Overview
Kraken Wrapped BTC(KBTC)
Token Price$82,751+1.22%over 24h
All Time HighApr 6, 2026$139,230
All Time LowJul 1, 2026$57,886
Key Metrics
Market Cap$753.92m
Fully Diluted Valuation$753.92m
Circ. Supply9,111.11 KBTC
Volume 24h$43,094
CEX$0
Spot$0
USD Perp$0
COIN Perp$0
DEX$43,094
Spot$43,094
USD Perp$0
COIN Perp$0
Token information
Risks
How much debt can be issued against KBTC as collateral across lending protocols.
Maximum possible exposure to KBTC
$398.48m
$61.16m (max additional borrows against KBTC) + $337.32m (bad debt if KBTC was hacked now)
Morpho V1
$383.81m at-risk exposure = $337.32m bad debt if hacked + $46.49m additional borrowable against KBTC
Tydro
$14.67m at-risk exposure = -- bad debt if hacked + $14.67m additional borrowable against KBTC
Methodology and limitations
Showing collateral exposure for KBTC on onchain. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
- Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.
Show exposure details
Each row is one protocol-chain exposure for KBTC as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Markets
Token Usage
Token usage needs a subscription
Liquidations
Token liquidations need a subscription
Yields
Tracking 8 pools, average APY 25.35%
Borrow
Tracking 3 routes