# Alloyed BTC: Increase nBTC static limit to 60%

**URL:** https://forum.osmosis.zone/t/alloyed-btc-increase-nbtc-static-limit-to-60/4073
**Category:** Alloyed Assets
**Created:** [July 22, 2026, 9:41am UTC](https://forum.osmosis.zone/t/alloyed-btc-increase-nbtc-static-limit-to-60/4073 "2026-07-22T09:41:26Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![JohnnyWyles](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/johnnywyles/32/3114_2.png) [@JohnnyWyles](https://forum.osmosis.zone/u/JohnnyWyles)
#### Post date: [July 22, 2026, 9:41am UTC](https://forum.osmosis.zone/t/alloyed-btc-increase-nbtc-static-limit-to-60/4073/1 "2026-07-22T09:41:26Z")

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This proposal increases the static rate limit of nBTC within Alloyed BTC from 35% to 60%.

## Alloyed BTC

[Alloyed BTC](https://app.osmosis.zone/assets/BTC) (allBTC) unifies Bitcoin liquidity across bridges behind a single onchain asset. Each constituent carries a static rate limit capping its maximum share of the alloy, so that Osmosis’s exposure to any one bridge is bounded even if that bridge is compromised. The alloy currently holds:

- WBTC, natively issued on Osmosis (75% cap)
- WBTC.eth.axl, via Axelar from Ethereum (75% cap)
- cbBTC.axl, Coinbase Wrapped BTC via Axelar (75% cap)
- WBTC.eth.atom, via the Cosmos Hub’s Eureka (75% cap)
- nBTC, via the Nomic bridge (35% cap)

nBTC is the only constituent still held below 75% and the only connection directly to Bitcoin; it now sits at roughly 33% of the alloy, effectively at its cap. With nBTC pinned at the limit, further Bitcoin deposits through Nomic are rejected, adding friction for users bridging via that route.

Live capacities and compositions can be viewed on the [Alloyed Asset Dashboard](https://alloyed.osmosis.zone/).

## Rationale

nBTC’s static limit has been raised steadily as the Nomic bridge has demonstrated reliability and demand has grown, from an initial 5% to the current 35%:

- [Proposal 815](https://daodao.zone/dao/osmosis/proposals/815): initial static limits, nBTC at 5%
- [Proposal 867](https://daodao.zone/dao/osmosis/proposals/867): nBTC increased to 10%
- [Proposal 893](https://daodao.zone/dao/osmosis/proposals/893): nBTC increased to 20%
- [Proposal 899](https://daodao.zone/dao/osmosis/proposals/899): nBTC increased to 35%

Raising nBTC to 60% gives it meaningful headroom for continued growth while keeping the Nomic bridge to a more conservative bound than the 75% applied to the WBTC and Axelar-bridged constituents. As with prior adjustments, the limit can be reduced by a later governance action if observed demand settles or risk conditions change.

## Proposed change

| Constituent | Current cap | Proposed cap |
| --- | --- | --- |
| nBTC | 35% | **60%** |
| WBTC (native) | 75% | 75% (unchanged) |
| WBTC.eth.axl | 75% | 75% (unchanged) |
| cbBTC.axl | 75% | 75% (unchanged) |
| WBTC.eth.atom | 75% | 75% (unchanged) |

This proposal updates a single rate-limiter parameter. It involves no contract migration or code change and is fully reversible by a subsequent governance action.

**Target Onchain Date** : 26th July 2026

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<div class="post-metadata">

### Author: ![giansalex](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/giansalex/32/3298_2.png) [@giansalex](https://forum.osmosis.zone/u/giansalex)
#### Post date: [July 27, 2026, 11:37pm UTC](https://forum.osmosis.zone/t/alloyed-btc-increase-nbtc-static-limit-to-60/4073/2 "2026-07-27T23:37:17Z")

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Is Nomic still active? I saw that its last tweet was in 2024, and its last release on GitHub was on the same date [Releases · nomic-io/nomic · GitHub](https://github.com/nomic-io/nomic/releases) .  
This reminds me of Gravity Bridge, another bridge with little activity that was recently drained; Isn’t there a risk that this could happen to Nomic (which appears to be abandoned)?

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### Author: ![JohnnyWyles](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/johnnywyles/32/3114_2.png) [@JohnnyWyles](https://forum.osmosis.zone/u/JohnnyWyles)
#### Post date: [July 28, 2026, 10:33am UTC](https://forum.osmosis.zone/t/alloyed-btc-increase-nbtc-static-limit-to-60/4073/3 "2026-07-28T10:33:41Z")

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They’re around and do respond to any issues we raise with delayed transfers from their checkpointing system.  
I don’t know if they’ll release anything further, but when a product is functional and released there often isn’t a need to do regular code updates.

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### Author: ![giansalex](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/giansalex/32/3298_2.png) [@giansalex](https://forum.osmosis.zone/u/giansalex)
#### Post date: [September 9, 2026, 12:27am UTC](https://forum.osmosis.zone/t/alloyed-btc-increase-nbtc-static-limit-to-60/4073/4 "2026-09-09T00:27:20Z")

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It seems Nomic was compromised [Rarma on X: "allBTC on @osmosiszone is 63.97% backed. There are 110.57094432 allBTC in circulation against 70.73128010 BTC of real collateral. The 39.83966422 BTC gap is nBTC issued by @nomicbtc, which has been halted since 7 September. The full trace follows, with sources for each step. Vulnerab… / X](https://x.com/Rarma_/status/2097456879266037797); having old, unmaintained code is a risk right now.
