Wrapped Bitcoin WBTC price:

$107,541.10 (+1.11%)
1h+0.05%
24h+1.11%
Week-1.79%
Month+3.84%
Year+63.82%
ETH 41.24 (-0.03%)
BTC 0.998705 (-0.05%)
$105 941 24h Range $108 794

Wrapped Bitcoin (WBTC) Metrics

Basic info
Source code
Asset type
Contract Address
Explorers
Market Cap Rank 13
$14,107,026,163.00 BTC 131,008.00
All Time High
$111 625 22 May 25 % to ATH (3.77%)
Volume (24h) Rank 25
$455,165,851.44 BTC 4,227.00
Circulating Supply
131,178 Total:131,178

Wrapped Bitcoin Price Chart Live

Price Chart

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About Wrapped Bitcoin

Wrapped Bitcoin, symbolized as WBTC, stands as a pivotal innovation bridging the vast liquidity of Bitcoin with the expansive capabilities of the Ethereum blockchain. It is an ERC-20 token that represents Bitcoin on the Ethereum network, making Bitcoin interoperable with Ethereum’s diverse ecosystem of decentralized applications, or dApps, and decentralized finance, or DeFi, protocols. The primary purpose of WBTC is to bring Bitcoin’s market capitalization into the DeFi space, allowing Bitcoin holders to utilize their assets for lending, borrowing, yield farming, and other complex financial operations without having to sell their BTC. Each WBTC token is 1:1 backed by actual Bitcoin held in a secure, verifiable reserve by a network of custodians and merchants. This ensures that for every WBTC in circulation, there is an equivalent amount of Bitcoin locked in a transparent, auditable vault. The process of wrapping Bitcoin involves a user sending their BTC to a merchant, who then initiates a minting request with a custodian. Upon verification, the custodian mints the equivalent amount of WBTC on the Ethereum blockchain and sends it to the user’s Ethereum address. Conversely, users can burn WBTC to redeem their underlying Bitcoin. This transparent and auditable process is crucial for maintaining trust and the peg between WBTC and BTC. WBTC has become an essential component of the DeFi landscape, enabling Bitcoin to act as collateral on various lending platforms, provide liquidity on decentralized exchanges, and participate in a wide array of tokenized financial products. By leveraging the programmability of Ethereum smart contracts, WBTC unlocks new utility for Bitcoin, enhancing its capital efficiency and expanding its reach beyond its native blockchain. It effectively allows Bitcoin holders to earn yield and engage with the cutting-edge financial innovations built on Ethereum, solidifying its role as a key element in the ongoing convergence of different blockchain networks.

Wrapped Bitcoin [WBTC] is a token based on Ethereum, Waves, Fantom, Cronos, Polygon, Harmony, Kava, Celo, Near Protocol, Avalanche, Solana, Moonriver, Ronin Token, Optimism, Arbitrum, Zksync, BLAST blockchain. The most actual price for one Wrapped Bitcoin [WBTC] is $107 541. Wrapped Bitcoin is listed on 97 exchanges with a sum of 400 active markets. The 24h volume of [WBTC] is $455 165 851, while the Wrapped Bitcoin market cap is $14 107 026 163 which ranks it as #13 of all cryptocurrencies. You can find more information about Wrapped Bitcoin [WBTC] on wbtc.network

WBTC Markets

# Exchange Pair Volume (24h) Price Volume (%) Category Fee Type Updated
1 $20 291 629.19$107 594.544.460000%SpotPercentage2 minutes ago
2 $15 217 909.78$107 695.983.340000%SpotPercentage2 minutes ago
3 $6 171 193.65$107 594.541.360000%SpotPercentage2 minutes ago
4 $2 713 552.11$106 518.600.600000%SpotPercentage2 minutes ago
5 $1 111 079.09$107 566.920.240000%SpotPercentage2 minutes ago
Show more markets...

News All News

Wrapped Bitcoin Basics

WhitepaperWrapped Bitcoin WhitepaperOpen
Consensus Mechanism Not mineable
Algorithm None
Hardware wallet Yes
Tags
  • Ethereum (ETH) Token (ERC-20) (12294)
  • Waves Token (134)
  • Fantom (FTM) Token (339)
  • Solana (SOL) Token (6030)
  • Cronos (CRO) Token (39)
  • Polygon (MATIC) Token (1401)
  • Harmony (ONE) Token (22)
  • CELO Token (23)
  • Avalanche (AVAX) Token (578)
  • Optimism Ecosystem (138)
  • Arbitrum Ecosystem (744)
  • Blast Ecosystem (28)
  • Ronin (RON) Token (12)
  • Zksync Ecosystem (25)

Frequently Asked Questions

Frequently Asked Questions

Get more info about Wrapped Bitcoin Cryptocurrency
  • How to buy Wrapped Bitcoin? How can I buy the Wrapped Bitcoin coin? Wrapped Bitcoin stock how to buy? How to get Wrapped Bitcoin?

    To find out where you can buy currency Wrapped Bitcoin see the list of available exchanges.

  • Where to trade Wrapped Bitcoin?

    Click here to see the list of available exchanges for Wrapped Bitcoin.

  • Wrapped Bitcoin, symbolized as WBTC, stands as a pivotal innovation bridging the vast liquidity of Bitcoin with the expansive capabilities of the Ethereum blockchain. It is an ERC-20 token that represents Bitcoin on the Ethereum network, making Bitcoin interoperable with Ethereum’s diverse ecosystem of decentralized applications, or dApps, and decentralized finance, or DeFi, protocols. The primary purpose of WBTC is to bring Bitcoin’s market capitalization into the DeFi space, allowing Bitcoin holders to utilize their assets for lending, borrowing, yield farming, and other complex financial operations without having to sell their BTC. Each WBTC token is 1:1 backed by actual Bitcoin held in a secure, verifiable reserve by a network of custodians and merchants. This ensures that for every WBTC in circulation, there is an equivalent amount of Bitcoin locked in a transparent, auditable vault. The process of wrapping Bitcoin involves a user sending their BTC to a merchant, who then initiates a minting request with a custodian. Upon verification, the custodian mints the equivalent amount of WBTC on the Ethereum blockchain and sends it to the user’s Ethereum address. Conversely, users can burn WBTC to redeem their underlying Bitcoin. This transparent and auditable process is crucial for maintaining trust and the peg between WBTC and BTC. WBTC has become an essential component of the DeFi landscape, enabling Bitcoin to act as collateral on various lending platforms, provide liquidity on decentralized exchanges, and participate in a wide array of tokenized financial products. By leveraging the programmability of Ethereum smart contracts, WBTC unlocks new utility for Bitcoin, enhancing its capital efficiency and expanding its reach beyond its native blockchain. It effectively allows Bitcoin holders to earn yield and engage with the cutting-edge financial innovations built on Ethereum, solidifying its role as a key element in the ongoing convergence of different blockchain networks.

  • Mining Wrapped Bitcoin coin

    Wrapped Bitcoin coin has a consensus mechanism: . You can mint these coins with the None algorithm.

  • Wrapped Bitcoin is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.

  • What is the value of Wrapped Bitcoin coin?

    1 Wrapped Bitcoin is worth $107 541.10.

  • To get price and historical data for Wrapped Bitcoin coin, use API ID: wbtc-wrapped-bitcoin for endpoints at http://api.coinpaprika.com.

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