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View ChartpumpBTC (Rehypothecated BTC) is a liquid restaking solution built for the Babylon ecosystem, designed to help Bitcoin holders maximize yield through Babylon's liquid staking mechanism. In essence, the project aims to rebuild Wrapped Bitcoin (WBTC) with native yield, allowing BTC holders to earn staking rewards without locking up their assets for extended periods. The protocol abstracts away the technical complexities typically associated with staking, enabling users to stake into Babylon with a single action and immediately receive liquidity tokens in return. Launched on July 6, 2024, pumpBTC operates across multiple blockchain ecosystems including Ethereum and BNB Chain, and carries tags such as DeFi, Restaking, and Rehypothecated Crypto. The mission of the project is to bring DeFi into the Bitcoin ecosystem through an ecosystem-centric approach supported by seasoned DeFi experts and industry-leading partners. According to CoinMarketCap, the maximum supply of PUMPBTC is 21,000,000 tokens, while total supply and circulating supply are approximately 525 PUMPBTC. As of the latest available snapshot, PUMPBTC has very low market capitalization and 24-hour trading volume, which may limit liquidity and price discovery.
As of the latest information available, the identity of the creator behind pumpBTC remains unspecified. This anonymity is not uncommon in the cryptocurrency sector, where many projects are initiated by teams that prioritize community-driven governance and technological advancement over individual recognition. However, the development team's commitment to transparency and community engagement remains a focal point of the project's ethos. Publicly listed related individuals include Julien Bouteloup (Founder of Stake Capital), Mable Jiang (Founder at Trends), and Yu Hu (Founder/CEO at Kaito); their specific roles in the project are not disclosed. The project lists SevenX Ventures, Mirana Ventures, UTXO, and Mantle Ecosystem Fund as investors; the specific round terms are not disclosed in the available public materials.
At the heart of pumpBTC's offering is its liquid staking solution, which operates synergistically with the Babylon platform. The key mechanism is liquid staking: users can stake their Bitcoin assets directly into the Babylon ecosystem and receive liquidity tokens instantly. This flexibility allows users to maintain access to their capital while benefiting from staking rewards, combining the best aspects of holding and earning. By rebuilding WBTC with a focus on native yield, pumpBTC enhances the efficiency of Bitcoin staking, ensuring that users earn rewards directly related to their investments. The process is designed as a single-action staking experience, meaning users can stake into Babylon through PumpBTC in one step and immediately receive liquidity tokens without waiting periods. Furthermore, by abstracting complexities, PumpBTC facilitates effortless collaboration between users and Babylon node operators, removing technical barriers that might otherwise discourage participation. This architecture positions pumpBTC as a sophisticated liquid staking protocol that aims to revolutionize Wrapped Bitcoin by integrating native yield features. PumpBTC is also described as an AI-driven staking and liquidity operating system (OS) designed to help Bitcoin holders integrate with DeFi.
pumpBTC distinguishes itself through several core attributes. First, it addresses a fundamental limitation in traditional staking methods, which often require users to lock their assets away for long periods. By enabling single-action staking with immediate liquidity token issuance, pumpBTC gives Bitcoin holders both access to their capital and exposure to staking rewards simultaneously. Second, the project's focus on rebuilding WBTC with native yield represents a novel approach to enhancing Bitcoin's utility within DeFi ecosystems. Third, pumpBTC's role as a liquid restaking solution for Babylon positions it at the intersection of two growing trends: Bitcoin-based DeFi and restaking. The project's ecosystem-centric approach, supported by seasoned DeFi experts and industry-leading partners, further strengthens its value proposition. Finally, the backing from established venture capital firms such as SevenX Ventures, Mirana Ventures, UTXO, and Mantle Ecosystem Fund provides strategic support and enhances the project's potential to thrive in a competitive market.
PUMPBTC is an ERC-20 token issued on Ethereum (contract address 0xf469fbd2abcd6b9de8e169d128226c0fc90a012e), with a corresponding token on BNB Chain (0xf9C4FF105803A77eCB5DAE300871Ad76c2794fa4). The primary use case is staking: users stake Bitcoin assets into the Babylon ecosystem through pumpBTC and receive liquidity tokens that represent their staked positions. These liquidity tokens can then be used across DeFi applications while still earning staking rewards. The token is designed to support participation in Bitcoin-based DeFi by abstracting staking complexity, though barriers such as smart contract risk and market liquidity remain.
