# Echo Protocol

> Bitcoin Staking & Liquidity Layer

Echo Protocol aggregates Bitcoin liquidity across chains, enabling users to bridge BTC assets and earn yield through unified liquid staking tokens and DeFi strategies.

Echo Protocol aggregates fragmented Bitcoin liquidity from native BTC, wrapped tokens, and liquid staking tokens into unified cross-chain assets. Users bridge Bitcoin to receive chain-specific liquid tokens like aBTC on Aptos, enabling participation in lending markets, yield strategies, and DeFi protocols while maintaining liquidity. The protocol integrates with Bitcoin Layer 2 networks and uses Proof-of-Reserve to ensure transparent backing of issued tokens.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2024-08-01
- Profile: https://thegrid.id/profiles/echo_protocol

## Products

- [Echo Vault](https://thegrid.id/profiles/echo_protocol): Echo Vault implements Bitcoin liquid staking across multiple blockchains, accepting native BTC, wrapped tokens, and liquid staking tokens to mint unified chain-specific assets. Users deposit supported Bitcoin assets and receive liquid representations like aBTC on Aptos, mBTC on Movement, or mphBTC on Morph, backed 1:1 by deposited assets. The system uses Proof-of-Reserve verification through Chainlink and Redstone oracles to ensure transparent collateralization and prevent depegging risk. (Liquid Staking, Live, Main Product)
- [Echo Lending](https://thegrid.id/profiles/echo_protocol): Echo Lending implements decentralized borrowing and lending markets for Bitcoin-backed assets and stablecoins on Aptos. Users supply aBTC, APT, eAPT, zUSDT, or zUSDC as collateral to borrow supported assets, with interest rates determined algorithmically based on utilization. The protocol enables Bitcoin holders to access leverage or liquidity without selling their BTC holdings while maintaining exposure through liquid staking tokens. (Decentralised Borrowing & Lending, Live)
- [Echo Strategy](https://thegrid.id/profiles/echo_protocol): Echo Strategy implements automated yield optimization for Bitcoin assets through curated DeFi strategies on Aptos. The system deploys users' aBTC across lending protocols, liquidity pools, and staking opportunities based on configurable risk parameters. Strategies include safe lending yields, moderate liquidity provision through partners like Aries and Cellana, and leveraged positions, with automated rebalancing to maximize returns while managing gas costs. (Yield Aggregator, Live)

## Assets

- [Aptos BTC (aBTC)](https://thegrid.id/profiles/echo_protocol): aBTC is a liquid staking token representing Bitcoin on Aptos, issued by Echo Protocol. It is used as collateral in lending markets, for liquidity provision, and in automated yield strategies across Aptos DeFi protocols. The protocol converts supported Bitcoin assets such as native BTC, wrapped tokens, and other forms into the unified aBTC standard, backed 1:1 by deposited assets and verified through Proof-of-Reserve oracles. (Liquid Staking Tokens (LSTs))
- [Movement BTC (mBTC)](https://thegrid.id/profiles/echo_protocol): mBTC is a liquid staking token representing deposited Bitcoin assets on the Movement Network, issued through Echo Protocol's aggregation infrastructure. It is used alongside other chain-specific tokens like aBTC on Aptos and mphBTC on Morph to provide liquidity and access DeFi yield opportunities. (Liquid Staking Tokens (LSTs))
- [Morph BTC (mphBTC)](https://thegrid.id/profiles/echo_protocol): mphBTC is a liquid staking token representing Bitcoin deposits on the Morph Layer 2 network. It is minted through Echo Vault by depositing uBTC, wBTC, or enzoBTC, allowing holders to maintain liquidity while their Bitcoin is deployed in DeFi strategies. The token is backed 1:1 by deposited Bitcoin assets, with collateralization verified through Proof-of-Reserve oracles to ensure transparent backing and prevent depegging risk. (Liquid Staking Tokens (LSTs))
- [IOTA BTC (iBTC)](https://thegrid.id/profiles/echo_protocol): iBTC is a liquid staking token representing Bitcoin on the IOTA network, issued by Echo Protocol. It is minted through the IOTA Vault by bridging native BTC, liquid staking tokens, and wrapped Bitcoin onto IOTA. Holders can mint VUSD through Virtue protocol and access lending, staking, and other DeFi opportunities within the IOTA ecosystem. (Liquid Staking Tokens (LSTs))
- [Starknet BTC (eBTC)](https://thegrid.id/profiles/echo_protocol): eBTC is a liquid staking token representing unified Bitcoin deposits on Starknet. It is used as collateral in lending markets, for liquidity provision, and across DeFi protocols on the network. The token aggregates multiple forms of Bitcoin into a single asset, allowing holders to access Starknet DeFi while maintaining exposure to their underlying BTC. (Liquid Staking Tokens (LSTs))
- [Solana BTC (SolBTC)](https://thegrid.id/profiles/echo_protocol): SolBTC is a unified Bitcoin token issued by Echo Protocol for the Solana blockchain. It is used as collateral in lending markets, for liquidity provision, and to access yield strategies while maintaining Bitcoin exposure. Users deposit various forms of Bitcoin into Echo's vault and receive SolBTC, which aggregates fragmented Bitcoin liquidity into a single token backed 1:1 by Bitcoin assets verified through Proof-of-Reserve systems. (Liquid Staking Tokens (LSTs))
- [Echo APT (eAPT)](https://thegrid.id/profiles/echo_protocol): eAPT is a liquid staking token representing staked APT or aBTC on Echo Protocol. It is used to earn native staking rewards on Aptos and can be deployed as collateral in lending markets. Once Echo restaking goes live, eAPT holders will be able to earn additional rewards by opting in to secure Move-VM based AVSs, which are decentralized services that require validators to perform specific tasks to maintain network security and functionality. (Restaked Tokens)
- [Echo (ECHO)](https://thegrid.id/profiles/echo_protocol): ECHO is the governance token of Echo Protocol on Aptos. It is used to vote on protocol upgrades and direct token emissions across lending pools. Holders can lock their tokens to receive vetwECHO, a vote-escrowed mechanism that grants long-term stakers greater voting power to influence which lending markets receive ECHO rewards. (Governance)

## Links

- [Main](https://www.echo-protocol.xyz)
- [Documentation](https://echo-protocol.gitbook.io)
- [Twitter / X](https://x.com/EchoProtocol_)
- [Discord](https://discord.gg/echo-protocol)
- [Telegram](https://t.me/+A-4noJ54900xNmI9)
- [GitHub](https://github.com/echo-proto)
- [Medium](https://medium.com/@Echoprotocol)

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