wrapped bitcoin13
$wbtc
MCAP11.88B
+4.51%

what's wrapped bitcoin?

Wrapped Bitcoin (WBTC) is a tokenized version of Bitcoin designed to enable its use within Ethereum-based decentralized finance (DeFi) protocols and other compatible blockchains. It operates as an ERC-20 token that is pegged 1:1 to Bitcoin, allowing users to wrap native BTC into WBTC for seamless interaction with DeFi applications like lending, borrowing, and liquidity provision without selling their Bitcoin. The project is custodied by regulated entities such as BitGo, ensuring transparency through on-chain proof-of-reserves and oracles like Chainlink for verifying backing assets. WBTC has expanded to multiple chains including Solana, TRON, Aptos, and Starknet, enhancing Bitcoin's utility in multichain ecosystems. Key features include decentralized minting and burning processes, high liquidity in pools like WBTC-WETH, and ongoing integrations for staking and yield farming to maximize BTC holders' opportunities.

Snapshot

WBTC qualifies for COTI Earn incentives, raised $28.5M, and achieved $689K in weekly IBC volume.

contract

ethereum

osmosis

berachain

sonic

optimistic-ethereum

aptos

bob-network

telos

swellchain

unichain

soneium

base

sei-v2

binance-smart-chain

solana

avalanche

4H ago
FINANCIAL EVENT

Qualifies as one of five assets eligible for a COTI Earn Season 3 incentive program on Carbon DeFi, with qualifying strategies starting at $10 and 1,250,000 COTI allocated per week.

19H ago
FINANCIAL EVENT

Raised $28.5M from Pantera, Multicoin, GSR, and ArkStream.

1D ago
ONCHAIN METRICS

Achieved $689K in weekly IBC (Inter-Blockchain Communication) volume, ranking 4th among IBC assets.

3D ago
ONCHAIN METRICS

Generated over $1 million in protocol revenue from fees and vaults by year-end 2025, excluding emissions.

4D ago
MARKET ACTIVITY

Available as collateral on Fraxlend for borrowing frxUSD at 0.75% APR.

6D ago
WHALE ACTIVITY

World Liberty Financial sold $2,500,000 in WBTC on January 7, 2026 to acquire 770 ETH.

1W ago
ONCHAIN METRICS

Has transferred over $42 billion in value across the multichain economy via Wormhole.

WHALE ACTIVITY

A whale purchased 264.8 WBTC for $30 million at an average price of $113,262 in late October 2025.

WHALE ACTIVITY

A whale accumulated a total of 761.4 WBTC (at an average cost of $90,491 per WBTC) by exchanging 21,973 ETH (approximately $68.9 million).

WHALE ACTIVITY

An Ethereum OG whale swapped 14,146 ETH for 492 WBTC over a 7-hour period on January 3rd, 2026, at a ratio of 0.03479 ETH per WBTC.

MARKET ACTIVITY

Native WBTC listed on Orca (Solana DEX) in 2025.

3W ago
WHALE ACTIVITY

A whale (address 0xa923) purchased 228 WBTC worth $20.2M as part of a trade exiting an AAVE position on December 22, 2025.

1M ago

WBTC expands to TRON ecosystem with JustLend DAO integration for trading, depositing, and borrowing to earn rewards.

wBTC launches on Wasabi platform with up to 10x leverage trading and yield earning from real onchain activity.

LayerZero enables WBTC on Sui blockchain, bringing Bitcoin liquidity cross-chain to the Sui ecosystem with products already integrating it. Velodrome Slipstream on Unichain offers ~456% APR for USDT0-WBTC liquidity pool.

WBTC.axl-LUNA liquidity pool on Terra Liquidity Alliance offers up to 317% APR, while wBTC.osmo-USDC pool on Neutron offers up to 50% APR through Astroport LPs.

WBTC holders become eligible for oDOLO rewards alongside holders of HONEY, USDC, BERA, USD1, srUSD, BYUSD, and ETH.

WBTC/WETH liquidity pool on LYNX platform offers 95% APR yield for single deposit WBTC staking this epoch.

