Protocol Information
xBTC is a wrapped token issued by OKX that strictly follows a 1:1 reserve mechanism
Methodology
TVL: BTC on btc chain. https://www.okx.com/xbtc#transparencyView code on GitHubCompetitors
OKX xBTC history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 22, 2025 to Oct 25, 2026.
All-time high TVL: $222.33m on Oct 10, 2025. All-time low TVL: $47.21m on Jun 6, 2026.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $67.73m |
| Sep 27, 2026 | $67.59m |
| Sep 28, 2026 | $67.55m |
| Sep 29, 2026 | $67.66m |
| Sep 30, 2026 | $68.75m |
| Oct 1, 2026 | $68.69m |
| Oct 2, 2026 | $69.24m |
| Oct 3, 2026 | $69.34m |
| Oct 4, 2026 | $68.97m |
| Oct 5, 2026 | $62.72m |
| Oct 6, 2026 | $61.25m |
| Oct 7, 2026 | $59.9m |
| Oct 8, 2026 | $56.76m |
| Oct 9, 2026 | $55.76m |
| Oct 10, 2026 | $56.97m |
| Oct 11, 2026 | $56.75m |
| Oct 12, 2026 | $57.25m |
| Oct 13, 2026 | $55.71m |
| Oct 14, 2026 | $56.94m |
| Oct 15, 2026 | $55.36m |
| Oct 16, 2026 | $55.98m |
| Oct 17, 2026 | $54.64m |
| Oct 18, 2026 | $51.91m |
| Oct 19, 2026 | $52.27m |
| Oct 20, 2026 | $52.37m |
| Oct 21, 2026 | $54.88m |
| Oct 22, 2026 | $57.92m |
| Oct 23, 2026 | $56.81m |
| Oct 24, 2026 | $57.23m |
| Oct 25, 2026 | $57.73m |
TVL at each month end, Sep 2025 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2025 | $182.12m |
| Oct 31, 2025 | $186.4m |
| Nov 30, 2025 | $91.03m |
| Dec 31, 2025 | $70.44m |
| Jan 31, 2026 | $82.42m |
| Feb 28, 2026 | $55.93m |
| Mar 31, 2026 | $63.41m |
| Apr 30, 2026 | $59.45m |
| May 31, 2026 | $57.82m |
| Jun 30, 2026 | $49.2m |
| Jul 31, 2026 | $58.72m |
| Aug 31, 2026 | $74.27m |
| Sep 30, 2026 | $68.75m |
| Oct 25, 2026 (latest) | $57.73m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/okx-xbtc
Frequently asked questions
What is OKX xBTC's TVL?
As of Oct 25, 2026, OKX xBTC has $58.41m in total value locked. TVL has decreased 15.3% over the past 30 days.
What chains does OKX xBTC operate on?
OKX xBTC operates on Bitcoin. Bitcoin holds the largest share at 100%.
How does OKX xBTC's TVL compare to similar protocols?
Among Bridge protocols tracked by DefiLlama, OKX xBTC ranks #29 by TVL. The category holds $62.99b across 158 protocols, and OKX xBTC 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.