$FBTC is designed to operate on various blockchain networks. Initially, $FBTC will adhere to the ERC-20 token standard, allowing it to be used across the broader Ethereum ecosystem. Users can trade $FBTC on decentralized exchanges and explore various DeFi opportunities through protocols and platforms that support $FBTC.
DeFi opportunities for $FBTC include funding rate arbitrage, lending and borrowing, restaking rewards, yield farming, token swapping, and liquidity pools. Various protocols and platforms support $ƒBTC, including Avalon, Lombard, Bedrock, Lorenzo, PumpBTC, StakeStone, Ethena, Lendle, Uniswap, OpenBit, Merchant Moe.