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 Protocol confirmed that a leaked admin key allowed an attacker to mint eBTC tokens without authorization on the…
Echo Protocol, a Bitcoin-focused DeFi platform offering synthetic BTC liquidity and yield, suffered a $77 million…
Echo, a BTCFi protocol building around an eBTC market on the Monad blockchain, has been exploited according to onchain…
A brutal four-day stretch has seen three separate DeFi protocols exploited for a combined total exceeding $88 million…
Echo Protocol, a DeFi project on Monad, has been exploited in a sophisticated multi-step attack that minted 1,000 eBTC…
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).
eBTC (EBTC) is categorised as: Crypto-Backed Tokens, Starknet Ecosystem, Monad Ecosystem.
The official eBTC site is https://www.echo-protocol.xyz/.
Most recent eBTC coverage: "Echo Protocol Burns Attacker's 955 eBTC After Admin Key Leak Drains $816K on Monad!" — read at /en-US/a/echo-protocol-burns-attackers-955-ebtc-after-admin-key-leak.
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