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BitU Protocol

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Category: CDP
TVL: $20M

BitU Protocol


BitU Protocol develops and operates a decentralized credit network and omni-trading hub centered on the overcollateralized, USD-pegged $BITU stablecoin. Users can mint $BITU with supported collateral, stake it to receive $sBITU and earn yield, redeem collateral, and use $BITU as collateral for margin trading, perpetuals, and token trading across aggregated centralized-exchange order books. The protocol's Active Liquidity Management Module uses off-chain lending and market-neutral strategies to generate yield while collateral remains held with custodians. Minting is initially restricted to whitelisted partners, while holding and staking are permissionless.