About Proxy PRXY

Bitcoin Proxy offers a unique institutional-grade wrapped Bitcoin solution that leverages Polygon technology to bring Bitcoin to DeFi with no gas and no slippage. Unlike other wrapped bitcoin offerings, Bitcoin Proxy provides decentralized governance via the PRXY token, insured custody through its partner Hex Trust, and a user-friendly interface to make wrapping bitcoin easy for retail users and institutions alike. In combination, the ProxyRelay solution reduces transaction costs, eliminates slippage, and significantly reduces counterparty risk to make it easier than ever to wrap your bitcoin to participate in DeFi platforms both on Ethereum and Polygon. By confirming Bitcoin blocks onto an Ethereum smart contract using a MATIC side chain, BTC Proxy enables gasless minting of its wrapped Bitcoin product, BTCpx, and low redemption fees with fast confirmations in under 30 minutes. No KYC is needed. Users can stake PRXY tokens to farm Bitcoin Rewards paid in BTCpx, which is redeemable for BTC.

Proxy (PRXY) Price Data

Proxy (PRXY) price has increased today.

Proxy price today is $0.0372 with a 24-hours trading volume up by -- %. PRXY price is up in the last 24 hours. It has a circulating supply is 8.15M PRXY coins and a total supply of 8.15M.

What is the highest price for Proxy?

The all-time high price of Proxy is $32.313 on Jan 1, 2022.

What is the lowest price for Proxy?

The all-time low price of Proxy is $0.000123 on Feb 15, 2024.