Key Facts

  • The Liquid Federation said the Liquid Network's Bitcoin reserves have been fully restored, re-establishing 1:1 BTC backing for all LBTC.

  • The update follows the restoration of BTC-LBTC swaps at a 1:1 rate through participating swap providers several weeks ago, the federation said.

  • The federation said it is working on governance, oversight and security changes, with details to be shared in the coming weeks.

The Liquid Federation said the Liquid Network's Bitcoin reserves have been fully restored, re-establishing 1:1 BTC backing for all LBTC.

The update follows the restoration of BTC-LBTC swaps at a 1:1 rate through participating swap providers several weeks ago, the federation said.

The federation said it is working on governance, oversight and security changes, with details to be shared in the coming weeks.

The federation did not say how the shortfall was covered.

Where Liquid's Recovery Stands

The milestone follows the restoration of BTC-LBTC swaps several weeks ago, which let users move between Bitcoin and Liquid at a 1:1 rate through participating swap providers, the federation said.

What Happened in September

What Comes Next for Liquid

The federation said it is modernizing its governance structure, introducing clearer responsibilities and oversight, and adding technical and operational safeguards. It said more details will be shared in the coming weeks.