Logo of WBTCWBTC
Total Value Locked$8.8b

TVL by Chain

Bitcoin$8.8b

Key Metrics

Fees (Annualized)$1.43m
Fees 30d$0

Ethereum$0

Fees 7d$0

Ethereum$0

Fees 24h$0

Ethereum$0

Cumulative Fees$17.73m

Ethereum$17.73m

Revenue (Annualized)$1.43m
Revenue 30d$0

Ethereum$0

Revenue 7d$0

Ethereum$0

Revenue 24h$0

Ethereum$0

Cumulative Revenue$17.73m

Ethereum$17.73m

Protocol Information

Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin.Completely transparent. 100% verifiable. Community led.

Category:Bridge

Audits:

WebsiteGitHubTwitter

Methodology

TVL: TVL for WBTC consists of the BTC deposits in custody that were used to mint WBTCView code on GitHubFees: Minting and buring fees paid by users.View code on GitHubRevenue: All fees are revenue.View code on GitHub

Competitors

Coinbase Bridge ($7.553b)Binance Bitcoin ($5.26b)Unit ($690.62m)Function FBTC ($664.63m)Kraken Bitcoin ($586.84m)SolvBTC ($500.52m)Lorenzo enzoBTC ($472.68m)Merlins Seal ($418.8m)exSat Staking BTC ($190.11m)Stacks sBTC ($189.27m)

Frequently Asked Questions

What is WBTC?

Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin.Completely transparent. 100% verifiable. Community led.

What is WBTC's TVL?

WBTC currently has $8.8b in total value locked. TVL has increased 16.8% over the past 30 days.

What chains does WBTC operate on?

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

How much has WBTC generated in fees and revenue?

Over the past 30 days, WBTC generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $1.43m in fees and $1.43m in revenue.

How does WBTC's TVL compare to similar protocols?

Among Bridge protocols tracked by DefiLlama, WBTC ranks #1 by TVL. The category holds $51.242b across 154 protocols, and WBTC accounts for 17.2% of that total. Other leading protocols include Coinbase Bridge, Binance Bitcoin, Unit, Function FBTC, Kraken Bitcoin, SolvBTC, Lorenzo enzoBTC, Merlins Seal, exSat Staking BTC, and Stacks sBTC.