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Circle Bitcoin

Total Value Locked$38.96m

TVL by Chain

Bitcoin$38.96m

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Protocol Information

Circle Wrapped Bitcoin (cirBTC) unlocks utility for institutional markets. Backed 1:1 by BTC that is readily verifiable onchain, cirBTC is live on Ethereum and integrates seamlessly into Circle’s established infrastructure and the wider DeFi ecosystem.

Category:Bridge

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Circle Bitcoin history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 12, 2026 to Oct 29, 2026.

All-time high TVL: $376.4m on Sep 28, 2026. All-time low TVL: $161 on Aug 5, 2026.

Daily TVL, Sep 30, 2026 to Oct 29, 2026

DateTVL
Sep 30, 2026$285.75m
Oct 1, 2026$283.69m
Oct 2, 2026$237.54m
Oct 3, 2026$171.56m
Oct 4, 2026$171.8m
Oct 5, 2026$175.19m
Oct 6, 2026$131.89m
Oct 7, 2026$149.49m
Oct 8, 2026$111.99m
Oct 9, 2026$78.95m
Oct 10, 2026$81.34m
Oct 11, 2026$81.72m
Oct 12, 2026$55.54m
Oct 13, 2026$46.63m
Oct 14, 2026$21.41m
Oct 15, 2026$19.07m
Oct 16, 2026$14.24m
Oct 17, 2026$14.11m
Oct 18, 2026$7.04m
Oct 19, 2026$7.09m
Oct 20, 2026$7.02m
Oct 21, 2026$31.51m
Oct 22, 2026$31.98m
Oct 23, 2026$37.86m
Oct 24, 2026$37.6m
Oct 25, 2026$37.7m
Oct 26, 2026$37.43m
Oct 27, 2026$38.27m
Oct 28, 2026$38.61m
Oct 29, 2026$38.88m

TVL at each month end, Jun 2026 to Oct 2026

DateTVL
Jun 30, 2026$72,339
Jul 31, 2026$167
Aug 31, 2026$739
Sep 30, 2026$285.75m
Oct 29, 2026 (latest)$38.88m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/circle-bitcoin

Frequently asked questions

What is Circle Bitcoin's TVL?

As of Oct 29, 2026, Circle Bitcoin has $38.96m in total value locked. TVL has decreased 85.4% over the past 30 days.

What chains does Circle Bitcoin operate on?

Circle Bitcoin operates on Bitcoin. Bitcoin holds the largest share at 100%.

How does Circle Bitcoin's TVL compare to similar protocols?

Among Bridge protocols tracked by DefiLlama, Circle Bitcoin ranks #32 by TVL. The category holds $61.852b across 158 protocols, and Circle Bitcoin accounts for 0.1% of that total. Similar protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Kraken Bitcoin, Function FBTC, SolvBTC, Lorenzo enzoBTC, Merlins Seal, and Nexus BTC.