Bitfi is a CeDeFi platform designed to provide a real-yield solution for Bitcoin holdings, offering both Bitcoin and a Bitcoin-pegged stablecoin within a combined decentralized and centralized financial system.^[1][2]

Overview

Founded in 2024, Bitfi is a CeDeFi platform designed to enhance Bitcoin returns through a real-yield solution. It uses on-chain technology alongside off-chain strategies to manage staked BTC assets securely. The platform offers both Bitcoin and a Bitcoin-pegged stablecoin, aiming to provide a stable environment for asset management in various market conditions.^[1][2][3]

Products

Yield Generation

Bitfi is designed to increase returns on staked BTC using a secure and diversified approach, incorporating staking, DeFi, CeFi mechanisms, and financial strategies.^[1]

Synthetic Dollar and Internet Bond

Bitfi's Synthetic Dollar can be minted using various staked assets. This process aims to generate additional yield through smart hedging and on-chain rewards.^[1]

Staking

BFBTC is a Bitcoin-backed yield token that aims to utilize risk-free arbitrage to unlock Bitcoin's potential. It seeks to optimize yields while maintaining BTC positions and ensuring deep liquidity with institutional-grade security. The platform features an auto yield-sharing mechanism that supports asset managers in centralized finance (CeFi) and explores high-yield opportunities in decentralized finance (DeFi). By integrating CeFi and DeFi, Bitfi aims to create a balanced ecosystem.^[1]