquid Restaking Tokens, and Restaking.
Where Ether.fi Staked BTC sits in the market
At $59,249, Ether.fi Staked BTC carries a market capitalization of $195.70M. Around $607.92K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.31% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Ether.fi Staked BTC carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. The token is roughly -53% under its record of $125,884 — a meaningful but not catastrophic drawdown.
What the price history shows
Recent moves read 24-hour -1.27%, 7-day -4.92%.
Volatility profile
Recent action puts Ether.fi Staked BTC in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate a liquid-staking token like Ether.fi Staked BTC
For an asset of this type, three lenses matter most:
- Peg to underlying — whether EBTC trades close to the value of the stake it represents.
- Provider risk — the smart-contract and validator risk of the staking protocol behind EBTC.
- Yield and unlocks — the staking yield and how withdrawal queues behave under stress.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
