Coins
22,045
Market Cap
$2,604.72 B USD
24H Change

-0.49%

24H Volume
$69.99 B USD
Dominance
BTC: 50.51%, ETH: 16.17%
ETH Gas
8 Gwei

WBTC

Wrapped Bitcoin

WBTC

Add to Watchlist

$66,825.77 USD

N/A

(24H)

1.00 BTC

+0.04%

(24H)

Wrapped Bitcoin Price Chart (USD)

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Market Cap (USD)

$10.9 B

24H VOLUME (USD)

$168.62 M

Circulating Supply

163,106 WBTC

Max Supply

163,106 WBTC

Total Supply

163,106 WBTC

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General Information

Social Channels

Contract Address

  • icon

    Ethereum

    0x2260fac5e5542a773aa44fbcfedf7c193bc2c599


  • icon

    Waves

    8LQW8f7P5d5PZM7GtZEBgaqRPGSzS3DfPuiXrURJ4AJS


  • icon

    Velas

    0x313dbD8e65C6499dE939e5317cA97Ccc6eD4c621


About Wrapped Bitcoin

Rank #13

Wrapped Bitcoin Price Summaries

Latest Data

Wrapped Bitcoin’s price today is US$66,825.77, with a 24-hour trading volume of $168.62 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

$66,825.77

24h high / 24h low

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Currency Converter

Amount

WBTC

WBTC

1 WBTC = 66,825.77 USD

Rate is for reference only. Updated

General Information

Social Channels

Contract Address

  • icon

    Ethereum

    0x2260fac5e5542a773aa44fbcfedf7c193bc2c599


  • icon

    Waves

    8LQW8f7P5d5PZM7GtZEBgaqRPGSzS3DfPuiXrURJ4AJS


  • icon

    Velas

    0x313dbD8e65C6499dE939e5317cA97Ccc6eD4c621


WBTC Price Statistics

Wrapped Bitcoin Price

$66,825.77

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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