Function FBTC
$671.2M +0.1%24hValue locked
- Value locked
- $671.2M
- 7 days
- −0.4%
- 30 days
- −3.9%
- Fees per day
- –7-day average
- Chains
- 1
About Function FBTC
Function is building the standard infrastructure that transforms Bitcoin into a capital-efficient, hyperliquid, and composable asset through ƒBTC (FBTC). By enabling Bitcoin to flow freely across financial markets, Function is positioning BTC as the reserve asset for both traditional and decentralized finance. ƒBTC is powered by core contributors Antalpha Prime, Mantle, and Galaxy Digital.
As of 23 Oct 2026, Function FBTC holds $671.2M in value locked on Bitcoin, which ranks it #66 among all the protocols we track. Among bridges it ranks #16 of 120 with 0.9% of the sector, between Optimism Bridge ($718.4M) and Robinhood Chain Bridge ($644.6M). Its value locked is down 0.4% over seven days and down 3.9% over 30 days.
Value locked by chain
Largest bridges
Full sector| # | Protocol | Chains | Value locked | 7d | Fees/day |
|---|---|---|---|---|---|
| 1 |  LayerZero V2 | Polygon, Ethereum +59 | $16.34B | +44.7% | $10.76K |
| 2 |  WBTC | Bitcoin | $9.49B | +0.1% | – |
| 3 |  Coinbase Bridge | Bitcoin, Ripple +3 | $8.04B | +1.5% | – |
| 4 |  Hyperliquid Bridge | Hyperliquid L1, Arbitrum | $6.73B | −0.2% | – |
| 5 |  Binance Bitcoin | Bitcoin | $5.55B | +0.1% | – |
| 6 |  Arbitrum Bridge | Ethereum | $3.36B | −4.0% | – |
| 7 |  USDT0 | Ethereum | $3.18B | +1.2% | – |
| 8 |  Base Bridge | Ethereum | $2.93B | +0.5% | – |
