Bedrock Q1 2026 Report
Project Introduction
Bedrock is the first multi-asset liquid restaking protocol, pioneering Bitcoin staking via uniBTC. As the leading BTC liquid staking token, uniBTC unlocks liquidity and yields in Bitcoin’s $1T market. With a cutting-edge BTCFi 2.0 approach, Bedrock integrates ETH and DePIN assets into a unified PoSL framework.
Bedrock continues its rapid multi-chain expansion. Following its recent $BR deployment to Solana, Bedrock has now launched uniBTC on the network, broadening access to BTC-backed yield. This move spearheads a wider push to bring Bedrock to more ecosystems in 2026.
Key Metrics
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TVL = $470M
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uniToken Holders = 110,113
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All-time high BTC Reserve = 6,200 BTC
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Total chains supported = 19+
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Total DeFi integrated = 60+
Bedrock’s TVL is built on a clear foundation: uniBTC serves as our primary liquidity anchor, comprising nearly 80% of our total value. We complement this core with brBTC, our "BTC 2.0" flagship, which offers 15% in strategic diversification. The final 5% is optimized across uniETH and uniIOTX
This structure highlights Bedrock’s strategy: prioritizing deep liquidity for our flagship BTC assets while selectively scaling utility across the rest of the ecosystem.
As of March 19, Bedrock’s uniBTC staked volume stands at 4,578.9 uniBTC. Throughout a year defined by market-wide volatility, uniBTC demonstrated exceptional resilience, maintaining a disciplined baseline above 4,000 uniBTC regardless of external headwinds.
Following a June 2025 peak of 4,956 and a brief consolidation, March saw a sharp 10.8% MoM recovery.
This rebound validates our user retention and sets a strong growth foundation for the upcoming quarter in the BTCFi ecosystem.
BR Token Metrics
|
Field |
Value |
|
Market Cap |
$23M |
|
Fully Diluted Valuation (FDV) |
$88.07M |
|
Circulating Supply |
261.25M |
|
Total Supply |
1,000,000,000 |
|
Token Holders |
83,950 |
Performance Highlights
Institutional Underwriting and delegator:
Bedrock became a lead partner for Cap, scaling to over $135M in total delegated capital (largest delegator). In a unique dual-participation model, Bedrock acts as both a Delegator (staking $uniBTC to vouch for institutional operators) and an Operator (executing on-chain market-neutral strategies), delivering sustainable, USD-denominated "Real Yield" to Bitcoin stakers.
Base Ecosystem Expansion & $OP Incentives:
Successfully deployed to Base, establishing deep $uniBTC liquidity on Uniswap and PancakeSwap. Strategic integration with Morpho Labs enabled $uniBTC-collateralized USDC borrowing, further incentivized by $OP token rewards.
Institutional Security via Chainlink Secure Mint:
Bedrock successfully integrated Chainlink’s Secure Minting architecture to provide decentralized, programmatic verification for $uniBTC. This ensures that every minted token is verified as fully collateralized on-chain before issuance, providing an institutional-grade security standard that mitigates cross-chain risks, and meeting the rigorous audit standards required by institutional allocators.
Future Outlook / Roadmap
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AI Integration: Expanding the $BR value proposition by integrating exclusive AI model access, allowing users to utilize $BR for advanced features.
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Protocol Governance & Fees: Deepening $BR's role within the Bedrock ecosystem through upcoming governance mechanics and fee-capture utilities to drive long-term sustainability and value for holders.
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Advanced Yield Vaults: Scaling Next-Gen Yield Vaults to automate multi-chain BTCFi strategies, providing sophisticated, risk-adjusted pathways for productive Bitcoin capital.
Additional Information
Social Media Links: Official Twitter / Telegram / Discord
Point of Contact: Doubleooh8 | nisan@rockx.com