Overview
Kraken Wrapped BTC(KBTC)
Token Price$80,528-1.32%over 24h
All Time HighApr 6, 2026$139,230
All Time LowJul 1, 2026$57,886
Key Metrics
Market Cap$727.49m
Fully Diluted Valuation$727.49m
Circ. Supply9,033.96 KBTC
Volume 24h$191,427
CEX$0
Spot$0
USD Perp$0
COIN Perp$0
DEX$191,427
Spot$191,427
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
$408.48m
$54.15m (max additional borrows against KBTC) + $354.32m (bad debt if KBTC was hacked now)
Morpho V1
$391.42m at-risk exposure = $354.32m bad debt if hacked + $37.1m additional borrowable against KBTC
Tydro
$17.06m at-risk exposure = -- bad debt if hacked + $17.06m 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 6 pools, average APY 19.51%
Borrow
Tracking 3 routes