Getting Started
Introduction
Gyndore is a Bitcoin liquidity hub built on Base, where users borrow, trade, and earn yield around cbBTC and gynUSD in one connected ecosystem.
What is Gyndore
At its foundation is a Bitcoin-backed, CDP-based stablecoin protocol: deposit cbBTC as collateral and mint gynUSD, a synthetic stablecoin pegged to the US dollar, unlocking liquidity and yield without selling your Bitcoin.
Around that core, Gyndore adds a DEX and a dedicated yield platform, turning a single borrowing instrument into a full venue for BTC liquidity on Base. Both core protocols are immutable: no upgrades, no multisigs, and no discretionary levers.
The three pillars
Gyndore is built from three components. Each stands on its own, and each makes the others stronger.
BorrowingThe foundation. Deposit cbBTC, mint gynUSD, keep your Bitcoin.TradingThe market. A concentrated-liquidity DEX for cbBTC and gynUSD.EarningThe on-ramp. Stake gynUSD and earn yield paid by real borrowers.
Core assets
| Asset | Role |
|---|---|
| cbBTC | The only accepted collateral. Coinbase's token, backed 1:1 by Bitcoin. |
| gynUSD | The native stablecoin, pegged to the US dollar and minted against cbBTC. Learn more |
| GYND | The utility and fee token. Stake it to earn a share of protocol revenue. Learn more |