Indigo Protocol iBTCPrice
(IBTC)

Details

LBank does not support trading or services for this token.

$67,876

+0.30%

Pair

USD

1 Year

This Year

Last updated on: 2026-04-05 20:25:22

IBTC price insightsWhat is IBTC?AI analysis reportIBTC Price PredictionHow to buy Hot EventsFAQ

Indigo Protocol iBTC (IBTC) Price information (USD)

$67,672

$68,276

$156.142K

Lower Price

$19,080.05

+0.09%

+0.30%

+6.25%

The current real-time price of IBTC is $67,876. In the past 24 hours, IBTC has traded between $67,672 and $68,276, showing strong market activity. The all-time high of IBTC is $156.142K, and the all-time low is $19,080.05.

From a short-term perspective, the price change of IBTC over the past 1 hour is

+0.09%

, over the past 24 hours is

+0.30%

, and over the past 7 days is

+6.25%

. These figures provide a quick overview of the latest price trends and market dynamics of IBTC on LBank.

Indigo Protocol iBTC (IBTC) Market Information

14.8

∞

Launch Date

Underlying Blockchain

The current market cap of IBTC is $0, with a 24h trading volume of 14.8, a circulating supply of --, a total supply of --, and a fully diluted valuation (FDV) of --.

Indigo Protocol iBTC (IBTC) Today's Price

The live price of IBTC today is $67,876, with a current market cap of $0. The 24-hour trading volume is 14.8. The price of IBTC to USD is updated in real time.

IBTC's 24-hour price change is

+0.30%

Circulating supply: --.

Indigo Protocol iBTC (IBTC) Price History (USD)

Date Comparison

Value Change

Change (%)

Today

$204.26

+0.30%

30 days

$5.194182

+0.01%

60 days

-$7,558.805

-10.02%

90 days

-$26,583.80

-28.13%

Want to unlock the full price history and price trends of IBTC? View now IBTC Price history page

What is INDIGO PROTOCOL IBTC (IBTC)?

Indigo Protocol iBTC (ibtc) is a synthetic Bitcoin that was introduced in November 2022 as part of Indigo Protocol v1. The Indigo Protocol is a decentralized finance (DeFi) protocol built on the Cardano blockchain. Its main goal is to democratize access to various financial opportunities by enabling users to gain exposure to a wide range of assets, including cryptocurrencies and real-world assets, without needing to directly own them. iBTC is an "iAsset," which is a synthetic asset within the Indigo Protocol that is designed to mirror the price of a tracked asset, in this case, Bitcoin. Users can obtain iBTC in two primary ways: they can purchase it from a decentralized exchange (DEX) or mint it within the Indigo Protocol. Minting involves depositing ADA, Cardano's native cryptocurrency, as collateral in a Collateralized Debt Position (CDP). A key feature of the Indigo Protocol is its emphasis on over-collateralization, meaning the value of the ADA collateral in a CDP must exceed the value of the iBTC minted. This mechanism helps maintain the stability and solvency of the protocol. Stability Pools also play a role in safeguarding against liquidity and bad debt, with providers in these pools receiving rewards for their contribution. Additionally, the protocol offers a feature called CDP Liquid Staking, which allows users to continue earning ADA staking rewards even while their ADA is locked as collateral for minting iBTC. The Indigo Decentralized Autonomous Organization (DAO), governed by holders of the INDY token, controls the parameters of iBTC and other iAssets through voting, fostering community management of the protocol. Learn more

When is the right time to buy IBTC? Should I buy or sell IBTC now?

Before deciding whether to buy or sell IBTC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s IBTC technical analysis can provide you with trading references.

Based on IBTC 4-hour technical analysis, the trading signal is --.Based on IBTC 1-day technical analysis, the trading signal is --.Based on IBTC 1-week technical analysis, the trading signal is --.

Future price trend of IBTC

What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for IBTC.

How much will IBTC be worth tomorrow, next week, or next month in ? What about your IBTC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! IBTC Price Prediction

Buy IBTC IBTC Technical Analysis IBTC Price Prediction

How to buy INDIGO PROTOCOL IBTC (IBTC)

Looking to buy How to buy IBTC? The process is simple and hassle-free! You can easily purchase IBTC on LBank by following our step-by-step buying guide. We provide detailed instructions and video tutorials showing how to register on LBank and use various convenient payment options.

