ECHO

Echo Protocol

AptosDeFiLiquid staking

Price
$0.0005143
24h
−41.0%
7d
−52.9%
Market cap
$107.1K
24h volume
$21.2K

aptos 0xb2c7780f0a255a6137e5b39733f5a4c85fe093c549de5c359c1232deef57d1b7

Report

Echo Protocol (ECHO) is a DeFi token on Aptos. 208.2M of a maximum 1B are in circulation, or 21%. It ranks 6102nd by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, explorer and X.

Echo is a Bitcoin liquidity aggregation and yield infrastructure layer designed to address the fragmentation of BTC liquidity across various forms (such as native BTC, BTC LSTs, and wrapped BTC). It simplifies BTC integration into DeFi while maximizing yield through innovative yield solutions

Echo's liquidity and aggregation solution enables users to deposit BTC of different standards, receive Echo's unified BTC and can interact with DeFi applications without relying on conventional Bitcoin staking protocols. Echo is seamlessly integrates with all native BTC Layer 2 solutions (Babylon, BSquared, Bitlayer) and supports various BTC liquid staking tokens (PumpBTC, LBTC) and wrapped BTC tokens (wBTC, fBTC). Echo also relies on Proof-of-Reserve to ensure that the BTC assets that are being accepted on Echo's aggregation layer are safe, secure and transparent.

Echo LST infrastructure simplifies BTC integration into DeFi, ensuring pricing efficiency, depegging risk prevention, minimized slippage, and maximizing asset utilization for users across decentralized protocols.

Echo is also building the first BTCFi hub on Move ecosystem to help users optimize and maximize their Bitcoin yields.

Echo Protocol's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
208.2M
Total supply
1.0B
Max supply
1.0B

Supply as of 19h ago