StructuredFi reports maxBTC-WBTC liquidity pool on Astroport yields 5.76% APY, with pool liquidity maintaining steady upward growth.

WBTC pool on yieldbasis platform completes full rebalancing.

WBTC inflows increase on Arbitrum network alongside +49% transaction growth and +18% DEX volume over a 7-day period.

WBTC becomes crosschain ready on Sui via BitGo and LayerZero integration. Curve Finance launches new hemiBTC/WBTC/cbBTC tripool with 1.6% native yield and 160% CRV incentive rewards.

Curve launches a liquidity pool on Monad network containing WBTC/LBTC/BTC.b offering approximately 15% APR yields subsidized by 30,000 MON tokens daily, with current TVL at $2.3m and rewards claimable on Merkl.

oDOLO_rewards program launches, offering rewards to WBTC holders along with holders of HONEY, USDC, BERA, USD1, srUSD, BYUSD, and ETH.

Superlend offers a new yield strategy where users deposit LBTC and borrow WBTC at 3x leverage for 26.18% net APR and 9x LUX rewards, targeting Lombard Finance users.

The UXLINK Exploiter buys 38.2 WBTC ($3.38M) at $88,530.

Keplr wallet provides fee sponsorship for wBTC transactions on Neutron network, allowing users to obtain gas tokens for participating in Bitcoin Summer. (ID: 1995536385248559372)

The Almanak Strategy Builder platform launches, offering AI-powered tools to create and deploy LP strategies for WBTC/WETH pairs without coding, with future delta hedging features for LPs planned.

The Structured protocol offers a wBTC correlated pair vault with MaxBTC yielding 34% APR and Bitcoin summer rewards.

Kraken wBTC can be deposited on Tydro (an Aave instance operated by Ink Foundation) to farm Kraken's future $INK token, earning 0.07 INK points per $1000 deposited daily during a 13-week incentive period running through January 14th 2026.

A whale sold 350 WBTC over the past week at an average price of $87,732 (cost basis $116,762), realizing a $10.16 million loss, and still holds 1,210 WBTC with $30.9 million in unrealized losses.

WBTC holders receive weekly oDOLO rewards distributed every Thursday.

Smart money records $204K net inflows today, ranking second among top netflows.

WBTC/WETH liquidity pool on Lynex offers 191% Vote APR for single deposit staking.

USDC-WBTC liquidity pool on Velodrome Slipstream on OP Mainnet offers approximately 209% APY in LP rewards.

A user lost WBTC on Aave Ethereum through a malicious permit signature attack.

Folks Finance launches on Monad with wBTC available for lending and borrowing, offering 5000 $FOLKS incentives for depositors.

New cbBTC/WBTC yield strategy available through StakeDAO's infrastructure and Curve ecosystem position.

USDT0-WBTC pair on Velodrome Slipstream yields approximately 991% APY on Unichain.

WBTC now available for deposit on BTC+ platform on Solana with up to 13% APY.

WBTC now available for deposit on Monad through Stargate's cross-chain bridge with guaranteed pricing and no slippage.

BOB completes TGE with controversial distribution excluding many SPICE points holders; BOB token liquidity deployed on BNB Chain instead of BOB or Ethereum, while WBTC exits from BOB require rollup challenge periods if OFT migration windows were missed.

UNIBTC-WBTC pair on Kodiak yields approximately 8% APY as of Nov 23, 2025.

Whale closes entire 700 WBTC position purchased at $116,603 through Aave circular lending in May-July, selling at $85,628 for $21.68M realized loss to avoid liquidation as BTC drops to $80K.

Aave whale faces subsequent liquidation of $11.41M in WBTC collateral as BTC drops to ~$80K, bringing cumulative liquidation total to $20M.

WBTC whale on AAVE liquidated for $8.59M when BTC drops below $87K, with WBTC collateral position against USDT borrowing getting forcibly closed.

Terra Liquidity Alliance offers ~55% APR yield opportunity on LUNA-WBTC pair accessible through Astroport LPs via Neutron and Phoenix dashboards.

