pNetwork BTC

www.p.network

Key Stats

Total Value Locked24H
in USD$77.6M-4.6%
Supply
% Supply Locked
SymbolpBTC
pBTC Price24H
USD$50,274.00+0.8%
BlockchainEthereum

Bitcoin At Work

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What is pNetwork BTC?

The pNetwork is the underlying architecture for pTokens, a cross-chain system enabling assets to move frictionlessly from one blockchain to another. It provides interoperability for Decentralized Finance (DeFi) on multiple blockchains. For example, it brings Bitcoin's liquidity to Ethereum in the form of an Ethereum token featuring a BTC 1:1 peg (pBTC). Currently, pTokens enable the transparent interaction among major blockchain protocols, including Bitcoin, Ethereum, EOS and Litecoin. They are integrated with various decentralized platforms and centralised exchanges, including Bitfinex (where pNetwork is supported as a DeFi onramp), Kyber Network, Loopring, and more. pNetwork is the progressively decentralized governance layer operating the pTokens bridges. It is home to the pNetwork DAO and the ecosystem's governance token PNT.


How to use pNetwork BTC?

You can access the pTokens interface here. There you can generate and redeem BTC, LTC and other major crypto assets for them to be moved on Ethereum, EOS and other networks. More assets will be added as pNetwork continues to evolve.