What is Rings scBTC (SCBTC)?
Rings is the meta-stable protocol of Sonic chain. It serves as the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Users can bridge ETH and stablecoins from Mainnet to Sonic, mint scETH and scUSD and scBTC, stake them for stkETH and stkUSD and stkBTC to generate yield, or lock them for veETH and veUSD and veBTC to access governance power.
Where can you buy Rings scBTC?
Rings scBTC (SCBTC) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for SCBTC sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for SCBTC. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.