The pumpBTC ecosystem is in an early but active phase of development. The project was launched on July 6, 2024, and has expanded its presence to the BNB Chain ecosystem. It has attracted a growing community, with 2.84K holders reported by CoinMarketCap. The project maintains an active presence across multiple platforms, including its official website, X (Twitter), GitHub, and a dedicated whitepaper on GitBook. An introductory article was published by HTX in July 2024 and last updated in December 2024. PUMPBTC is tracked by major market data platforms such as CoinMarketCap and CoinGecko. The involvement of investment firms like SevenX Ventures, Mirana Ventures, UTXO, and Mantle Ecosystem Fund indicates strong foundational support for continued ecosystem growth. As a liquid restaking solution for Babylon, pumpBTC's development is closely tied to the broader adoption of Bitcoin-based DeFi and restaking protocols.
PUMPBTC is an ERC-20 token on Ethereum; it is not produced through proof-of-work mining. Users obtain liquidity tokens by staking BTC through the protocol, but the token's issuance and reward mechanics are not detailed in the available public materials. The process involves a single action: users stake their assets and immediately receive liquidity tokens representing their staked positions. These liquidity tokens allow users to maintain access to their capital while earning staking rewards. The staking mechanism is designed to be user-friendly, abstracting away the technical complexities typically associated with running validator nodes or managing staking infrastructure. By collaborating with Babylon node operators, pumpBTC facilitates effortless participation in the staking process. This approach democratizes access to Bitcoin staking rewards, enabling a broader range of holders to participate in the DeFi ecosystem without needing specialized technical knowledge or significant capital commitments.
Securing PUMPBTC requires a combination of best practices common to cryptocurrency storage and awareness of the specific risks associated with DeFi and restaking protocols. First, use reputable wallets that support the Ethereum and BNB Chain ecosystems where PUMPBTC operates. Hardware wallets provide an additional layer of security by keeping private keys offline. Second, always verify contract addresses before interacting with any smart contract, as phishing scams and fake tokens are prevalent in the crypto space. Third, since pumpBTC involves staking and smart contract interactions, users should review the protocol's smart contract audit status. The project's smart contracts are listed on CertiK; readers should review the audit report and any bug bounty program directly. Fourth, never share private keys or seed phrases with anyone, and be cautious of unsolicited messages or offers related to PUMPBTC. Fifth, consider diversifying storage across multiple wallets to reduce the risk of a single point of failure. Finally, stay informed about protocol updates and security announcements through official channels such as the project's website and X (Twitter) account to ensure timely awareness of any potential vulnerabilities or changes. Users can import PUMPBTC as a custom token in MetaMask to view holdings and interact with decentralized exchanges.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for PUMPBTC are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of pumpBTC (Rehypothecated BTC) (PUMPBTC) is $0.007351. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated PUMPBTC to USD rate at the top of BTCC’s price page. In terms of market scope, pumpBTC (Rehypothecated BTC) records a 24h trading volume of $1.471534K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $3.858164. Its current circulating supply stands at 524.5 out of a maximum supply cap of 21M.
The price volatility of pumpBTC (Rehypothecated BTC) (PUMPBTC) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (524.5) to max supply (21M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, pumpBTC (Rehypothecated BTC) (PUMPBTC) hit an all-time high (ATH) of $141,398.948432 on 2025-11-22 08:10, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.007284 on 2026-10-30 14:40. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading PUMPBTC futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($1.471534K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s PUMPBTCUSDT perpetual contracts support two-way trading. If you anticipate a price decline for pumpBTC (Rehypothecated BTC), simply log into your BTCC account with USDT margin available, navigate to the PUMPBTCUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for PUMPBTCUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.007351), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for PUMPBTCUSDT with zero financial risk.
Trading pumpBTC (Rehypothecated BTC) (PUMPBTC) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for PUMPBTCUSDT, and review its live price ($0.007351) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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