Turn your BTC into vBTC and earn $TRDL rewards
Strudel is the first one-way, trustless bridge linking Bitcoin and Ethereum. The bravest explorers that arrive on the other side will get extra $TRDL rewards.
What is Strudel?
Strudel is the first one-way, trustless bridge linking Bitcoin to Ethereum. vBTC, the resulting asset, trades off counterparty risk for market risk, bringing more diversity to the tokenized-BTC landscape. In the long term Strudel is about using the forces of crypto-economics to challenge the status quo of blockchain and free BTC from the grip of Wall Street.
Trustless
BTC collateral is safely kept forever in the custody of the Strudel protocol. Nobody can move the underlying coins in the original chain, they can only be traded by using vBTC on the Ethereum ecosystem.
Capital Efficient
The Strudel protocol doesn't need collateral to guarantee the safety of the assets bridged. For this reason the protocol is able to incentivize liquidity provision to sustain the peg long term.
Scalable
vBTC can realistically wrap a significant number of the BTC supply. As more BTC enter the strudel, the system value is solidified and the asset will trend closer to the peg price. because of token distribution and implementation in DeFI.
L2 Ready
vBTC and $TRDL are ready to be ported to other chains, unlocking BTC as collateral in all of the interchain.
There isn’t much you can do with a Bitcoin
For Bitcoin to participate in these protocols it needs to be wrapped into the Ethereum chain in order to be compatible. A wrapped token is really an IOU that is emmited into the Ethereum network for every BTC deposited into a wrapper protocol.
The BTC network is slow, outdated, and relies on centralized services to trade with no smart contracts. Decentralized Finance allows people to be their own bank. They can gain interest on their assets, get loans and trade without having to relinquish control of their tokens.

Current Bitcoin wrapper protocols such as WBTC and renBTC rely on multisig setups to hold the BTC.
This poses a security risk because Bitcoin multisigs are capped to around a dozen signers. This means that there is a real possibility of them colluding to remove the underlying value of the wrapped BTC, causing the loss of the peg and value collapse.
The strudel protocol addresses this issue by achieving a trustless BTC wrapper. You do not have to rely on a group of people to hold the keys to the Bitcoins, because the wrapping procedure burns the BTC in order to create vBTC which is fully compatible with the Ethereum ecosystem.
Pitch DeckEnter the Strudel
By using the Strudel Dapp, Bitcoins are burned and marked with the Strudel protocol identifier. The burn transaction is then relayed to Ethereum, issuing vBTC in the exact ratio of 1:1
$TRDL/ETH SLP

The Strudel Token
$TRDL is the governance and reward token for the Strudel Protocol. It is created on 2 separate occasions:
- When a user crosses BTC over the bridge, $TRDLs are minted alongside vBTC.
- $TRDL rewards are distributed per block to liquidity providers of various terra-farming pools.
Terra-farming starts at block #11.021.639 with 1 $TRDL per block.
vBTC/ETH LPMeet the Strudel team
Strudel Finance operates under the open organization principles where contributors are free to participate and be rewarded when adding value to the ecosystem
Legal Notice and Disclaimer
Trading and investing in cryptocurrencies (also called digital or virtual currencies, crypto assets, altcoins and tokens) involves substantial risk of loss and is not suitable for every investor. Any content on this site should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide when to trade our token.
Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations. Past results are no indication of future performance. In no event should the content of this correspondence be construed as an express or implied promise or guarantee. Strudel Finance is not responsible for any losses incurred as a result of trading our token.
Information provided in this correspondence is intended solely for informational purposes and is obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. None of the content published on this site constitutes a recommendation that any particular cryptocurrency, portfolio of cryptocurrencies, transaction or investment strategy is suitable for any specific person. None of the information providers or their affiliates will advise you personally concerning the nature, potential, value or suitability of any particular cryptocurrency, portfolio of cryptocurrencies, transaction, investment strategy or other matter.
The products and services presented on this website may only be purchased in jurisdictions in which their marketing and distribution are authorised. Strudel finance advises all interested parties to check in advance whether they are legally entitled to purchase the products and/or services presented on this website.