Overview
Wrapped Bitcoin(WBTC)
Token Price$62,778
24h Change-0.8%
All Time HighOct 6, 2025$125,932
All Time LowApr 1, 2019$3,139.17
Key Metrics
$7.29b
$7.29b
116,132.18 WBTC
Volume 24h$82.16m
CEX Volume$23.61m
DEX Volume$59.8m
Risks
How much debt can be issued against WBTC as collateral across lending protocols.
Maximum possible exposure to WBTC
$2.986b
$425.89m (max additional borrows against WBTC) + $2.561b (bad debt if WBTC was hacked now)
Aave V3
$1.021b at-risk exposure = $793.39m bad debt if hacked + $227.9m additional borrowable against WBTC
Compound V3
$330.34m at-risk exposure = $217.09m bad debt if hacked + $113.26m additional borrowable against WBTC
Fluid
$60.98m at-risk exposure = $20.86m bad debt if hacked + $40.12m additional borrowable against WBTC
Morpho V1
$210.19m at-risk exposure = $186.23m bad debt if hacked + $23.96m additional borrowable against WBTC
SparkLend
$38.87m at-risk exposure = $25.49m bad debt if hacked + $13.39m additional borrowable against WBTC
Euler V2
$5.62m at-risk exposure = $212,191.21 bad debt if hacked + $5.41m additional borrowable against WBTC
Neverland
$1.86m at-risk exposure = -- bad debt if hacked + $1.86m additional borrowable against WBTC
Maple
$1.317b at-risk exposure = $1.317b 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 319 routes
