Ask about Circle Bitcoin

Logo of Circle BitcoinCircle Bitcoin

Total Value Locked$149.49m

TVL by Chain

Bitcoin$149.49m

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.

WebsiteX/Twitter
Category:Bridge

Methodology

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

Competitors

WBTC ($9.957b)Coinbase Bridge ($8.445b)Binance Bitcoin ($5.828b)Unit ($1.066b)Kraken Bitcoin ($809.42m)Function FBTC ($709.09m)SolvBTC ($546.04m)Lorenzo enzoBTC ($514.82m)Merlins Seal ($456.79m)Nexus BTC ($296.14m)

Frequently Asked Questions

What is Circle Bitcoin's TVL?

Circle Bitcoin currently has $149.49m in total value locked. TVL has increased 19,852,982.4% 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 #25 by TVL. The category holds $61.138b across 155 protocols, and Circle Bitcoin accounts for 0.2% of that total. Other leading protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Kraken Bitcoin, Function FBTC, SolvBTC, Lorenzo enzoBTC, Merlins Seal, and Nexus BTC.