WBTC
WBTC

Wrapped Bitcoin price

$103,836.2
+$301.90
(+0.29%)
Price change for the last 24 hours
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Wrapped Bitcoin market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$13.36B
Circulating supply
128,815 WBTC
100.00% of
128,815 WBTC
Market cap ranking
--
Audits
CertiK
Last audit: --
24h high
$104,884.6
24h low
$103,324.0
All-time high
$109,473.2
-5.15% (-$5,637.00)
Last updated: 20 Jan 2025
All-time low
$10,080.60
+930.05% (+$93,755.60)
Last updated: 2 Oct 2020

Wrapped Bitcoin Feed

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The following content is sourced from .
Mario Nawfal’s Roundtable
Mario Nawfal’s Roundtable
WHALE WATCH: A WHALE SOLD 22,567.63 $AAVE FOR $3.64M $USDS AND 14 $WBTC ($1.45M) AT A PRICE OF $225.84. Source: @onchainlens
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ChainCatcher
ChainCatcher
💡Information. A whale address "adorableraccoon.eth" sold 22,567 #AAVE for $225.84 per unit for $3.64 million #USDS and 14 #WBTC (about $1.45 million), part of which #WBTC used to repay the loan.
Onchain Lens
Onchain Lens
A whale, "adorableraccoon.eth," sold 22,567.63 $AAVE for $3.64M $USDS and 14 $WBTC ($1.45M) at a price of $225.84. The whale purchased $WBTC to repay a loan. Address: 0xaf6ccd55faa9f977f13fbfab6f9ec81dc2028062
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雨中狂睡Sleeping in the Rain🌳🐻⛓🧡👀
雨中狂睡Sleeping in the Rain🌳🐻⛓🧡👀
Let's talk about $BERA Two things. First, $BERA stood on 4.4 again, which can be regarded as maintaining an upward trend. It's a key location. The rise from last night to now has something to do with the Pol v1.1 announced by @SmokeyTheBera. It is equivalent to pushing through the news surface, and the price of $BERA is "reasonable" to stand in this key position. Second, Pol v1.1 is a very critical proposal. It aims to solve some of the problems that Berachain encountered after it was launched on the mainnet, such as the weak value capture ability of $BERA, etc. How is it done? In fact, it is to exchange 20% of the ecological bribe for $BERA, and at the same time, the amount of $BGT incentives given to the ecology will not be affected. Berachain will add the $BERA to the LPs of mainstream trading pairs such as BERA-HONEY AND BERA-WBTC. In the future, 20% of this rate will become a dynamic rate, priced according to the efficiency of the incentive – the higher the efficiency, the lower the rate. It's essentially a part of the bribe that converts it into protocol-owned liquidity (also known as PoL). This liquidity, in turn, will bring fee income to Berachain, reducing the circulation of $BERA in the secondary market. These revenues are also used to buy back $BERA. Its "protocol asset accumulation + self-hematopoietic model" is an optimization of traditional DeFi liquidity mining. The downside is that $BGT is able to capture fewer bribes — after all, some of them go to the Berachain protocol, and iBGT yields like @InfraredFinance will drop. As a result, the iBGT to BERA exchange rate decreases. However, if the $BERA appreciates, iBGT will still rise. It's acceptable for people on the U-standard, but it's not so friendly for investors on the BERA/iBGT coin standard. All in all, I'm very happy with this update from Berachain. They saw the previous problem and adjusted accordingly – weakening $BGT enhancing $BERA. $BERA The price of the price increases, the ecological incentives will increase, and the bribery of BGT will also increase. Taking $BERA value capture capability as an eco-driven is a very correct choice.
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Sir Jeff Garzik
Sir Jeff Garzik
Swapping WBTC for USDC on @hemi_xyz: DEX aggregators such as Eisen find the best swap route for the best price.
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Wrapped Bitcoin price performance in USD

The current price of Wrapped Bitcoin is $103,836.2. Over the last 24 hours, Wrapped Bitcoin has increased by +0.29%. It currently has a circulating supply of 128,815 WBTC and a maximum supply of 128,815 WBTC, giving it a fully diluted market cap of $13.36B. At present, the Wrapped Bitcoin coin holds the 0 position in market cap rankings. The Wrapped Bitcoin/USD price is updated in real-time.
Today
+$301.90
+0.29%
7 days
+$8,551.60
+8.97%
30 days
+$20,296.50
+24.29%
3 months
+$6,560.20
+6.74%

About Wrapped Bitcoin (WBTC)

4.0/5
CyberScope
4.0
16/04/2025
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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The decentralized finance (DeFi) landscape has experienced a rapid surge in popularity, transforming the way we interact with traditional finance systems. Bitcoin (BTC), as the world's largest cryptocurrency by market capitalization, plays a vital role. Wrapped Bitcoin (WBTC) was introduced to provide users with access to Bitcoin's liquidity and benefits within the DeFi ecosystem.

