Overview
Wrapped Bitcoin(WBTC)
Token Price$65,283
24h Change-0.13%
All Time HighOct 6, 2025$125,932
All Time LowApr 2, 2019$3,139
Key Metrics
$7.586b
$7.586b
116,132 WBTC
Volume 24h$81.3m
CEX Volume$11.82m
DEX Volume$66.75m
Risks
How much debt can be issued against WBTC as collateral across lending protocols.
Maximum possible exposure to WBTC
$2.958b
$476.03m (max additional borrows against WBTC) + $2.482b (bad debt if WBTC was hacked now)
Aave V3
$1.052b at-risk exposure = $782.66m bad debt if hacked + $269.04m additional borrowable against WBTC
Compound V3
$334.6m at-risk exposure = $216.31m bad debt if hacked + $118.3m additional borrowable against WBTC
Fluid
$65.25m at-risk exposure = $24.15m bad debt if hacked + $41.11m additional borrowable against WBTC
Morpho V1
$200.53m at-risk exposure = $179.17m bad debt if hacked + $21.36m additional borrowable against WBTC
SparkLend
$44.24m at-risk exposure = $24.99m bad debt if hacked + $19.25m additional borrowable against WBTC
Euler V2
$5.27m at-risk exposure = $235,477 bad debt if hacked + $5.03m additional borrowable against WBTC
Neverland
$1.95m at-risk exposure = -- bad debt if hacked + $1.95m additional borrowable against WBTC
Maple
$1.253b at-risk exposure = $1.253b bad debt if hacked + $0 additional borrowable against WBTC
Sky Lending
$2.14m at-risk exposure = $2.14m 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.
Markets
Token Usage
An is required to view token usage.
Liquidations
An is required to view token liquidations.
Yields
Showing 10 of 93 pools
Borrow
Showing 10 of 323 routes
