Overview
Wrapped Bitcoin(WBTC)
Token Price$64,681
24h Change+1.13%
All Time HighOct 6, 2025$125,932
All Time LowApr 2, 2019$3,139
Key Metrics
$7.511b
$7.511b
116,132 WBTC
Volume 24h$44.48m
CEX Volume$10.19m
DEX Volume$30.27m
Risks
How much debt can be issued against WBTC as collateral across lending protocols.
Maximum possible exposure to WBTC
$3.001b
$515.35m (max additional borrows against WBTC) + $2.486b (bad debt if WBTC was hacked now)
Aave V3
$1.081b at-risk exposure = $786.82m bad debt if hacked + $293.89m additional borrowable against WBTC
Compound V3
$326.19m at-risk exposure = $214.21m bad debt if hacked + $111.98m additional borrowable against WBTC
Fluid
$65.43m at-risk exposure = $24.27m bad debt if hacked + $41.16m additional borrowable against WBTC
Morpho V1
$210.82m at-risk exposure = $175.31m bad debt if hacked + $35.51m additional borrowable against WBTC
SparkLend
$51.55m at-risk exposure = $25.37m bad debt if hacked + $26.18m additional borrowable against WBTC
Euler V2
$5.19m at-risk exposure = $447,457 bad debt if hacked + $4.74m additional borrowable against WBTC
Neverland
$1.88m at-risk exposure = -- bad debt if hacked + $1.88m additional borrowable against WBTC
Maple
$1.258b at-risk exposure = $1.258b bad debt if hacked + $0 additional borrowable against WBTC
Sky Lending
$2.1m at-risk exposure = $2.1m bad debt if hacked + $0 additional borrowable against WBTC
Methodology and limitations
Showing collateral exposure for WBTC 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 WBTC as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Protocol | Chain | |||
|---|---|---|---|---|
WBTC0x2260fac5e5542a773aa44fbcfedf7c193bc2c599 | $251.53m | $708.87m | ||
WBTC0x2260fac5e5542a773aa44fbcfedf7c193bc2c599 | $96.88m | $200.05m | ||
WBTC0x2260fac5e5542a773aa44fbcfedf7c193bc2c599 | $32.11m | $167.59m | ||
WBTC0x2f2a2543b76a4166549f7aab2e75bef0aefc5b0f | $28.61m | $56.6m | ||
WBTC0x2260fac5e5542a773aa44fbcfedf7c193bc2c599 | $26.18m | $25.37m | ||
WBTC0x2260fac5e5542a773aa44fbcfedf7c193bc2c599 | $21.41m | $20.18m | ||
WBTC0x2f2a2543b76a4166549f7aab2e75bef0aefc5b0f | $18.99m | $3.53m | ||
WBTC0x2f2a2543b76a4166549f7aab2e75bef0aefc5b0f | $13.54m | $10.29m | ||
WBTC0x1bfd67037b42cf73acf2047067bd4f2c47d9bfd6 | $7.76m | $21.35m | ||
WBTC0x68f180fcce6836688e9084f035309e29bf0a2095 | $5.99m | — |
Markets
Token Usage
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Liquidations
An is required to view token liquidations.
Yields
Showing 10 of 103 pools
Pool | Reference | Protocol | Chain | 30d Trend | ||||
|---|---|---|---|---|---|---|---|---|
| 1aEthWBTCAave Ethereum WBTC | WBTC | $2.057b | <0.01% | Stable93 | 10,059 | |||
| 2LBTCLombard Staked Bitcoin | WBTC | $600.82m | 0.33% | Stable99 | 23,304 | |||
| 3aArbWBTCAave Arbitrum WBTC | WBTC | $186.78m | 0.05% | Stable97 | 14,827 | |||
| 4spWBTCSpark WBTC | WBTC | $163.44m | <0.01% | Stable84 | 183 | |||
| 5WBTCSolvBTC | WBTC | $153.91m | 0.00% | Stable100 | ||||
| 6aPolWBTCAave Polygon WBTC | WBTC | $54.09m | 0.02% | Stable99 | 28,827 | |||
| 7WBTCCore | WBTC | $37.54m | <0.01% | Mixed58 | 0 | |||
| 8WBTCSolvBTC | WBTC | $36.78m | 0.00% | Stable100 | ||||
| 9vbgtWBTCVault Bridge WBTC | WBTC | $23.48m | <0.01% | Stable82 | 19 | |||
| 10cWBTCCompound Wrapped BTC | WBTC | $20.48m | 0.00% | Stable100 | 1,238 |
Borrow
Showing 10 of 315 routes
Collateral / Borrow | Protocol | Chain | |||||
|---|---|---|---|---|---|---|---|
| 1WBTC / USD₮0 | +10.01% | 28.08% | 18.08% | $71,277 | 70% | ||
| 2WBTC / eBTC | +8.97% | 9.00% | 0.03% | $35.27m | 40% | ||
| 3WBTC / USDT.e | +2.75% | 4.03%0.79%+3.23% | 1.28%6.99%-5.71% | $29,654 | 7% | ||
| 4WBTC / WETH | +2.44% | 2.61%0.01%+2.60% | 0.17%4.17%-4.00% | $869,693 | 70% | ||
| 5WBTC / USDt | +2.35% | 3.36%0.00%+3.36% | 1.01%5.75%-4.74% | $327,712 | 76% | ||
| 6WBTC / weETH | +2.32% | 2.32% | <0.01% | $98,637 | 87% | ||
| 7WBTC / USDC.e | +2.29% | 4.03%0.79%+3.23% | 1.73%6.47%-4.74% | $50,955 | 7% | ||
| 8WBTC / UNI | +1.82% | 2.32% | 0.50% | $1.34m | 87% | ||
| 9WBTC / ETH | +1.38% | 4.03%0.79%+3.23% | 2.64%3.60%-0.96% | $18,972 | 7% | ||
| 10WBTC / LINK | +1.24% | 2.32% | 1.08% | $450,689 | 87% |