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The current real-time price of BTCPX is $4,255.99. In the past 24 hours, BTCPX has traded between $4,253.26 and $4,257.24, showing strong market activity. The all-time high of BTCPX is $111.530K, and the all-time low is $2,237.63.
From a short-term perspective, the price change of BTCPX over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is -0.02%. These figures provide a quick overview of the latest price trends and market dynamics of BTCPX on LBank.+4.84%
The live price of BTCPX today is $4,255.99, with a current market cap of $1.113M. The 24-hour trading volume is 10.34. The price of BTCPX to USD is updated in real time.
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Before deciding whether to buy or sell BTCPX, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s BTCPX technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for BTCPX.
How much will BTCPX be worth tomorrow, next week, or next month in ? What about your BTCPX assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! BTCPX Price Prediction
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
polygon-pos | 0x90b8...467a2f  | 129 | 49.32% |
polygon-pos | 0x6a93...745b55 | 107 | 40.91% |
polygon-pos | 0xf76f...fdf8e0 | 7 | 2.68% |
polygon-pos | 0xffc3...b2b974 | 7 | 2.68% |
polygon-pos | 0x3cd7...478d5c | 5 | 1.91% |
Other | 6.573088 | 2.51% |
BTCPX is a 1:1 Bitcoin-backed token (ERC20/MRC20) that represents native Bitcoin held in insured custody. It acts as a Layer 2 protocol designed to bridge Bitcoin with smart contract platforms such as Ethereum, Polygon, and BNB Chain. This allows users to utilize the value of their Bitcoin within the Decentralized Finance (DeFi) ecosystem for activities like lending and liquidity provision without needing to sell their original BTC holdings.
Unlike some wrapped Bitcoin assets that may face centralization concerns, BTC Proxy focuses on security through the use of insured, multi-institutional custodians like Hex Trust. It employs a decentralized "Proxy Relay" to oversee the minting and redemption process. This structure ensures that the Bitcoin backing is transparently managed and protected by institutional-grade insurance, providing a more robust security framework for users transitioning Bitcoin to other networks.
BTCPX and PRXY serve distinct roles within the ecosystem. BTCPX is the utility asset pegged 1:1 to Bitcoin, used primarily for liquidity and DeFi applications. PRXY is the governance token of the protocol. PRXY holders can participate in DAO voting, stake their tokens to earn protocol fees, and engage in the platform's supply expansion mechanisms. While BTCPX represents the value of Bitcoin, PRXY governs the protocol's development and rewards.
Users can generate yield through programs like "Alpha BTC" or "Proxy Finance." By staking PRXY tokens, participants earn rewards in BTCPX, which are generated from protocol fees, effectively creating a Bitcoin-based income stream. Additionally, the protocol utilizes a rebase staking mechanism for PRXY, where users receive staked PRXY (sPRXY) to participate in the supply expansion and incentive structures of the DAO.
Security is a core focus, with native Bitcoin held by insured custody providers like Hex Trust and Blockchain.com. These custodial arrangements are backed by insurance policies to mitigate risks of loss. Furthermore, the protocol's smart contracts are audited by reputable firms such as PeckShield or CertiK to ensure the integrity of the bridge. The system is designed to be decentralized, moving away from single-point-of-failure risks associated with traditional custodial models.
The project features "NFT Keys," which serve as exclusive access tokens for specific reward vaults. These NFTs allow holders to participate in specialized staking pools that may not be available to the general public. For those looking to acquire or trade the token, BTCPX liquidity can be found on major platforms such as LBank and QuickSwap, providing users with accessible entry points into the BTC Proxy ecosystem.
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