Ekubo Protocol's tBTC/wBTC pool offers approximately 20% APY yield opportunity for the correlated Bitcoin pair.

Whale completes sale of 18,517 ETH for $56.45M over two days, realizing $25.29M in losses to avoid liquidation. The whale's remaining 1,560 WBTC position shows $41.12M unrealized loss with cost basis at $116,762 per WBTC.

Whale sells 175 WBTC for 16.18M USDC in past 5 hours to complete deleveraging, having sold total 725.8 WBTC at $98,939 average over two weeks to avoid liquidation near $100k BTC price, now holds 618.2 WBTC ($57M).

Anchorage Digital now supports WBTC staking on Starknet with institutional custody services, allowing institutions to custody and stake WBTC directly through the regulated platform.

Whale reduces Aave debt to $121M and improves health factor to 1.12 after selling 9,516.8 ETH for $29.36M USDT, currently holding 1,560 WBTC ($144M) and 9,000 ETH as collateral with liquidation risk remaining at 12% price drop.

StarSystem_Labs Nebula Miner launches with SDIV airdrop distributed in wBTC, featuring $1M boost and 50% bonus for eligible wallets based on mining score from ETH-SHIB/PEPE deposits.

Cap Money protocol uses WBTC alongside LBTC and wstETH as collateral in $50M backing pool for $14M in loans at 3.4x over-collateralization supporting cUSD stablecoin, with the collateral fully verifiable on chain.

A whale holding $263M in WBTC and ETH on Aave reaches critical liquidation risk with health factor of 1.05 and $146M debt, forced to sell 1,316.8 ETH to reduce risk as another 5% drop in BTC/ETH triggers liquidation with current unrealized loss of $65.49M.

Kuru DEX launches on Monad in 7 days with wBTC support and deep liquidity provided through Vaults product for major assets including wBTC, wETH, MON, and stablecoins.

WBTC liquidity pools on Velodrome Slipstream yield ~126% for WBTC-USDT0 and ~111% for WBTC-WETH pairs.

Users cannot pay off loans and withdraw BTC collateral on Yala protocol, with YBTC liquidity gone and redemptions to WBTC halted.

A whale gets liquidated for $6.67M on Compound protocol involving a leveraged WBTC long position as BTC falls below $100K.

2M ago

oDOLO rewards program now available to WBTC holders alongside seven other tokens including HONEY, USDC, BERA, USD1, srUSD, BYUSD, and ETH.

WBTC launches on Hedera network through collaboration with LayerZero and BitGo.

WBTC/WETH single deposit gauge offers 728% Vote APR this epoch.

New VirtualPool contracts for WBTC go live on yieldbasis platform, with call for arbitrage traders to connect bots to maintain market health.

Beefy Finance aggregator shows WBTC-USDT Uniswap LP on Arbitrum with 2008% APY and 0.30% daily ROI, with low TVL noted as risk.

wBTC lending multiplier increases to 4x from 3x on Neutron's Phase II, NTRN lock for maximum boost drops to 1 year from 4 years, and Ethereum vaults migrate to Neutron positions.

WBTC added to Pendle Finance's new pool offerings.

Solv Protocol's solvBTC staking rewards holders with continuous airdrops of $ASTER, $DOLO, and $BABY tokens, while BTC+ holders share in a $100k $SOLV reward earning 5% APY and solv points. WBTC is supported alongside cbBTC, tBTC, and uBTC in Solv's BTCFi ecosystem.

COTI Earn campaign goes live on CarbonDeFi, accepting WBTC for rewards through deposits, strategy creation, and liquidity provision on COTI's L2 ecosystem.

WBTC holders can claim oDOLO rewards from Dolomite, announced at SmartCon 2025.

Lombard acquires BTC.b with plans to expand the WBTC competitor to Ethereum, Solana, and MegaEth, integrate with 80+ DeFi protocols, and support through SDK adopted by Binance and Bybit.

