Wrapped BTC WBTC
1 · Decentralized Finance · Ethereum Ecosystem · Wrapped Tokens
WBTC is a Bitcoin-pegged wrapped token issued by BitGo. It is used as collateral in lending markets, for liquidity provision in decentralized exchanges, and as a bridge asset for cross-chain transfers across multiple blockchains. The token maintains 1:1 backing with Bitcoin through a custodial model where merchants deposit BTC with BitGo to mint WBTC, with all reserves verifiable on-chain through transparent proof-of-reserve mechanisms.
0x2260fac5e5542a773aa44fbcfedf7c193bc2c599Read price, trading volume and pools separately
24h change +1.23% · 24h volume $43.45M · Total token liquidity $224.35M
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