Function
Bitcoin, Financialized.
Visit Website
About
Function is a Bitcoin financialization protocol that turns BTC into a productive, composable asset through its wrapped token, ƒBTC. It allows users and institutions to mint ƒBTC across multiple chains and use it in DeFi applications such as staking, lending, and yield generation. With institutional-grade security backed by partners like Antalpha, Galaxy, and Mantle, Function brings liquidity, capital efficiency, and seamless multi-chain integration to Bitcoin. ƒBTC is designed for both individuals and institutions to unlock the full potential of Bitcoin within modern decentralized finance.
Key Features
Seamless Liquidity
Direct minting and burning of ƒBTC across 8+ major chains, enabling frictionless movement of BTC in DeFi ecosystems.
Institutional-Grade Security
Secured via multi-signature and MPC custody, with backing from Antalpha, Galaxy, and Mantle. ƒBTC meets the standards required by institutional users.
Multi-Chain Native
Deploy ƒBTC on top chains like Ethereum, Mantle, Arbitrum, and more to maximize composability and access diverse DeFi protocols.
DeFi Utility for BTC
- Re-staking: Stake ƒBTC in Babylon to earn additional rewards.
- Lending: Use ƒBTC as collateral in decentralized lending markets.
- Yield Strategies: Deploy into vaults and strategies for passive income.
- Cross-Chain Liquidity: Move ƒBTC freely between networks for greater accessibility and capital efficiency.
Transparency & Infrastructure
- Secured by a council of trusted institutions (Mantle, Galaxy, Antalpha, Cobo).
- Audited by Secure3, Mixbytes, and Blocksec.
- Integrated with infrastructure partners like LayerZero and Chainlink.
Frequently Asked Questions
What is ƒ(BTC)?
ƒ(BTC) is Function’s institutional-grade wrapped Bitcoin, designed to extend Bitcoin’s utility into DeFi. Unlike static wrapped BTC, ƒ(BTC) offers seamless liquidity, multi-chain support, and deep integrations across top protocols like Uniswap, Compound, Mantle, and Arbitrum.
How does minting and redeeming ƒ(BTC) work?
Function uses a secure multi-signature, MPC-based process. Qualified Users can deposit BTC to mint ƒ(BTC) across supported chains, or burn ƒ(BTC) to withdraw native BTC back onto the Bitcoin network.
How is ƒ(BTC) secured and trusted?
ƒ(BTC) is backed by a Security Council including Galaxy, Mantle, Antalpha, and Cobo. It’s supported by enterprise-grade infrastructure partners like Chainlink and LayerZero, and audited by top security firms such as BlockSec and MixBytes for transparency and institutional trust.
Similar to Function:
