Less Noise, More Sats.

The Bitcoin liquidity hub of Base.

Launch

Scroll for More

Total Value LockedSoon
Global Collateral RatioSoon
Loans IssuedSoon

Introducing

Bitcoin Backed
Stability

gynUSD

A Bitcoin backed ecosystem

Borrowing

Borrow up to 90.91% LTV on cbBTC, far above multi-asset markets. Predictable rates, and your Bitcoin stays yours.

Trading

A concentrated-liquidity DEX gives cbBTC and gynUSD their deepest market on Base, with fees flowing back in, not out.

Stability

gynUSD is always redeemable for $1 of BTC onchain. If it dips, arbitrage pushes it back, with no central party.

Earning

Stake gynUSD in the Stability Pool to earn borrower interest. Real yield from borrowing demand, not token inflation.

Introducing

GYND & bGYND

GYND is the protocol's fee token. Stake it to earn a share of revenue from every part of the system, with no lock-ups, no vesting, no withdrawal delays.

bGYND is how incentives get paid out. Backed 1:1 by GYND, it can be staked to earn rewards and converts to GYND for a small discount whenever you choose.

Contract Address

Coming Soon

Tokenomics

Core Values

Transparency

Open code and on-chain data.

Security

Security first engineering and audited code.

Autonomous

Governance light, autonomy first.

Efficiency

Fast execution and capital efficiency.

Simplicity

Intuitive minting and position management.

Sustainability

Built to endure market cycles.

Don't trust, verify

Open Sourced & Audited from Day 1

Security and transparency is at our core.
Don’t take it from us, see for yourself.

GitHub

FAQsFrequentlyAskedQuestions

What is Gyndore?

What makes Gyndore different?

Who is Gyndore for?

What can I do on Gyndore?

What is gynUSD?

What is GYND and bGYND?

Who is building Gyndore?

Gyndore is the Bitcoin liquidity hub of Base, Coinbase's Ethereum L2. It is built exclusively around cbBTC, Coinbase's token backed 1:1 by Bitcoin and the only collateral it accepts. One place to borrow against your Bitcoin, trade it, and earn on it.

Base has growing cbBTC adoption, but nowhere built around it. General money markets price your Bitcoin against every other asset they list, so holders get worse terms than they deserve. Gyndore accepts one collateral only, and builds the borrowing, trading, and yield rails around it.

Long-term holders who want liquidity without selling their Bitcoin. Yield seekers who want returns paid out of real borrowing demand rather than token inflation. And traders and liquidity providers who want dedicated Bitcoin markets on Base.

Three things, and they compound. Borrow against your cbBTC at up to 90.91% LTV. Trade on a dedicated cbBTC DEX. Earn yield paid out of what borrowers actually pay. More borrowing means more yield, and deeper liquidity brings in more borrowers.

gynUSD is the dollar you mint against your Bitcoin, the liquidity you spend, trade, or earn on. It stays fully backed by collateral, and anyone can redeem it onchain for a dollar of Bitcoin. That is what holds the peg.

GYND is the protocol's fee token. Stake it to earn a share of revenue from across the system, with no lock-ups, vesting, or withdrawal delays. bGYND is how incentives get paid: for liquidity, DropWave, and airdrops. Backed 1:1 by GYND, it can be staked to earn rewards and converts to GYND at a discount whenever you like.

Ayeteasea, a blockchain development firm building autonomous, transparent DeFi protocols on EVM chains, with open-source contributions across the space.

Bitcoin BackedStability