Price change (24h):
0.89%
High (24h):
$64597
Low (24h):
$61194
Volume (24h):
$69.58K
Market Cap:
$534.06M
All Time High:
50.64% $127954.00
Oct 6, 2025
All Time Low:
451% $11469.83
Sep 10, 2024
Function FBTC
FBTC42.01 %(1Y)
$63163
About Function FBTC
Ignition FBTC (FBTC) is a cryptocurrency launched in 2024, functioning as a Bitcoin-backed omnichain yield asset that converts dormant BTC into a productive instrument across decentralized finance markets. Its design eliminates the forced trade-off between holding Bitcoin for long-term exposure and deploying that capital into yield-bearing protocols.
The asset addresses a sharp market friction: Bitcoin’s vast liquidity remains segregated from programmatic DeFi, held in wallets that earn nothing and expose owners to opportunity costs. FBTC bridges this divide by wrapping native BTC into a 1:1 collateralized token that plugs directly into structured yield strategies, avoiding both centralized intermediaries and the need to sell the underlying coin.
Ignition FBTC operates on the Ethereum network. Its core contract logic executes within Ethereum’s execution layer, while identical bytecode deployments on Base, BNB Chain, Mantle, and Sonic ensure consistent omnichain traceability without fragmenting liquidity.
The token adheres to the ERC-20 standard on Ethereum and the BEP-20 standard on BNB Chain, using the same contract address—0xc96de26018—across Arbitrum, BOB Network, and other EVM-compatible chains. This mirroring pattern treats FBTC as a unified asset across environments, with transaction fees settled in the native gas token of each host chain.
The initiative emerged from the Function ecosystem, which launched FBTC on July 11, 2024. Within months the asset secured listings across 18 active trading markets and expanded natively into Arbitrum, Base, Mantle, and the BNB Chain ecosystem. A publicly accessible Bitcoin Reserve Address List, published from inception, enables real-time cryptographic verification of the underlying backing.
Its long-term objective is dismantling the wall between Bitcoin’s trillion-dollar capital base and the programmability of smart-contract platforms, transforming BTC from a static store of value into a fluid, composable engine of on-chain capital efficiency.
FBTC tokens mint only upon cryptographic confirmation of a BTC deposit into a publicly disclosed reserve address and burn during redemption, locking the 1:1 peg at every state change. The asset then operates as a bearer receipt inside DeFi primitives—lending pools, automated vaults, structured products—allowing smart contracts to execute yield-bearing strategies that compound returns without breaking the link to the original Bitcoin value.
A Bitcoin holder deposits into a designated reserve address and receives an equivalent FBTC balance on a chosen chain, then allocates those tokens into liquidity pools, algorithmic vaults, or decentralized lending markets. Validators do not secure this system; the yield stream originates from trading fees, protocol-level incentives, and structured rehypothecation across connected platforms. Holdings accrue value as those returns compound directly into the FBTC denomination.
Ignition FBTC has a total supply of 10,969.49 tokens. Currently, 10,969.49 are in circulation. The protocol does not enforce a hard supply cap, letting token quantity expand and contract in lockstep with verified reserve Bitcoin movements. With a market capitalization of $854,803,912, Ignition FBTC ranks #8,311 among all cryptocurrencies.
Function FBTC Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 07/07/2026 | $63,233.00 | $63,551.00 | $64,543.00 | $62,829.00 |
| 06/07/2026 | $62,716.00 | $63,233.00 | $63,793.00 | $61,194.00 |
| 05/07/2026 | $62,987.00 | $62,896.00 | $63,123.00 | $61,659.00 |
| 04/07/2026 | $62,253.00 | $62,986.00 | $63,541.00 | $62,147.00 |
| 03/07/2026 | $61,953.00 | $62,150.00 | $62,338.00 | $61,116.00 |
| 02/07/2026 | $59,938.00 | $61,954.00 | $62,748.00 | $59,277.00 |
| 01/07/2026 | $58,730.00 | $59,823.00 | $60,384.00 | $57,837.00 |
| 30/06/2026 | $60,180.00 | $58,494.00 | $60,180.00 | $58,052.00 |
Why is manual trading Function FBTC a bad idea?
Manual fbtc trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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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
FAQ
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Function FBTC (FBTC) 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 FBTC price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Function FBTC (FBTC) is $63163. Over the last 24 hours, it has moved 0.89%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Function FBTC 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 FBTC 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. -
Function FBTC's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - FBTC 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.
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We can’t provide investment advice. Whether Function FBTC 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.
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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.
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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. FBTC can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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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.
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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.
