Wrapped Bitcoin (WBTC)
Bitcoin's liquidity on Ethereum for DeFi applications
Rank #15
Wrapped Asset
DeFi
$98,000+
Current Price
$15B+
Market Cap
155K+
Total Supply
2019
Launch Year
What is Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin (WBTC) is an ERC-20 token backed 1:1 with Bitcoin, bringing Bitcoin's liquidity to the Ethereum ecosystem. Each WBTC token is backed by an equivalent amount of Bitcoin held in reserve by qualified custodians.
WBTC enables Bitcoin holders to participate in decentralized finance (DeFi) applications on Ethereum while maintaining exposure to Bitcoin's price movements. It's the most popular way to use Bitcoin in DeFi protocols.
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Trade WBTC NowWBTC Trading Info
Symbol
WBTC
Type
Wrapped Asset
Blockchain
Ethereum