Structured
A NEW PRIMITIVE
Structured products for the gold standard of value.
02 — THE PRIMITIVE
LIQUID,yield-bearingBITCOIN
A structured product that turns native Bitcoin into a productive, composable asset — without surrendering custody, without bridging risk.
A SINGLE ASSET. INFINITE STRATEGIES.
MAX
BTC
One asset.
Infinite strategies.
MAX BTC is the structured-yield primitive that gives Bitcoin holders productive exposure without giving up the asset they came for.
03
Max BTC Explained
Real BTC yield
Yield denominated in BTC, sourced from structured strategies — not inflationary token emissions.
Yield and Composable
A liquid receipt token that flows freely across DeFi: lending markets, AMMs, vaults, perps.
Infinitely Scalable
Strategy modules plug in without touching the core. Capacity grows as new venues open.
By the numbers
A protocol the market has already trusted.
Total Value Locked
Average BTC Yield
Active Holders
Composable Venues
The flow
How it works
Deposit BTC
Bring native Bitcoin or wrapped variants into the vault. Custody remains non-custodial and transparent.
Mint MAX BTC
Receive a liquid receipt token, 1:1 backed and freely transferable across chains.
Earn structured yield
Strategies route capital across delta-neutral venues, generating real BTC-denominated returns.
Compose anywhere
Use MAX BTC as collateral, LP, or leverage primitive across the broader DeFi stack.
USE CASES
Earn
Deposit BTC, receive a liquid yield-bearing receipt. Strategies run beneath the surface.
Borrow
Post MAX BTC as collateral across major lending venues. Keep your yield while you draw.
Leverage
Loop structured exposure with predictable parameters — risk surfaced upfront, not hidden.
Real YIELD,MADE LIQUID
Backed by
Questions
Frequently asked
MAX BTC is a liquid, yield-bearing receipt token backed 1:1 by native Bitcoin. It earns structured yield from delta-neutral strategies while remaining freely composable across DeFi.
Yield is sourced from basis trades, funding rate arbitrage, and curated structured positions across regulated venues. There are no inflationary token emissions.
Assets are held in audited, non-custodial vaults with multi-sig controls and real-time proof-of-reserves. Strategies are risk-managed with strict drawdown limits.
Yes. MAX BTC can be burned for the underlying BTC at any time, subject to strategy unwind windows that are published on-chain.
MAX BTC is natively issued on Ethereum and bridged to major L2s and Bitcoin sidechains. New venues are added as integrations mature.