Overview
Wrapped Bitcoin(WBTC)
Token Price$81,014
24h Change+4.15%
All Time HighOct 6, 2025$125,932
All Time LowApr 1, 2019$3,139.17
Key Metrics
$9.408b
$9.408b
116,132.18 WBTC
Volume 24h$162.09m
CEX Volume$26.19m
DEX Volume$148.77m
Risks
How much debt can be issued against WBTC as collateral across lending protocols.
Maximum possible exposure to WBTC
$3.129b
$517.21m (max additional borrows against WBTC) + $2.612b (bad debt if WBTC was hacked now)
Aave V3
$1.06b at-risk exposure = $750.96m bad debt if hacked + $308.75m additional borrowable against WBTC
Compound V3
$328.93m at-risk exposure = $217.37m bad debt if hacked + $111.56m additional borrowable against WBTC
Fluid
$59.35m at-risk exposure = $20.19m bad debt if hacked + $39.17m additional borrowable against WBTC
SparkLend
$55.29m at-risk exposure = $28.87m bad debt if hacked + $26.42m additional borrowable against WBTC
Morpho V1
$224.05m at-risk exposure = $200.92m bad debt if hacked + $23.14m additional borrowable against WBTC
Euler V2
$6m at-risk exposure = $260,147.09 bad debt if hacked + $5.74m additional borrowable against WBTC
Neverland
$2.44m at-risk exposure = -- bad debt if hacked + $2.44m additional borrowable against WBTC
Maple
$1.393b at-risk exposure = $1.393b 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
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Liquidations
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Yields
Showing 10 of 99 pools
Borrow
Showing 10 of 302 routes
