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Public testnet live

Use native Bitcoin
as collateral

Deposit, sign, borrowOpen the testnet app
BTC staked
40,000+
Total value
$2B+
Raised
$110M+
03Questions

Frequently asked questions

Read the full FAQ
  • No third party. The BTC sits in a Taproot output whose spend paths are committed by all participants at vault creation. After creation no party can fabricate a new spend, because the only spends Bitcoin will accept are the ones already encoded in the script. The Vault Provider, Vault Keepers, Universal Challengers and Security Council have operational roles, but they never custody the depositor's BTC. What is TBV?