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.
0x2260fac5e5542a773aa44fbcfedf7c193bc2c599Trading volume and liquidity
24h volume $40.29M · Total token liquidity $225.38M。
Volume / current liquidity 17.88%
Volume is a flow over a period; liquidity is a stock at a point in time.
Supply and valuation
Circulating market cap $9.21B · FDV $9.21B。
The two valuations are not yet comparable; their original values are shown separately.