Ask about WBTC · freeTotal Value Locked$9.651b
TVL by Chain
Bitcoin$9.651b
Key Metrics
Fees 30d$0.31
Fees 30d by chain
Ethereum$0.31
Fees 7d$0
Ethereum$0
Fees 24h$0
Ethereum$0
Cumulative Fees$17.73m
Ethereum$17.73m
Revenue 30d$0.31
Revenue 30d by chain
Ethereum$0.31
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.
Audits:
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 GitHubCompetitors
WBTC history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 31, 2019 to Oct 21, 2026.
All-time high TVL: $15.835b on Nov 10, 2021. All-time low TVL: $229,086 on Mar 25, 2019.
Daily TVL, Sep 22, 2026 to Oct 21, 2026
| Date | TVL |
|---|---|
| Sep 22, 2026 | $10.081b |
| Sep 23, 2026 | $10.038b |
| Sep 24, 2026 | $9.833b |
| Sep 25, 2026 | $9.851b |
| Sep 26, 2026 | $9.791b |
| Sep 27, 2026 | $9.821b |
| Sep 28, 2026 | $9.816b |
| Sep 29, 2026 | $9.73b |
| Sep 30, 2026 | $9.714b |
| Oct 1, 2026 | $9.733b |
| Oct 2, 2026 | $9.88b |
| Oct 3, 2026 | $9.86b |
| Oct 4, 2026 | $9.874b |
| Oct 5, 2026 | $10.069b |
| Oct 6, 2026 | $10.002b |
| Oct 7, 2026 | $9.957b |
| Oct 8, 2026 | $9.698b |
| Oct 9, 2026 | $9.514b |
| Oct 10, 2026 | $9.616b |
| Oct 11, 2026 | $9.662b |
| Oct 12, 2026 | $9.747b |
| Oct 13, 2026 | $9.492b |
| Oct 14, 2026 | $9.718b |
| Oct 15, 2026 | $9.522b |
| Oct 16, 2026 | $9.588b |
| Oct 17, 2026 | $9.498b |
| Oct 18, 2026 | $9.488b |
| Oct 19, 2026 | $9.595b |
| Oct 20, 2026 | $9.508b |
| Oct 21, 2026 | $9.658b |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $13.659b |
| Dec 31, 2024 | $12.256b |
| Jan 31, 2025 | $13.542b |
| Feb 28, 2025 | $10.91b |
| Mar 31, 2025 | $10.607b |
| Apr 30, 2025 | $12.146b |
| May 31, 2025 | $13.406b |
| Jun 30, 2025 | $14.01b |
| Jul 31, 2025 | $14.951b |
| Aug 31, 2025 | $13.599b |
| Sep 30, 2025 | $14.404b |
| Oct 31, 2025 | $13.642b |
| Nov 30, 2025 | $11.261b |
| Dec 31, 2025 | $10.932b |
| Jan 31, 2026 | $10.422b |
| Feb 28, 2026 | $7.762b |
| Mar 31, 2026 | $7.774b |
| Apr 30, 2026 | $8.819b |
| May 31, 2026 | $8.444b |
| Jun 30, 2026 | $6.818b |
| Jul 31, 2026 | $7.378b |
| Aug 31, 2026 | $8.895b |
| Sep 30, 2026 | $9.714b |
| Oct 21, 2026 (latest) | $9.658b |
TVL at each year end, Dec 31, 2019 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2019 | $4.31m |
| Dec 31, 2020 | $3.259b |
| Dec 31, 2021 | $12.183b |
| Dec 31, 2022 | $3.047b |
| Dec 31, 2023 | $6.677b |
| Dec 31, 2024 | $12.256b |
| Dec 31, 2025 | $10.932b |
Fees and revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Nov 2024 | $662,421 | $662,421 |
| Dec 2024 | $1.17m | $1.17m |
| Jan 2025 | $472,381 | $472,381 |
| Feb 2025 | $0 | $0 |
| Mar 2025 | $39,049 | $39,049 |
| Apr 2025 | $17,038 | $17,038 |
| May 2025 | $0 | $0 |
| Jun 2025 | $6,057 | $6,057 |
| Jul 2025 | $0 | $0 |
| Aug 2025 | $40,357 | $40,357 |
| Sep 2025 | $80,516 | $80,516 |
| Oct 2025 | $57,615 | $57,615 |
| Nov 2025 | $192,105 | $192,105 |
| Dec 2025 | $0 | $0 |
| Jan 2026 | $0 | $0 |
| Feb 2026 | $563,570 | $563,570 |
| Mar 2026 | $96,887 | $96,887 |
| Apr 2026 | $172,264 | $172,264 |
| May 2026 | $228,549 | $228,549 |
| Jun 2026 | $39,202 | $39,202 |
| Jul 2026 | $0 | $0 |
| Aug 2026 | $0 | $0 |
| Sep 2026 | $0 | $0 |
| Oct 2026 (to date) | $0.31 | $0.31 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/wbtc
Frequently asked questions
What is WBTC's TVL?
As of Oct 21, 2026, WBTC has $9.651b in total value locked. TVL has increased 2% over the past 30 days.
What chains does WBTC operate on?
WBTC operates on 2 chains: Bitcoin and Ethereum. Bitcoin holds the largest share at 100%.
How much has WBTC generated in fees and revenue?
Over the past 30 days, WBTC generated $0.31 in fees. Of that, $0.31 was protocol revenue. Based on the trailing year, the annualized rate is $1.34m in fees and $1.34m in revenue.
How does WBTC's TVL compare to similar protocols?
Among Bridge protocols tracked by DefiLlama, WBTC ranks #2 by TVL. The category holds $62.75b across 158 protocols, and WBTC accounts for 15.4% of that total. Similar protocols include Unit, SolvBTC, Merlins Seal, NEAR Intents, SoDEX Bridge, PumpBTC, Wan Bridge, Rosen Bridge, TeleSwap, and MultiBit Protocol.