iBTC (IBTC) Price Today
iBTC (IBTC) Market Data
About iBTC (IBTC)
iBTC is a unique digital asset that operates as an inverse synthetic Bitcoin token, supported by the Synthetix protocol. Through the utilization of price feeds supplied by Chainlink’s decentralized network of oracles, iBTC inversely tracks the price of Bitcoin.
Traders can exchange iBTC for other assets native to the Synthetix protocol without slippage at Kwenta or Synthetix.Exchange. As a result, users can engage in seamless trading of iBTC, taking advantage of the benefits of the Synthetix protocol.
If you want to learn more about Inverse Synths and how they work, the Synthetix Docs offer a wealth of information on the subject. With iBTC, users can experience the benefits of inverse synthetic Bitcoin trading and the power of the Synthetix protocol.