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Wrapped Bitcoin (WBTC) - BTC
Ƀ 0.9984
1 min ago
-0.04%
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Mkt. Cap.
Ƀ 128.61 k
Vol. 24H
wɃ 433.30
(Ƀ 432.71)
Open 24h
Ƀ 0.9988
Low/High 24h
Ƀ 0.9981
-
Ƀ 0.9992
Wrapped Bitcoin (WBTC) is supported on multiple platforms, including Ethereum, Base, Kava, Osmosis, and Tron. Each version of WBTC is tailored to be compatible with the specific blockchain where it operates, following the standards of that platform (e.g., ERC-20 for Ethereum, TRC-20 for Tron). BitGo, as the custodian, manages the wrapping process to ensure that each WBTC token is fully backed by an equivalent amount of Bitcoin, regardless of the blockchain on which it resides. You can visit this page to verify the record of all minting and burning of WBTC across these networks.
Whitepaper
Launch Date
2018-11-27
Max Supply
Not Applicable
Total Supply
128,814.96
Circulating Supply
128,814.96
Mkt. Cap. Penalty
0 %
Website
Built On
ETH
Token Standard
ERC20
Smart Contract Address
Decimal Places
8
Parent Asset Symbol
BTC
Wrapped Bitcoin (WBTC) is an ERC20 token on Ethereum, backed 1:1 by Bitcoin (BTC). Launched in January 2019, it bridges Bitcoin's liquidity into Ethereum's ecosystem, enabling its use in decentralised applications (dApps), decentralised exchanges (DEXs), and DeFi protocols. WBTC tokens are fully backed by Bitcoin held securely by custodians, with all transactions and reserves transparently auditable on-chain. The wrapping process involves three stages: receiving, minting, and burning, ensuring seamless conversion between Bitcoin and WBTC. Initially created by BitGo, Kyber Network, and Ren, WBTC is governed by the WBTC DAO, a decentralised organisation overseeing merchants and custodians. WBTC is compatible with Ethereum wallets and dApps and supports cross-chain interoperability, being available on Ethereum, Base, Kava, and Osmosis. Its primary use cases include providing liquidity to DEXs, enabling DeFi participation, and facilitating Bitcoin's integration with smart contracts.
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