sBTC SECURITY REVIEW

AUTHOR
KRISTIAN APOSTOLOV, ALIN BARBATEI (ABA),
MARCHEV
PUBLISHED
JANUARY 5TH, 2025
FINDINGS COUNT
27

sBTC is a 1:1 Bitcoin-backed asset that enables users to utilize their BTC within DeFi, decentralized applications, and other blockchain-based ecosystems. Designed to bring Bitcoin’s security and liquidity into programmable environments, sBTC expands Bitcoin’s utility beyond simple transactions.

Bitcoin Finality

All Stacks transactions, including those that involve sBTC, benefit from 100% Bitcoin finality. This means transactions on Stacks, once confirmed, are as irreversible as Bitcoin’s.

Programmability

Access a world of new use cases for Bitcoin thanks to Clarity, a full featured smart contract language optimized for security and predictability.

Censorship-resistance

sBTC operations happen on the Bitcoin main chain, meaning that external actors cannot censor these operations.

Summary of Findings

1

HIGH FINDING

4

MEDIUM FINDINGS

5

Low FINDINGS

17

QA FINDINGS