TeleSwap Earn — Put your Bitcoin to work

The yield gap

Most Bitcoin yield rounds to zero.

The best-known BTC yield products pay well under 5% a year, and often in another token. TeleSwap Earn pays in BTC.

TeleSwap Earn · BTC7-day avg · paid in BTC

24.8%

TeleSwap Earn · BTCB7-day avg · paid in BTC

24.8%

TeleSwap Earn · WBTC7-day avg · paid in BTC

11.34%

Typical BTC yield productsstaking, lending, LSTs

0.5–5%

Lombard LBTCbase yield via Babylon

~1%

Babylon native stakingpaid in BABY tokens

0.04–0.6%

Competitor figures from public 2026 sources: crypto.news (Babylon), Stacks (Lombard), btc-staking guide (typical range). Each product carries different risks.

Evidence

Don't trust us. Check the pools.

These screenshots come from PancakeSwap and Uniswap, not from TeleSwap. Search "btcb" or "wbtc" on either exchange and you'll find the teleBTC pool yourself.

APR of the BTCB pools listed on PancakeSwap, at 20.73% with no CAKE farm rewards added

8.5×

Daily volume vs. liquidity. PancakeSwap's largest BTCB pool does 1.5×.

By 24h volume among all WBTC pools on Uniswap Polygon

PancakeSwap · BNB ChainAll pools, search "btcb"TELESWAP POOL

PancakeSwap pool list filtered for BTCB, showing TELEBTC/BTCB with 20.73% APR, $227,808 TVL and $1,943,031 24h volume

teleBTC / BTCB: 20.73% APR. That's the highest APR on this list, and it comes entirely from fees. The leaf icon on other rows marks extra CAKE farm rewards, and this pool has none. $1.94M of volume a day through $228K of liquidity.

Uniswap v3 · PolygonPools, search "wbtc", sorted by 1D volumeTELESWAP POOL

Uniswap Polygon pool list for WBTC, showing TELEBTC/WBTC ranked number 2 by 1-day volume with $802.7K volume and $12.0M 30-day volume

teleBTC / WBTC: #2 by daily volume among all WBTC pools on Polygon. It turns over its liquidity 4.75× a day, the most on this list.

All screenshots taken Nov 13, 2026. Live pools: PancakeSwap · Uniswap

"Too good to be true?"

Why the APR is high, and why it's real.

High BTC yield usually means token emissions, leverage, or something worse. This one comes from real trading volume going through a small pool.

TeleSwap's bridge sends real swap volume through these pools every day. DefiLlama tracked about $40M of TeleSwap DEX volume in 30 days. The BTCB pool holds only about $228K, so each dollar in it gets swapped through about 8.5 times a day. Every swap pays a fee.

No farm token. No points. No lock-up. Just swap fees, and you can recompute them yourself.

Do the math · teleBTC/BTCB

24h swap volume$1,943,031

× pool fee0.01%

= fees earned today$194

× 365 days$70,921

÷ pool liquidity$227,809

= APR≈ 31%

Matches the 32.97% latest daily APR on TeleSwap. Inputs taken from the PancakeSwap screenshot above.

What happens as the pools grow

More liquidity brings more volume.

"Won't the APR collapse when more BTC comes in?" It will come down from today's peak, but not to zero. Deeper pools attract more swap volume, so fees grow with them.

01 · DEEPER POOLSMore BTC in the pools means larger swaps go through with less slippage.

02 · MORE FLOWBetter prices let TeleSwap take bigger orders and win more routing from aggregators.

03 · MORE FEESMore volume means more fees for every depositor, which keeps APR strong as TVL grows.

Scenario: $2M in the pool (~5× today)

Case	Daily volume	Turnover	APR
Conservative	$4M	2× / day	7.3%
Moderate	$6M	3× / day	11.0%
Strong	$10M	5× / day	18.3%

Same 0.01% fee tier and formula as above. For reference, the teleBTC/BTCB pool turns over 8.5× a day today, and PancakeSwap's WBNB/BTCB 0.01% pool turns over 6.2× with $4.5M in it. Even the conservative case is above the typical 0.5–5% BTC yield. These are illustrations, not promises.

How it works

Three steps. Bitcoin in, Bitcoin out.

One asset, no pairing with stablecoins or altcoins, and nothing to manage.

Deposit your BTC

Native BTC from your Bitcoin wallet, BTCB on BNB Chain, or WBTC on Polygon.

It powers TeleSwap's swaps

People moving Bitcoin between chains with TeleSwap swap through BTC-to-BTC pools: teleBTC/BTCB on PancakeSwap and teleBTC/WBTC on Uniswap. Your deposit is the liquidity those swaps use.

Earn fees in BTC

Every swap pays a fee, and you get your share in Bitcoin. Your position grows in BTC terms. Withdraw anytime.

WHY NO IMPERMANENT LOSS?

Impermanent loss happens when the two assets in a pool move apart in price, like BTC and USDC. Here, both sides of the pool are Bitcoin, so when BTC moves the whole pool moves with it. The one exception is if teleBTC lost its peg, which is covered below.

Risks

What could go wrong. Straight answers.

No yield is risk-free. Here's what you're taking on, so you can decide with the full picture.

The APR moves

It's driven by swap volume. If volume drops, or more liquidity joins faster than volume grows, the APR falls. Over the last 30 days the BTC and BTCB daily APR ranged from about 12% to 33%, and WBTC from about 5% to 16%.

teleBTC peg

Your BTC is paired with teleBTC, TeleSwap's BTC-backed token. If teleBTC lost its 1:1 peg, the pool would shift toward teleBTC, and that's the one way impermanent loss could hit this pool.

Custody and operations

The native BTC backing teleBTC is held by Lockers, which the protocol operates today. TeleSwap checks Bitcoin transactions on-chain through a light client, but running the Lockers is still an operational trust point.

Smart contracts

Funds pass through TeleSwap's bridge contracts and the PancakeSwap v3 or Uniswap v3 pool contracts. Code can have bugs.

No guarantees

This is DeFi, not a bank account. There's no deposit insurance. Only deposit what you're prepared to have at risk, and start small if you're new.