- Coins:
- 24,044
- Market Cap:
- $3,411.01 B USD
- 24H Change:
+2.30%
- 24H Volume:
- $202.98 B USD
- Dominance:
- BTC: 56.48%, ETH: 11.03%
- ETH Gas:
- 10 Gwei
Wrapped Bitcoin
WBTC
$97,189.38 USD
N/A
(24H)
1.06 BTC
-0.13%
(24H)
Wrapped Bitcoin Price Chart (USD)
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Market Cap (USD)
$15.85 B
24H VOLUME (USD)
$558.75 M
Circulating Supply
163,106 WBTC
Max Supply
163,106 WBTC
Total Supply
163,106 WBTC
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General Information
Contract Address
Ethereum
0x2260fac5e5542a773aa44fbcfedf7c193bc2c599
Waves
8LQW8f7P5d5PZM7GtZEBgaqRPGSzS3DfPuiXrURJ4AJS
Velas
0x313dbD8e65C6499dE939e5317cA97Ccc6eD4c621
About Wrapped Bitcoin
Rank #11Wrapped Bitcoin Price Summaries
Latest DataWrapped Bitcoin’s price today is US$97,189.38, with a 24-hour trading volume of $558.75 M. WBTC is +0.00% in the last 24 hours.WBTC has a circulating supply of 163,106 WBTC and a max supply of 163,106 WBTC.
What is Wrapped Bitcoin?
Wrapped Bitcoin (WBTC) is an ERC20 token backed 1:1 by Bitcoin on the Ethereum blockchain. WBTC brings the liquidity of Bitcoin to the Ethereum ecosystem, including decentralised exchanges (DEXs) and financial applications. WBTC standardises Bitcoin to the ERC20 format, creating smart contracts for Bitcoin.
A brief history of Wrapped Bitcoin
Wrapped Bitcoin was launched in January 2019 as a joint project by BitGo, Kyber Network, and Ren. BitGo serves as the original custodian of WBTC, while Kyber Network and Ren serve as merchants on the WBTC network, aiding in the minting and burning of WBTC tokens to maintain the 1:1 ratio of WBTC to BTC reserves.
How Wrapped Bitcoin works
Wrapped Bitcoin is created as a result of integrating BTC in the ERC20 standard through centralised custodian BitGo. Upon its creation, WBTC makes it possible for decentralised finance applications built on Ethereum to access BTC’s liquidity from the confines of this network. WBTC also makes it easier for Ethereum-based services to support Bitcoin transactions while making transactions faster, as Ethereum’s transaction-per-second speed outpaces Bitcoin’s
What is Wrapped Bitcoin used for?
Wrapped Bitcoin’s main use is providing Bitcoin holders with access to DeFi applications such as lending, borrowing, and trading. Since Bitcoin per se can’t be used on DeFi solutions located in different blockchains, the act of swapping BTC into WBTC unlocks DeFi opportunities for its holders.
More about Wrapped Bitcoin
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WBTC Price Statistics
Wrapped Bitcoin Price
$97,189.38
24h high / 24h low
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Currency Converter
Amount
WBTC
1 WBTC = 97,189.38 USD
Rate is for reference only. Updated
General Information
Contract Address
Ethereum
0x2260fac5e5542a773aa44fbcfedf7c193bc2c599
Waves
8LQW8f7P5d5PZM7GtZEBgaqRPGSzS3DfPuiXrURJ4AJS
Velas
0x313dbD8e65C6499dE939e5317cA97Ccc6eD4c621
WBTC Price Statistics
Wrapped Bitcoin Price
$97,189.38
24h high / 24h low
N/A
7d high / 7d low
N/A
30d high / 30d low
N/A
90d high / 90d low
N/A
All-time high / All-time low
N/A
Trending
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