# BitFi

BitFi helps Bitcoin holders earn yield by combining centralized and decentralized finance strategies through liquid staking tokens.

BitFi helps Bitcoin holders and institutional investors earn yield by combining centralized and decentralized finance strategies through its asset management platform. Users can stake Bitcoin to receive yield-bearing tokens, access DeFi opportunities across multiple blockchains, and earn returns through delta-neutral quantitative trading strategies. BitFi manages assets through institutional custody partnerships and deploys funds across CeFi and DeFi protocols.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2022-04-01
- Profile: https://thegrid.id/profiles/bitfi

## Products

- [BitFi](https://thegrid.id/profiles/bitfi): BitFi is an asset management platform combining CeFi and DeFi yield strategies for Bitcoin and stablecoin holders. The platform deploys user assets through institutional custody partners into quantitative trading strategies including funding rate arbitrage and basis trading, while enabling cross-chain DeFi participation. Users receive yield-bearing tokens that accrue returns through exchange rate updates. (Live, Main Product)

## Assets

- [BitFi Bitcoin (bfBTC)](https://thegrid.id/profiles/bitfi): bfBTC is a liquid staking token representing staked Bitcoin on the BitFi protocol. It is used to maintain liquidity while earning yield, allowing holders to access DeFi opportunities across multiple blockchains without unstaking their Bitcoin. The token accrues value through delta-neutral trading strategies that capture funding rate arbitrage and basis spreads, generating returns for bfBTC holders while preserving Bitcoin exposure. (Liquid Staking Tokens (LSTs))
- [BitFi Token (BFI)](https://thegrid.id/profiles/bitfi): BFI is the governance token of BitFi, an on-chain asset management platform combining centralized and decentralized finance strategies. It is used to participate in protocol governance and earn rewards from platform activities, with users depositing BTC to receive yield-bearing tokens backed 1:1 by real BTC held in custody. The protocol democratizes institutional-grade delta-neutral yield strategies through funding rate arbitrage and basis trading, previously exclusive to high-net-worth individuals and treasury companies. (Governance)

## Links

- [Main](https://bitfi.one)
- [Media Kit/branding](https://www.bitfi.one/brand-assets)
- [Documentation](https://bitfi-2.gitbook.io/bitfi)
- [Twitter / X](https://x.com/Bitfi_Org)
- [Telegram](https://t.me/bitfi_org)
- [Discord](https://discord.gg/MRNjNACS5R)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP