Underlying Asset Price Variation

Different underlying assets are used for deposits on different chains:

• Bitcoin: BTC

• Ethereum: WBTC

• Binance Smart Chain: BTCB

• Bitlayer: BTC (native token/gas token)

On Bitcoin, Ceffu mirrors BTC assets to the exchange at a 1:1 ratio. Ideally, depositing 1 BTC yields bfBTC based on the ratio corresponding to 1 BTC.

Binance Smart Chain's BTCB is backed by Binance at a 1:1 exchange rate. Depositing 1 BTCB yields bfBTC based on the ratio corresponding to 1 BTC (1 BTCB = 1 BTC).

Ethereum's WBTC has price fluctuations; deposits are calculated based on the Chainlink Oracle price.