Logo of OKX xBTCOKX xBTC
Total Value Locked$58.65m

TVL by Chain

Bitcoin$58.65m

Protocol Information

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

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Category:Bridge

Methodology

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

Competitors

WBTC ($9.002b)Coinbase Bridge ($7.871b)Binance Bitcoin ($5.27b)Unit ($707.17m)Function FBTC ($664.75m)Kraken Bitcoin ($630.48m)SolvBTC ($496.42m)Lorenzo enzoBTC ($464.67m)Merlins Seal ($412.71m)Nexus BTC ($282.06m)

Frequently Asked Questions

What is OKX xBTC's TVL?

OKX xBTC currently has $58.65m in total value locked. TVL has decreased 0.6% 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 $51.722b 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 Nexus BTC.