Staking · Liquid Restaking · uniETH
Bedrock is a multi-asset liquid restaking protocol; uniETH is its ETH liquid restaking token, backed by staked/restaked ETH and designed with institutional-grade standards.
Multi-asset liquid restaking (uniETH / uniBTC).
uniETH price
$2847.40
-3.1% 24h
Latest data · 15 min delay
Multi-asset LRT suite (ETH and BTC) with an institutional design partnership (RockX).
Non-custodial ETH liquid restaking token. ETH staked with Bedrock is delegated to node operators (including RockX) and natively restaked via EigenLayer for additional rewards. uniETH is a non-rebasing, value-accruing token: 1 uniETH grows increasingly worth more than 1 ETH over time.
Liquid restaked Bitcoin token. Accepts wrapped BTC (wBTC first, later others) and routes it to Bitcoin staking / restaking yield layers, with Bedrock described as building natively on Babylon. uniBTC has been integrated into restaking ecosystems (e.g. EigenLayer via the ARPA AVS).
Bedrock BTC. A BTC yield product that accepts uniBTC and multiple wrapped BTC assets and allocates them across trusted yield sources such as Babylon, Kernel, Pell and SatLayer. Audited by Blocksec (Dec 2024).
Liquid staking token for IoTeX (IOTX), extending Bedrock's non-rebasing, value-accruing model to the IoTeX network.
Bedrock's native governance/utility token. Total supply 1 billion; Token Generation Event on 21 March 2025 with a Binance Wallet IDO that was heavily oversubscribed.
1,000,000,000 BR
PR Newswire - BR token launch~649.6 WETH (~$2,000,000)
The Defiant - Bedrock uniBTC exploitHow Bedrock maps onto established TradFi structures, and where it diverges.
Interest-bearing / accumulating fund share
Bedrock
uniETH and uniBTC are non-rebasing, value-accruing tokens: like an accumulating fund unit whose NAV rises rather than paying out distributions, the token quantity is fixed while its redemption value grows with accrued staking/restaking yield.
TradFi analogue
Bedrock is non-custodial and on-chain, exposed to smart-contract, oracle and slashing risk rather than a regulated custodian; yield derives from proof-of-stake and restaking rewards, not fixed-income coupons, and there is no deposit insurance.
RockX
Institutional design partner and node operator Singapore-based blockchain infrastructure company that co-designed Bedrock's non-custodial liquid restaking solution and operates validators for the protocol.
Seed / strategic
2024-05-01Undisclosed
Key milestones: launches, upgrades, exploits and governance events.
Bedrock is a multi-asset liquid restaking protocol offering tokens including uniETH (ETH), uniBTC/brBTC (Bitcoin) and uniIOTX (IoTeX). It was designed as a non-custodial solution in partnership with blockchain infrastructure firm RockX.
Bedrock's non-custodial liquid restaking solution was designed in partnership with RockX, a long-standing blockchain infrastructure company with roots in crypto staking. RockX acts as an early contributor and node operator; per Bedrock's May 2024 disclosure, around 41,344 ETH had been staked across 1,292 validators on RockX.
No. Bedrock uses a non-rebasing model: token quantity does not grow, instead each token accrues value, so 1 uniETH (or uniIOTX) becomes worth increasingly more than 1 ETH (or IOTX) over time.
Yes. In late September 2024 Bedrock disclosed a smart-contract exploit in the uniBTC minting mechanism. An attacker used a flash loan to abuse a flaw that mispriced ETH against uniBTC, netting roughly 649.6 WETH (about $2 million). Bedrock paused affected contracts, worked with white-hat hackers and auditors on recovery, prepared a reimbursement plan, and integrated Chainlink Proof of Reserve to secure uniBTC minting.
Yes. The BR token had its Token Generation Event on 21 March 2025 via a Binance Wallet IDO, with a total supply of 1 billion tokens.
