Logo of Kraken BitcoinKraken Bitcoin
Total Value Locked$616.42m

TVL by Chain

Bitcoin$616.42m

Protocol Information

The kBTC token lets you leverage the power of Bitcoin while interacting with Ethereum, OP Mainnet, and other growing DeFi ecosystems. Fully-backed. Fully exchangeable anytime.

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Category:Bridge

Methodology

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

Competitors

WBTC ($8.963b)Coinbase Bridge ($7.946b)Binance Bitcoin ($5.357b)Unit ($721.96m)Function FBTC ($670m)SolvBTC ($509.16m)Lorenzo enzoBTC ($471.3m)Merlins Seal ($418.59m)exSat Staking BTC ($191.19m)Stacks sBTC ($190.95m)

Frequently Asked Questions

What is Kraken Bitcoin's TVL?

Kraken Bitcoin currently has $616.42m in total value locked. TVL has increased 42% over the past 30 days.

What chains does Kraken Bitcoin operate on?

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

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

Among Bridge protocols tracked by DefiLlama, Kraken Bitcoin ranks #12 by TVL. The category holds $52.086b across 155 protocols, and Kraken Bitcoin accounts for 1.2% of that total. Other leading protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Function FBTC, SolvBTC, Lorenzo enzoBTC, Merlins Seal, exSat Staking BTC, and Stacks sBTC.