Logo of OKX xBTCOKX xBTC
Total Value Locked$67.31m

TVL by Chain

Bitcoin$67.31m

Protocol Information

xBTC is a wrapped token issued by OKX that strictly follows a 1:1 reserve mechanism

Category:Bridge
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Methodology

TVL: BTC on btc chain. https://www.okx.com/xbtc#transparencyView code on GitHub

Competitors

WBTC ($8.166b)Coinbase Bridge ($7.065b)Binance Bitcoin ($4.881b)Unit ($629.97m)Function FBTC ($612.79m)Kraken Bitcoin ($539.37m)SolvBTC ($464.47m)Lorenzo enzoBTC ($443.28m)Merlins Seal ($388.63m)Stacks sBTC ($178.46m)

Frequently Asked Questions

What is OKX xBTC?

xBTC is a wrapped token issued by OKX that strictly follows a 1:1 reserve mechanism

What is OKX xBTC's TVL?

OKX xBTC currently has $67.31m in total value locked. TVL has increased 14.1% 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 #30 by TVL. The category holds $48.554b across 154 protocols, and OKX xBTC accounts for 0.1% of that total. Other leading protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Function FBTC, Kraken Bitcoin, SolvBTC, Lorenzo enzoBTC, Merlins Seal, and Stacks sBTC.