A whale using Aave to long WBTC gets liquidated for $31.47M as BTC drops below $101K, with the position supplying WBTC to borrow USDT completely wiped out.

A whale sells 465.4 WBTC at $102,722 average price after a leveraged position of 1,320 WBTC ($132 million) nears liquidation following a market decline. The forced sale occurs to prevent full liquidation of the circular lending position.

Depositing WBTC now yields maxBTC tokens with immediate yield accrual through a new product.

WBTC vaults on Yield Basis protocol reach full capacity with no outflows since launch, earning $2M in accumulated fees with 80%+ of ybBTC LP tokens staked at 25% APR.

EchelonMarket on Aptos provides 1.64% APR on WBTC lending with $4.49m total value locked.

New v4 liquidity pools launch with boosted incentives featuring wBTC/ETH among five heavily rewarded pairs as part of November's incentive campaign.

WBTC earns 9% yield on CORE-powered Bitcoin DeFi as a standard non-promotional rate.

WBTC holders can claim oDOLO rewards today alongside holders of HONEY, USDC, BERA, USD1, srUSD, BYUSD, and ETH.

gardenfi hacked for approximately $6M across multiple chains with WBTC among the primary stolen assets; attacker continues swapping and bridging funds to ETH.

Native WBTC deposits and withdrawals go live on Solana via HTX exchange.

Gauntlet USDC Prime goes live on Optimism's OP Mainnet featuring WBTC among highly liquid collateral markets with active OP incentives.

Over 1,000 BTC bridged to Starknet in the last 3 weeks, representing 10x growth since the btcfi launch.

A whale who previously made $850k profit trading WBTC re-enters with a $30M USDT purchase of 264.8 WBTC at $113,262 over the last 4 days.

MMTFinance HODL Yield Campaign Phase 2 on Sui blockchain (Oct 25-Nov 15) includes xbtc–wbtc and lbtc–wbtc liquidity pools offering 110-200% APR boosts with rewards distributed in USDC two weeks after campaign ends.

Solv Protocol locks 10,000 BTC with $1.1B bridged value, scaling up significantly from the 1000 BTC capacity reported on 2025-10-24, using Chainlink Proof of Reserve and APRO monitoring systems.

Solv Protocol's BTC+ Vault offers 4-6% returns for WBTC (among other wrapped BTC tokens) with zero performance fees and $100k SOLV rewards. The vault reached 400 BTC capacity in under 2 months and expanded to 1000 BTC (already 50% filled).

WBTC holders can claim oDOLO rewards today.

Starknet crosses 1,000 BTC bridged milestone three weeks into its BTCFi initiative.

Coinbase won a lawsuit from BiT Global over WBTC delisting and maintains "zero plans" to relist. WBTC supply has flatlined since the BiT Global deal, and WBTC represents a significant portion of collateral for crvUSD on Curve Finance and Yield Basis platforms.

$4.92B in WBTC supplied on Aave protocol. Concerns raised about Justin Sun's control over WBTC as a potential rug pull risk to the protocol.

Wrapped BTC transfer volume on Solana reaches $6.5B in October, up 18% since August.

WBTC is now live and operational on Sui Network through LayerZero Labs.

Stargate announces upcoming support for WBTC as an OFT (Omnichain Fungible Token) for bridging to and from Sui Network from Ethereum with zero slippage and no fees.

Ekubo DEX on Starknet launches WBTC-tBTC liquidity pools with double-digit STRK APRs. SolvProtocol's BTC vault supports WBTC among other wrappers with over $600M TVL across Venus Protocol and Lista DAO on BNB Chain, fueling $300M+ in active lending.

BERA-WBTC vault yields approximately 79% APR on Berachain as of October 22nd, 2025.

Traders warn about WBTC's association with Justin Sun and recommend switching to competitor tBTC to minimize long tail risk.

Starknet Earn goes live bringing Bitcoin yield to Starknet with WBTC bridging. Mars protocol on Neutron provides 13% APR in NTRN rewards plus base lending APY for wBTC deposits.

WBTC is now available on the Tron blockchain.