Endur.Fi Staked WBTC
XWBTC
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XWBTC (Endur.Fi Staked WBTC) is a Bitcoin liquid staking token operating on Starknet. The protocol demonstrates solid technical development and functional integrations across Starknet DeFi primitives (Vesu, Ekubo, Troves, Nostra), alongside a clean historical security record with no recorded hacks, exploits, or depegs. However, its overall profile is constrained by very low secondary market liquidity, minimal trading volume, and a small market cap (~$3.85M). Community governance is absent, with control held via multisig and timelock without on-chain DAO mechanisms. Furthermore, while the protocol self-reports independent audits, specific auditing firms and verification reports remain unconfirmed in public sources. The token also inherits layered counterparty risks associated with BitGo's centralized custody of WBTC and Starknet's nascent Bitcoin staking ecosystem.
Development Activity
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Community Support
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Tokenomics
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Market & Use Case
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Team & Governance
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Security & Audits
Security history and audit status
About Endur.Fi Staked WBTC (XWBTC)
Endur.Fi Staked WBTC (xWBTC) is a liquid staking token issued by Endur.fi on the Starknet network. It functions as a receipt token representing Wrapped Bitcoin (WBTC) staked within the Endur protocol, enabling depositors to retain liquidity and earn rewards while holding a derivative claim on their underlying Bitcoin assets. The protocol was developed by strkfarm in collaboration with Karnot.
The token utilizes a dynamic supply model driven strictly by user staking and redemption activity, operating without traditional token inflation, pre-mines, or insider vesting schedules. Within the Starknet ecosystem, xWBTC is integrated into decentralized finance platforms such as Vesu, Troves, Ekubo, and Nostra for lending, borrowing, and liquidity provision. The protocol applies a 15% fee on staking rewards.
Governance of the protocol is managed through a multi-signature arrangement with geographic distribution and timelocks rather than an on-chain decentralized autonomous organization (DAO). The token carries structural counterparty risks, including reliance on BitGo's centralized custodial model for WBTC and dependence on Endur's smart contract infrastructure. While the protocol reports that independent security audits have been performed, specific auditor names and formal audit reports remain unverified in public sources. Furthermore, the token maintains limited secondary market liquidity, near-zero daily trading volumes, and a small market capitalization.