hBTC is open for new deposits.
The first 50 BTC allocation cap filled within 48 hours, with waitlist demand exceeding available capacity from the outset. The response reflects allocator demand for the standard of Bitcoin yield hBTC brings to market: self-custodial, generated from a diversified set of blue-chip strategies, transparent, and paid daily in BTC.
Deposit access is open. Invitations are already being sent by email to waitlisted allocators.
Proof in Practice
hBTC has completed three months with allocator capital, and the results are on record.
hBTC delivered a 5.3% all-time average APY, auto-compounded and paid in BTC daily from STRC, Basis and Stacks Dual Staking. Yield was positive on 99% of days. On the 1% of days when yield turned negative, the reserve fund kicked in as designed.
Leverage and delta remained within defined thresholds, while reserves, exposure, and protocol activity stayed visible on-chain in real time through the Transparency Dashboard.
Cohort 1 LTV performance
The Next 25 BTC
The next allocation window opens on the same underwriting, yield-source, and custody terms as the first.
Demand for institutional-grade BTC-denominated yield continues to exceed available supply.
Deposit capacity is allocated to the waitlist first.
If your mandate is BTC-denominated yield with transparent, rules-based risk controls, the highest-leverage next step is to request access for the next allocation window.
