rtBTC: a BTCB-linked asset on BNB Smart Chain
rtBTC is a BTCB-linked asset issued by Cicada Finance on BNB Smart Chain. Its value follows BTCB exposure and can move with Bitcoin; it is not a stablecoin and does not target a fixed US dollar value.
Pre-launch product information. rtBTC trading is currently disabled in the Cicada Finance market. Contract details and availability will be published with launch confirmation.
Value and underlying exposure
rtBTC represents participation in a BTCB-denominated asset framework. Its value depends on the underlying exposure and strategy operations, rather than a fixed dollar NAV. BTCB itself introduces peg and custody dependencies.
Subscription and redemption
Check the market interface for supported subscription assets, minimums, and current availability. Submit redemption requests during the monthly three-day window. A seven-day settlement period follows before assets become claimable. Processing may take longer because of custody, liquidity, compliance, or technical conditions.
wrtBTC for DeFi
wrtBTC is the non-rebasing, ERC-4626-compatible wrapped version of rtBTC. Its balance stays fixed while value is reflected through the wrapper-to-underlying exchange rate. Wrapping adds smart contract and integration risk.
Secondary-market liquidity
Supported AMM pools may provide liquidity outside redemption windows. Execution depends on pool depth, and large trades may face material slippage or reference-value deviations.
Risks
Bitcoin volatility and BTCB peg risk affect this product. Participation carries strategy, market, smart contract, custody, liquidity, redemption, and operational risks. Principal, yield, reference value, and continuous liquidity are not guaranteed.
rtBTC on BNB Smart Chain
rtBTC is a BTCB-linked asset issued by Cicada Finance on BNB Smart Chain. Its value follows BTCB exposure and can move with Bitcoin; it is not a stablecoin and does not target a fixed US dollar value.
Contract details are pending launch confirmation.
Frequently asked questions
Is rtBTC a stablecoin?
No. rtBTC follows BTCB-linked value and can fluctuate with Bitcoin prices and BTCB market conditions. It does not target a fixed US dollar value.
How is rtBTC different from rtUSQ?
rtUSQ is a dollar-denominated QuantFi asset with a US$1.00 NAV reference. rtBTC provides BTCB-linked exposure, so its dollar value can change with Bitcoin.
What is wrtBTC?
wrtBTC is the non-rebasing, ERC-4626-compatible wrapped version of rtBTC. Its balance stays fixed while value is reflected through the wrapper-to-underlying exchange rate. Wrapping adds smart contract and integration risk.
How do I redeem rtBTC?
Submit redemption requests during the monthly three-day window. A seven-day settlement period follows before assets become claimable. Processing may take longer because of custody, liquidity, compliance, or technical conditions.
Can I redeem wrtBTC directly into BTCB?
Unwrap wrtBTC into rtBTC first. Further redemption follows the rtBTC window, settlement process, and protocol rules; the wrapper does not guarantee instant BTCB redemption.
What are the main risks?
BTCB peg risk, Bitcoin price volatility, wrapper risk, and oracle or pricing risk apply alongside other product risks. Participation carries strategy, market, smart contract, custody, liquidity, redemption, and operational risks. Principal, yield, reference value, and continuous liquidity are not guaranteed.
Sources and product terms
Refer to current issuer documentation and the transaction interface for availability, eligibility, fees, and live rates.