Proxy (PRXY)

Total Value Locked$25.49m

Chain Breakdown
Polygon	$25.46m
Ethereum	$32.59k

Include in TVL (optional)
Staking	$7.89k

USD MATIC

Information

Protocol Information

Proxy Finance (PRXY) offers a Bitcoin Yield Strategies utilizing DeFi 2.0 including (3,3) Staking, (1,1) Bonding and (2,2) Programs for other assets. The Proxy Finance network consists of BTCpx token which is a BTC Wrapper as well as the PRXY Governance Token. Staking value of Proxy includes PRXY locked in the PRXY staking contract as well as PRXY staked in the farmProxy contract to earn BTCpx rewards

Category: Bridge

Audits

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Token Information

Address:0xab3d68...21a798

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Methodology

BTC Proxy offers a unique institutional-grade wrapped Bitcoin solution that leverages Polygon technology to bring Bitcoin to DeFi 2.0 with no gas and no slippage and insured custody. BTC Proxy features (3,3) Staking and Bonding via the PRXY Governance token

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Competitors

Portal ($4b)SolvBTC ($1.52b)Free Protocol ($1.12b)Connext ($267.23m)Axelar ($233.6m)WBTC ($14.19b)Binance Bitcoin ($6.62b)JustCryptos ($3.4b)Merlins Seal ($1.4b)Ignition FBTC ($1.14b)