eBTC

EBTC Price

About Echo Protocol (eBTC)

Echo Protocol is a Bitcoin liquidity aggregation and yield infrastructure layer designed to unify fragmented BTC liquidity across multiple blockchain networks.

• Consolidates various Bitcoin standards, including native BTC, liquid staking tokens (LSTs), and wrapped BTC, into a single unified asset.
• Facilitates seamless integration of Bitcoin liquidity into DeFi ecosystems on networks such as Monad, Starknet, and Aptos.
• Employs a Proof of Reserve mechanism and innovative yield solutions like leveraged liquid staking to maximize returns for BTC holders.

What Is Echo Protocol

Echo Protocol functions as a specialized infrastructure layer that bridges the gap between Bitcoin’s deep liquidity and the burgeoning DeFi landscapes of various Layer 1 and Layer 2 networks. By addressing the fragmentation of Bitcoin assets—which often exist as isolated wrapped or staked versions—Echo allows users to deposit different BTC standards into a specialized vault system. In exchange, users receive Echo Unified BTC (eBTC), a standardized liquidity token that represents their underlying Bitcoin holdings.

This unified token acts as the primary medium of value within the Echo ecosystem, enabling users to put their Bitcoin to work without needing to interact with multiple complex staking protocols. As the ecosystem scales, Echo intends to become a primary liquidity hub for Bitcoin across diverse blockchain environments, including Monad, Starknet, and Movement.

What Makes Echo Protocol Unique

• Multi-Chain Aggregation: Unlike single-chain bridges, Echo supports a wide array of networks including Monad, Starknet, Aptos, Morph, Movement, and Hemi.
• Asset Diversification: The protocol accepts a broad spectrum of Bitcoin-related assets, such as PumpBTC, LBTC, wBTC, and fBTC, consolidating them into a single usable asset.
• Integrated Yield Strategies: Echo provides native "BTCFi" products, such as Echo Strategy for optimized lending and borrowing and eMSTR for leveraged Bitcoin exposure.

What Can You Use eBTC for?

Echo Unified BTC (eBTC) is an asset-pegged token designed to maintain a 1:1 value representation of Bitcoin.

1. Value retention: eBTC allows users to maintain exposure to the value of Bitcoin in a digital, on-chain format, reducing the need to bridge back to the native Bitcoin network for value preservation.
2. Yield generation: Holders can engage in various yield-generating activities, including decentralized lending, liquidity provisioning in automated market makers, and participating in Echo's multi-chain vaults which offer strategies like leveraged staking.
3. Cross-border settlement / value transfer: The token facilitates the frictionless transfer of Bitcoin-pegged value across supported blockchain networks, enabling international remittances and global value movement within the DeFi ecosystem.
4. Collateralization: eBTC can be utilized as high-quality collateral within decentralized borrowing and lending protocols, allowing users to unlock liquidity against their Bitcoin holdings for further financial activity.

How Does Echo Protocol Work?

The technical architecture of Echo Protocol centers on the Echo Vault and the Echo Bridge Smart Contract. When a user deposits a supported Bitcoin asset, it is secured within an Echo Vault on the source network. The Echo Bridge Smart Contract then verifies the deposit and issues a corresponding amount of Echo Unified BTC on the target network. This process ensures that every eBTC in circulation is fully backed by an equivalent amount of Bitcoin-related assets.

To maintain security and transparency, the protocol utilizes a Proof of Reserve system, allowing users to verify the backing of the unified asset at any time. Transactional costs within the protocol are managed through protocol service fees rather than traditional network gas, as Echo operates as an infrastructure layer built on top of other blockchains. Note: In June 2026, the protocol reported an exploit on the Monad network involving the unauthorized minting of tokens; the team has since initiated investigations to address the incident.

Team Info and Investors

Echo Protocol is developed by a team focused on Bitcoin infrastructure; however, specific details regarding the founders or individual team members are not specified in available source materials. The project is documented as being backed by a range of investors and partners, though their specific identities are not disclosed in the provided documentation.

Where can you buy eBTC?

EBTC tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade eBTC is Uniswap V4 (Monad), where the most active trading pair EBTC/WBTC has a trading volume of $8,569.37 in the last 24 hours.

What is the daily trading volume of eBTC (EBTC)?

The trading volume of eBTC (EBTC) is $8,569.37 in the last 24 hours, representing a -6.40% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for eBTC (EBTC)?

eBTC (EBTC) reached an all-time high of $82,483.78 and an all-time low of $59,127.71. It’s now trading -26.40% below that peak and 2.70% above its lowest price.

What is the market cap of eBTC (EBTC)?

Market capitalization of eBTC (EBTC) is $33,664,719 and is ranked #582 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of EBTC tokens (550 tokens are tradable on the market today).

What is the fully diluted valuation of eBTC (EBTC)?

The fully diluted valuation (FDV) of eBTC (EBTC) is $33,664,719. This is a statistical representation of the maximum market cap, assuming total number of 550 ETH tokens are in circulation today.

How does the price performance of eBTC compare against its peers?

With a price decline of -5.90% in the last 7 days, eBTC (EBTC) is underperforming the global cryptocurrency market which is down -3.20%, while underperforming when compared to similar Crypto-Backed Tokens cryptocurrencies which are down -1.30%.