What is Wrapped Bitcoin

Wrapped Bitcoin (WBTC) is an Ethereum-based token designed to bring the liquidity and value of Bitcoin to the Ethereum network and the broader DeFi ecosystem. As an ERC-20 token pegged 1:1 to BTC, each WBTC represents an equivalent amount of BTC. This is made possible through a custodian model, where approved custodians hold the BTC in reserve. By wrapping BTC in an ERC-20 format, users gain access to the versatility of Ethereum and can seamlessly utilize BTC in a variety of DeFi applications.

The Wrapped Bitcoin team

The Wrapped Bitcoin project is a collaborative effort by several industry-leading players. The team behind WBTC comprises prominent organizations such as BitGo, Ren, and Kyber Network. BitGo acts as the primary custodian for Bitcoin reserves, ensuring the safety and integrity of the underlying assets. Ren facilitates the wrapping process, allowing BTC holders to convert their BTC into WBTC. Meanwhile, Kyber Network provides liquidity for WBTC, enabling seamless integration into the DeFi ecosystem.

How does Wrapped Bitcoin work

Wrapped Bitcoin (WBTC) operates through a network of reputable and audited custodians responsible for holding the Bitcoin reserves. To obtain WBTC, users send their BTC to one of these approved custodians, who then generate an equivalent amount of WBTC on the Ethereum network. Ren's decentralized custodial solution facilitates this wrapping process. WBTC can be redeemed for BTC at any time, with the corresponding amount of WBTC burned.

Wrapped Bitcoin’s native token: WBTC

WBTC is the native token of the Wrapped Bitcoin ecosystem. It functions as an ERC-20 token on the Ethereum blockchain, making it easily tradable and compatible with various decentralized exchanges (DEX), wallets, and decentralized applications (dApps). With WBTC, users can participate in DeFi protocols, including lending, borrowing, liquidity provision, and yield farming, while still maintaining exposure to Bitcoin's value.

WBTC tokenomics

The total supply of WBTC is determined by the number of BTC tokens held in secure custody. Each WBTC token in circulation represents an equivalent amount of BTC stored and accounted for. This 1:1 pegging mechanism ensures that the value of WBTC remains consistent with that of BTC. Regular audits conducted by third-party firms further enhance transparency and verify the integrity of WBTC, reassuring users about the custodial reserves and token supply.

WBTC use cases

WBTC opens up numerous opportunities for Bitcoin holders within the DeFi ecosystem. Holders can leverage WBTC as collateral to borrow stablecoins or other digital assets, thus unlocking liquidity without selling their BTC holdings. WBTC can also be utilized in DEXs for trading against other ERC-20 tokens or providing liquidity in automated market makers (AMM). Additionally, WBTC enables BTC holders to access yield farming strategies and participate in decentralized lending platforms.

WBTC token distribution

WBTC's token distribution is primarily facilitated through approved custodians, who create new WBTC tokens in exchange for BTC deposits. These custodians undergo stringent compliance and security measures to ensure the safety of the underlying assets. The transparency and accountability of the custodian model offer reassurance to users, as the wrapped tokens are minted and redeemed based on verifiable reserves.

WBTC: Bridging the gap between Bitcoin and DeFi

Wrapped Bitcoin has emerged as a vital bridge between Bitcoin and the Ethereum-based DeFi ecosystem. By enabling Bitcoin's liquidity and value to flow seamlessly into DeFi applications, WBTC expands the capabilities and utility of BTC while maintaining its 1:1 peg. With a trusted custodian model, transparent tokenomics, and a growing range of use cases, WBTC continues to play a crucial role in unlocking the potential of both Bitcoin and DeFi.

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Wrapped Bitcoin FAQ

How much is 1 Wrapped Bitcoin worth today?
Currently, one Wrapped Bitcoin is worth $103,836.2. For answers and insight into Wrapped Bitcoin's price action, you're in the right place. Explore the latest Wrapped Bitcoin charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Wrapped Bitcoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Wrapped Bitcoin have been created as well.
Will the price of Wrapped Bitcoin go up today?
Check out our Wrapped Bitcoin price prediction page to forecast future prices and determine your price targets.

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Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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