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Indigo Protocol iBTC

Indigo Protocol iBTC

IBTC

39.62 %(1Y)

$62692

Price chart

Statistics

Price change (24h):

3.82%

High (24h):

$65392

Low (24h):

$62552

Volume (24h):

$400.36

Market Cap:

$0

All Time High:

59.74% $156142.00

Nov 4, 2025

All Time Low:

229% $19080.05

Jun 10, 2023

About Indigo Protocol iBTC

Indigo Protocol - iBTC (IBTC) is a synthetic Bitcoin token launched in 2022 within the Cardano ecosystem. It mirrors the price of Bitcoin through an over-collateralized debt mechanism rather than relying on direct cross-chain bridges.

The asset functions as the flagship synthetic within the Indigo Protocol, a collateralized debt position (CDP) framework that mints capital-efficient derivatives. Instead of wrapping BTC through a custodian, the protocol lets users generate iBTC by locking the native ADA token as collateral. This design dissolves the bridging attack surface that has plagued wrapped assets across other chains.

iBTC operates on the Cardano network, inheriting the base layer’s deterministic transaction finality and extended UTXO accounting model. Smart contract execution happens through Plutus scripts that govern the CDP lifecycle, from origination to liquidation.

Technically, the token abides by Cardano’s native asset standard, avoiding the execution-layer overhead common to EVM contracts. Each iBTC token corresponds to an on-chain identifier with a policy ID of f66d78b4a3cb…, ensuring fungibility without a separate smart contract factory. A distinct feature is the protocol’s CDP liquid staking mechanism, where ADA held as collateral continues to earn staking rewards from delegated stake pools. This recaptures yield that would otherwise sit inert in a vault.

The Indigo Protocol launched its first version on November 20, 2022, immediately deploying iBTC as its inaugural synthetic asset. No central entity controls the protocol; the Indigo DAO governs risk parameters such as the minimum collateralization ratio through on-chain voting. This launch arrived amid a broader wave of Cardano DeFi experimentation following the Alonzo hard fork’s smart contract integration.

Its purpose is to deliver Bitcoin exposure that remains fully composable within Cardano’s decentralized finance landscape. The architecture decouples synthetic minting from cross-chain relays, rejecting trusted intermediaries and keeping solvency provable on-chain. The synthetic nature also permits capital efficiency that a simple spot holding cannot match.

Mechanistically, iBTC requires users to deposit ADA into a CDP that must stay above a dynamically governed Minimum Collateralization Ratio. If the collateral value dips, a user can top up the vault to avoid liquidation. Should the ratio breach the threshold, the Indigo Stability Pool automatically absorbs the debt, exchanging its own iBTC for the distressed collateral at a discount and keeping the original iBTC in the borrower’s hands. Burning iBTC unwinds the position, returning the remaining ADA collateral minus accrued fees.

Market participants source iBTC directly from DEX liquidity pools to gain synthetic long Bitcoin exposure without selling ADA. Stability Pool providers stake their iBTC to earn a share of discounted collateral during liquidations, creating a defensive liquidity layer. The Indigo DAO sets risk parameters, so governance token holders vote on collateral ratios that directly influence iBTC’s risk profile.

Indigo Protocol - iBTC has a total supply of 0 tokens. Currently, 0 are in circulation. With a market capitalization of $0, Indigo Protocol - iBTC ranks #6,411 among all cryptocurrencies.

Indigo Protocol iBTC Historical Price Data

Date Open Close High Low
$63,338.00 $62,710.00 $63,338.00 $62,608.00
$65,268.00 $63,308.00 $65,425.00 $62,552.00
$64,005.00 $65,338.00 $65,477.00 $60,018.00
$63,998.00 $64,053.00 $65,422.00 $62,533.00
$63,175.00 $64,020.00 $66,440.00 $61,162.00
$58,276.00 $63,453.00 $63,942.00 $57,553.00
$57,794.00 $58,467.00 $61,075.00 $56,704.00
$57,083.00 $57,762.00 $60,272.00 $56,407.00
Why is manual trading Indigo Protocol iBTC a bad idea?
Manual ibtc trading
  • Miss perfect entry/exit
  • Emotional decisions
  • Huge time to monitor
Stoic AI
  • AI trades 24/7 automatically Catch every opportunity

  • Zero-emotion algorithm Disciplined strategy

  • Passive income Set & forget automation

20,000+

traders trusted Stoic AI

$200M+

in cumulative assets under management since inception

2015

year of company foundation

Try Automated IBTC Trading

FAQ

  • Indigo Protocol iBTC (IBTC) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live IBTC price, market cap, and 24-hour trading volume at the top of this page.
  • The current price of Indigo Protocol iBTC (IBTC) is $62692. Over the last 24 hours, it has moved -3.82%. Crypto prices update continuously, so short-term changes can happen quickly.
  • You can buy Indigo Protocol iBTC on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.

    The smartest way to manage your IBTC investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading.
  • Indigo Protocol iBTC's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - IBTC can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
  • We can’t provide investment advice. Whether Indigo Protocol iBTC is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
  • Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
  • Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. IBTC can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
  • With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
  • You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.

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