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![TheDAppAnalyst Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1479998430109962244.png) The DApp ₳nalyst [@TheDAppAnalyst](/creator/twitter/TheDAppAnalyst) on x 12.3K followers
Created: 2025-06-21 16:53:48 UTC

1/

Indigo lets you mint synthetic Bitcoin $iBTC, fully backed by on-chain $ADA collateral.

No wrapped BTC.
No bridges.
No middlemen.

Just pure, decentralized Bitcoin exposure secured by Cardano.

BUT WAIT..


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1936467602483872062/c:line.svg)

**Related Topics**
[decentralized](/topic/decentralized)
[wrapped btc](/topic/wrapped-btc)
[$ada](/topic/$ada)
[onchain](/topic/onchain)
[$ibtc](/topic/$ibtc)
[dapp](/topic/dapp)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/TheDAppAnalyst/status/1936467602483872062)