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About Bedrock
Analysis of 27 Mar 2026Bedrock (BR) is the first multi-asset liquid restaking protocol, pioneering Bitcoin staking through its flagship product uniBTC. Built in partnership with RockX, the protocol enables holders to earn restaking rewards while maintaining liquidity across 19+ blockchains including Ethereum, BNB Chain, Arbitrum, and Base.
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With approximately $459M in TVL across its products (uniBTC, brBTC, uniETH, uniIOTX), Bedrock operates at the intersection of Bitcoin DeFi and liquid staking. The BR token launched in March 2025 via a Binance Wallet IDO that saw 9,653% oversubscription, raising approximately $123M in BNB.
Trading around $0.18 with a market cap near $44M at rank ~492, the protocol uses a Proof of Staking Liquidity (PoSL) mechanism with a dual-token model (BR/veBR) for governance and enhanced rewards.