Convert IBTC to local currency

1IBTC to USD conversion67,876 USD 1IBTC to EUR conversion67,876 EUR 1IBTC to PHP conversion67,876 PHP 1IBTC to AUD conversion67,876 AUD 1IBTC to JPY conversion67,876 JPY 1IBTC to GBP conversion67,876 GBP

1IBTC to INR conversion67,876 INR 1IBTC to CAD conversion67,876 CAD 1IBTC to RUB conversion67,876 RUB 1IBTC to BRL conversion67,876 BRL 1IBTC to PLN conversion67,876 PLN 1IBTC to IDR conversion67,876 IDR

IBTC Resources

To learn more about IBTC, consider exploring other resources such as the whitepaper, official website, and other published information:

Official IBTC website

Discord

Blockchain explorer

https://cexplorer.io/asset/asset1kfw6plmuzggq7uv90hhvky5p6xycax3l4mru58 https://cardanoscan.io/token/f66d78b4a3cb3d37afa0ec36461e51ecbde00f26c8f0a68f94b6988069425443

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INDIGO PROTOCOL IBTC (IBTC) FAQ

What is Indigo Protocol iBTC (IBTC) and how does it work?

Indigo Protocol iBTC is a synthetic Bitcoin asset launched in November 2022 on the Cardano blockchain, designed to mirror Bitcoin's price. Unlike wrapped assets, iBTC is a new token that replicates Bitcoin's value without using a bridge. Users can acquire iBTC by minting it within the Indigo Protocol or by purchasing it on a decentralized exchange.

How is iBTC minted and collateralized?

To mint iBTC, users deposit Cardano's native token, ADA, as collateral in a Collateralized Debt Position (CDP) within the Indigo Protocol. This process requires over-collateralization, meaning the value of the deposited ADA must be higher than the value of the minted iBTC. Users must maintain their CDP above a specified Minimum Collateralization Ratio (MCR).

What happens if the value of my ADA collateral drops?

If your ADA collateral's value decreases and approaches the Minimum Collateralization Ratio, you can add more ADA to your CDP to maintain its health. If it falls below the MCR, the position can be liquidated. Stability Pool providers then exchange their iBTC for your higher-value ADA collateral, ensuring protocol solvency. The CDP owner keeps the minted iBTC but loses their collateral.

What are the main use cases for iBTC?

iBTC offers several uses within the Cardano ecosystem. These include arbitrage trading, yield generation through lending or other earning products, and payments. Users can also engage in various trading strategies like shorting Bitcoin or leveraged longing, though these carry substantial risk. Additionally, it provides exposure to Bitcoin's price without requiring direct ownership of the underlying asset.

What are the risks associated with holding or minting iBTC?

Key risks include Liquidation Risk, where your ADA collateral can be lost if its value drops below the Minimum Collateralization Ratio. There's also De-pegging Risk, as iBTC's market price can temporarily deviate from Bitcoin's price. Market Volatility affects both ADA collateral and iBTC's value. Furthermore, Smart Contract Risk is inherent to the DeFi protocol's underlying code.

Can I earn staking rewards on my ADA while it's used as collateral for iBTC?

Yes, Indigo Protocol features "CDP Liquid Staking." This unique functionality allows users to continue receiving their ADA staking rewards from stake pool delegation even when their ADA is actively used as collateral within a Collateralized Debt Position (CDP) for minting iBTC. This enables users to maximize the utility of their ADA while gaining synthetic Bitcoin exposure.

Disclaimer

Cryptocurrency prices are subject to high market risk and price volatility. You should invest only in projects and products you are familiar with and understand the associated risks. Carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investment decisions. This material should not be considered financial advice. Past performance is not a reliable indicator of future performance. The value of your investment may go down or up, and you may not recover your invested amount. You are solely responsible for your investment decisions. LBank is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warnings. Please also note that the data related to the above-mentioned cryptocurrency (such as its current real-time price) is sourced from third parties and is provided “as is” for informational purposes only, without any representation or warranty. Links to third-party websites are not under LBank’s control, and LBank is not responsible for the reliability or accuracy of such websites or their content.

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Indigo Protocol iBTCPrice
(IBTC)

Indigo Protocol iBTC (IBTC) Price information (USD)

Indigo Protocol iBTC (IBTC) Market Information

Indigo Protocol iBTC (IBTC) Today's Price

Indigo Protocol iBTC (IBTC) Price History (USD)

What is INDIGO PROTOCOL IBTC (IBTC)?

When is the right time to buy IBTC? Should I buy or sell IBTC now?

Future price trend of IBTC

How to buy INDIGO PROTOCOL IBTC (IBTC)

Convert IBTC to local currency