Anchor Btc · Alternatives
The best Function FBTC alternatives in 2026
Function FBTC brings tokenized Bitcoin into DeFi vaults, but check its backing, redemption terms and vault risks before depositing. If Function FBTC is not the right fit, these 11 reviewed Anchor Btc options are the closest matches, ranked by SkyBitcoins score. Read our full Function FBTC review
At a glance
Function FBTC vs the alternatives
| dApp | Score | TVL | Chains |
|---|---|---|---|
| Score 5.2 out of 10 | $630M | 1 | |
| Score 5.5 out of 10 | $58.2M | 5 | |
| Score 5.2 out of 10 | $835K | 1 | |
| Score 5.0 out of 10 | $20.6M | 2 | |
| Wbtc | Score 5.0 out of 10 | — | 1 |
| Score 4.5 out of 10 | $30.2M | 2 | |
| Score 4.5 out of 10 | $136K | 9 | |
| Score 4.3 out of 10 | $86.1M | 1 | |
| Score 4.2 out of 10 | $349M | 18 | |
| Score 4.1 out of 10 | $3.52M | 1 | |
| Score 4.0 out of 10 | $185M | 1 | |
| Score 3.6 out of 10 | $144K | 1 |
Ranked
Top Function FBTC alternatives
- 1
OKX xBTC
Anchor Btc · Bitcoin, X Layer, Solana +2
OKX xBTC is a Bitcoin-backed token for using BTC on supported networks. Its 1:1 reserve promise comes with a key trade-off: OKX holds the underlying Bitcoin.
ScoreScore 5.5 out of 10TVL $58.2M−2.3% - 2
Solv Others
Anchor Btc · Merlin
Solv turns Bitcoin into tokens you can use across DeFi and yield products. Its stated backing and redemption claims are worth checking carefully: fees, custody details and the mechanics of getting your BTC back aren’t clear.
ScoreScore 5.2 out of 10TVL $835K+1.5% - 3
Circle Bitcoin
Anchor Btc · Bitcoin, Ethereum
Circle’s cirBTC is a wrapped Bitcoin token for use on Ethereum. Its stated 1:1 backing is a start, but you should check custody, redemption terms and fees before using it.
ScoreScore 5.0 out of 10TVL $20.6M−50.9% - 4
Wbtc
Anchor Btc · Ethereum
WBTC is an Ethereum token designed to represent Bitcoin in DeFi. It can make BTC usable in Ethereum apps, but custody, redemption terms and total costs need checking before you use it.
ScoreScore 5.0 out of 10TVL — - 5
Bitlayer YBTC Family
Anchor Btc · Bitcoin, Ethereum
Bitlayer YBTC Family connects Bitcoin with Bitlayer’s BTCFi ecosystem, but fees, custody details and independent audit coverage need careful checking before you bridge BTC.
ScoreScore 4.5 out of 10TVL $30.2M−3.2% - 6
SatLayer
Anchor Btc · Ethereum, BNB Chain, Sui +6
SatLayer is a Bitcoin restaking protocol where you can deposit BTC or liquid staking tokens into vaults on Babylon Genesis to earn rewards. The main cautions: fees, withdrawal terms and custody details are not published clearly.
ScoreScore 4.5 out of 10TVL $136K−20.7% - 7
BitFi BTC
Anchor Btc · AILayer
BitFi offers BTC and USD yield strategies through a CeDeFi platform, but key details on fees, withdrawals and independent security checks are missing. Treat its advertised yields as claims, not guaranteed returns.
ScoreScore 4.3 out of 10TVL $86.1M−2.5% - 8
Bedrock uniBTC
Anchor Btc · Bitcoin, Ethereum, Merlin +15
Bedrock uniBTC is a liquid Bitcoin staking product that issues a tradable token for BTC staked into Babylon. Before using it, check the redemption terms, costs and security status: key details are not published here.
ScoreScore 4.2 out of 10TVL $349M−1.8% - 9
Hermetica hBTC
Anchor Btc · Stacks
Hermetica hBTC is a Stacks-based Bitcoin yield product advertising daily BTC yield and a 1.0% APY. The yield strategy, costs and withdrawal terms need more explanation before you commit funds.
ScoreScore 4.1 out of 10TVL $3.52M−3.4% - 10
exSat Staking BTC
Anchor Btc · Bitcoin
exSat is described as a Bitcoin staking and wrapped-BTC project, but its current site focuses on a sales-led digital bank and does not clearly explain the ESBTC product. Confirm exactly what you would receive and how you could redeem it before transferring BTC.
ScoreScore 4.0 out of 10TVL $185M−2.6% - 11
YBTC.B
Anchor Btc · Bitlayer
YBTC.B is a wrapped form of Bitlayer’s Native BTC intended for cross-chain use. Its purpose is clear, but fees, redemption mechanics and YBTC.B-specific security details are not.
ScoreScore 3.6 out of 10TVL $144K−2.3%