BIMA CDP
BIMA is a Bitcoin-backed stablecoin CDP protocol where users lock BTC liquid-staking tokens as collateral to mint USBD across multiple chains.
What is BIMA CDP?
BIMA is a multi-chain CDP protocol that turns Bitcoin into yield-bearing collateral. Users deposit BTC liquid-staking tokens like wBTC, iBTC, lBTC, and SolvBTC into BIMA vaults, mint the USBD stablecoin against them, and deploy USBD across Ethereum, BNB Chain, Avalanche, Arbitrum, and Base for lending and liquidity yield while the underlying BTC continues to earn staking rewards.
Web3 dapps and developer tools related to BIMA CDP
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Avalon Labs
Inverse Finance
Silo Finance
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BIMA CDP alternatives
Explore web3 competitors and apps like BIMA CDP.
River Inc
Frax Finance
Reservoir Protocol
SkyApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
