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Earn BTC

Grow your Bitcoin holdings by putting your wrapped BTC (WBTC, BTCB) — or TeleBTC — to work in TeleSwap pools and earning BTC yield from trading activity. When users swap, they trade against these pools, and liquidity providers earn a share of the fees.

How it works

  1. Go to Earn BTC in the app.
  2. Pick a pool on a supported chain (for example, TeleBTC–BTCB on BNB).
  3. Add liquidity with the pool's wrapped-BTC token (e.g. BTCB or WBTC). You receive an LP position.
  4. Collect fees in BTC as trading occurs, and Remove liquidity whenever you want.

What you see

MetricMeaning
APRAnnualized return from trading fees (varies with volume)
Total liquidityTotal value in the pool
Your liquidityYour share of the pool

Tabs in the app: Add Liquidity · Collect Fees · Remove Liquidity.

Effectively no impermanent loss

Unlike a typical AMM pool, both sides of these pools are Bitcoin — TeleBTC paired with wrapped BTC (e.g. BTCB or WBTC) — and they trade in a very narrow range around 1:1. Because the two assets track each other, there's effectively no impermanent loss: you're not exposed to one asset diverging from the other the way you would be in, say, a BTC/USDC pool. Returns still depend on trading volume and aren't guaranteed, but the usual headline risk of providing liquidity doesn't really apply here.

Coming soon: native BTC staking

Today you earn BTC yield by providing wrapped BTC (WBTC, BTCB) liquidity. Native BTC staking is on the way — stake BTC directly and earn yield, without wrapping or providing liquidity. This page will be updated when it launches.

Related: Stake TST · AMM / DEX.