BitFi is a CeDeFi yield platform issuing bfBTC (yield-bearing Bitcoin LST) and bfUSD (yield-bearing USD stablecoin) backed by delta-neutral basis trading via Ceffu MirrorX custody.
Mint bfUSD, then pick how you leave — a slow 3-epoch queue with no fee, or an instant paid exit limited by quota.
Deposit USDT or USDC and the protocol mints bfUSD 1:1 against the collateral, priced via Chainlink oracles. The collateral is then routed off-chain into the yield engine — bfUSD itself only earns yield once staked into the Horizon or Pulsar vault.
Live signals detected by Sentinel monitors across all five risk classes.
See each alert's affected component, root-cause analysis, and recommended action. Pro members get the full risk breakdown for every protocol.
Bitcoin holders and stablecoin savers lack access to institutional-grade basis-trading yield without surrendering custody to a single CEX; existing stablecoin vaults offer no tranched risk options or insurance buffer.
BitFi mints bfBTC and bfUSD against deposited BTC/USDT/USDC and routes collateral to Ceffu MirrorX for delta-neutral basis trading. bfUSD holders pick between a low-risk Horizon vault and a higher-yield Pulsar vault, with Pulsar acting as a loss-absorbing buffer for Horizon.
Tranched stablecoin vault design (Horizon vs Pulsar) layered on top of CeFi basis trading, plus a BTC-native variant deployed across 7+ chains. Custodial backing via Ceffu MirrorX rather than self-custody. Audited by SlowMist (bfBTC 2024-12, bfUSD 2025-12).
BitFi is a Stablecoin protocol operating on Ethereum, BSC, Base, Hemi, Bitlayer, Core, AILayer. BitFi is a CeDeFi yield platform issuing bfBTC (yield-bearing Bitcoin LST) and bfUSD (yield-bearing USD stablecoin) backed by delta-neutral basis trading via Ceffu MirrorX custody.
BitFi mints bfBTC and bfUSD against deposited BTC/USDT/USDC and routes collateral to Ceffu MirrorX for delta-neutral basis trading. bfUSD holders pick between a low-risk Horizon vault and a higher-yield Pulsar vault, with Pulsar acting as a loss-absorbing buffer for Horizon.
DeFi Sentinel rates BitFi C with a safety score of 49/100, indicating rated risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. BitFi has 2 audits on record. DeFi Sentinel's analysis flagged 6 high, 5 medium, 4 low risk alerts across Smart Contract & Technical Risk, Economic Design & Market Risk, Governance & Centralization, Sustainability & Competitive Position and Reputation & Social Trust. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
BitFi has a DeFi Sentinel safety score of 49/100 (rating C), last updated May 21, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
BitFi is deployed on Ethereum, BSC, Base, Hemi, Bitlayer, Core, AILayer.
Yes. BitFi has 2 audit reports on record from firms including SlowMist, SlowMist. Audit reports and dates are linked under the Resources tab on this page.
