Overview
Kraken Wrapped BTC(KBTC)
Token Price$64,619
24h Change+4.55%
All Time HighOct 6, 2025$126,108
All Time LowJul 1, 2026$58,028
Key Metrics
Market Cap$394.78m
Fully Diluted Valuation$394.78m
Circ. Supply6,109 KBTC
Volume 24h$546,614
CEX Volume$0
DEX Volume$1.95m
Risks
How much debt can be issued against KBTC as collateral across lending protocols.
Maximum possible exposure to KBTC
$242.75m
$38.96m (max additional borrows against KBTC) + $203.79m (bad debt if KBTC was hacked now)
Morpho V1
$223.3m at-risk exposure = $203.79m bad debt if hacked + $19.51m additional borrowable against KBTC
Tydro
$19.45m at-risk exposure = -- bad debt if hacked + $19.45m additional borrowable against KBTC
Methodology and limitations
Showing collateral exposure for KBTC on onchain. Max Borrowableuses 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.
Protocol | Chain | |||
|---|---|---|---|---|
kBTC0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98 | $19.51m | $203.79m | ||
kBTC0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98 | $19.45m | — |
Markets
Token Usage
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Liquidations
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Yields
Showing 10 of 11 pools
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabKBTC | $170.53m | 0% | 0% | ||||||
| open in new tabKBTC | $127.29m | 0% | 0% | ||||||
| open in new tabWBTC-KBTC0.01% | $19.48m | 0.05% | 0.05% | 0.12% | |||||
| open in new tabKBTC | 🪂 | $13.67m | 0.03% | 0.03% | 0.05% | ||||
| open in new tabKBTC-SOLVBTCCL100 - 0.05% | $4.03m | 0% | 0% | ||||||
| open in new tabUSD₮0-KBTCCL100 - 0.2% | $1.36m | 28.85% | 28.85% | 7.91% | |||||
| open in new tabWETH-KBTCCL100 - 0.2% | $222,922 | 30.75% | 30.75% | 8.85% | |||||
| open in new tabWBTC-KBTC | $83,535 | 0% | 0% | 0.23% | |||||
| open in new tabKBTC-SOLVBTCCL1 - 0.02% | $49,651 | 78.27% | 78.27% | 16.01% | |||||
| open in new tabKBTC-USDGCL100 - 0.18% | $23,374 | 36.01% | 36.01% | 64.44% |
Borrow
Tracking 6 routes
Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabKBTC ➞ USD₮0 | 🪂 | $7.29m | -2.21% | 0.03% | -3.11% | 72% | $14.85m | $1.18m | |
| open in new tabKBTC ➞ USDC | 🪂 | $6.04m | -2.04% | 0.03% | -2.88% | 72% | $14.85m | $1.18m | |
| open in new tabKBTC ➞ WETH | 🪂 | $3.74m | -1.26% | 0.03% | -1.79% | 72% | $14.85m | $1.18m | |
| open in new tabKBTC ➞ USDG | 🪂 | $1.65m | -2.17% | 0.03% | -3.05% | 72% | $14.85m | $1.18m | |
| open in new tabKBTC ➞ GHO | 🪂 | $706,811 | -3.14% | 0.03% | -4.40% | 72% | $14.85m | $1.18m | |
| open in new tabKBTC ➞ USDE | 🪂 | $17,506 | -1.34% | 0.03% | -1.90% | 72% | $14.85m | $1.18m |