Ask about OKX xBTC

Logo of OKX xBTCOKX xBTC

Total Value Locked$61.92m

TVL by Chain

Bitcoin$61.92m

Protocol Information

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

WebsiteX/Twitter
Category:Bridge

Methodology

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

Competitors

WBTC ($9.941b)Coinbase Bridge ($8.429b)Binance Bitcoin ($5.819b)Unit ($1.047b)Kraken Bitcoin ($808.1m)Function FBTC ($709.96m)SolvBTC ($545.33m)Lorenzo enzoBTC ($513.98m)Merlins Seal ($456.07m)Nexus BTC ($261.26m)

Frequently Asked Questions

What is OKX xBTC's TVL?

OKX xBTC currently has $61.92m in total value locked. TVL has decreased 12% 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 $60.948b across 155 protocols, and OKX xBTC accounts for 0.1% 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.