WBTC
Wrapped Bitcoin
WBTC

Wrapped Bitcoin price

in AUD
A$170,228.73
+A$3,003.68 (+1.79%)
AUD
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Market cap
A$21.63B #12
Circulating supply
127.12K / 127.12K
All-time high
A$190,184.65
24h volume
A$688.21M
4.0 / 5
WBTCWBTC
AUDAUD

About Wrapped Bitcoin

Wrapped Bitcoin (WBTC) is a tokenized version of Bitcoin designed to bring the value and liquidity of Bitcoin into the Ethereum ecosystem. Each WBTC is backed 1:1 by Bitcoin, meaning for every WBTC in circulation, an equivalent amount of Bitcoin is securely held in reserve. This allows Bitcoin holders to access Ethereum-based decentralized finance (DeFi) applications, such as lending, borrowing, and trading, without selling their Bitcoin. By bridging Bitcoin to Ethereum, WBTC enables users to earn yield, provide liquidity, and participate in DeFi while maintaining exposure to Bitcoin's value. It's a powerful tool for unlocking Bitcoin's potential in a multi-chain world.
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Last audit: --

Wrapped Bitcoin’s price performance

Past year
+89.20%
A$89.97K
3 months
+5.37%
A$161.55K
30 days
-2.63%
A$174.81K
7 days
+1.05%
A$168.45K

Wrapped Bitcoin on socials

Alex
Alex
🟣 Last time I wrote about the chaos of DeFi - the endless tabs, fake “alpha,” and the burnout from trying to keep up. I argued that simplification isn’t just a convenience; it’s essential for survival. Now, let’s examine it with more clarity. DeFi is growing rapidly: daily active wallets across major chains often exceed 1M+ users, and trading volumes hit billions per day. But beneath those numbers, attention is the truly scarce resource. On average, users spend minutes to hours daily on approvals, gas checks, bridging, and recalculating yields. These “micro-frictions” don’t appear in dashboards, but they build up into fatigue and poor decision-making. That’s why I’ve been paying closer attention to @TeaFi_Official. It’s one of the few projects aiming to turn growth into sustainable user experiences: > SuperSwap condenses 3–4 actions (bridge → swap → approve) into a single flow. Less friction means less mental load. > Execution tools (like limit and time-weighted orders) separate decisions from constant monitoring, allowing your intent to unfold without you being glued to the screen. > Private mode respects boundaries - some actions should remain invisible until you choose otherwise. > The upcoming AI Co-Pilot could be a game-changer: personalized recommendations across 12+ chains, based on your wallet data and habits. If done right, it’s a step toward systems that restore quiet instead of demanding endless attention. When I first mentioned TeaFi, I focused on clarity. Now, I see it’s also about mental health. If users had to manually manage every process indefinitely, the industry would collapse under its own complexity. That’s why so many discuss DeFi burnout - it’s not just financial; it’s psychological. TeaFi’s roadmap feels like a direct antidote: less noise, more trust, and healthier ecosystems. Some tools make you feel like you’re battling the system. Others render it invisible. That distinction determines whether you thrive or burn out. Check this post 👇
Alex
Alex
🤔 It's easy to get lost in the crypto market with so many useless “new alpha versions.” Twenty new tokens, 100 tabs that require maximum attention, endless “mandatory” farms popping up like weeds. And all of this takes up a lot of time. Why? I've been there too, chasing the hype and ultimately feeling more depressed than strong and successful. Sound familiar? But here's the truth: most of it is garbage. Simplification is not a luxury, it's a superpower. And not many people and projects on the market have it. That’s why I’ve been paying more attention to tools that help filter, simplify, and let me stay consistent. One I came across recently on my X feed is @TeaFi_Official - instead of adding more to track, it’s built around reducing clutter and keeping you sharp. Right now they already have things like gasless transactions (so you don’t waste time juggling gas), cross-chain moves in one click, and full self-custody. And their roadmap goes even further - with an AI Copilot for personalized recommendations across 12+ chains based on your wallet and habits, deep integrations, and collaborations outside of the usual DeFi bubble. Feels like a step toward making DeFi less about hype and more about clarity. I would be interested to hear how you deal with information overload. What is your secret to choosing what to grow and what to skip? Share your tips in the comments below, tag me and @TeaFi_Official so we can all level up together! #DeFi #Polygon
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Whale Sniper
Whale Sniper
Binance - USDT Market #WBTC - Unusual selling activity 1.2M USDT in 16 seconds (16%) P: 111,021 🔴 (0.14%) 24H Vol: 8.68M USDT
3.54K
0
刘社长.eth💤
刘社长.eth💤
Buidlpad × Lombard $BARD New Token Launch Event I didn't participate in the two popular new token launches in the last two days. One is @Lombard_Finance, the third project on @buidlpad. Due to the high multiplier expectations from the previous two rounds, the buzz on Twitter is still quite hot. However, I've tried several BTC ecosystem projects and they didn't meet my personal expectations, so this time I'll mainly observe. Personally, I think it's unlikely to see returns like Solayer again. The percentage of financial returns is probably about the same. Let me write a tweet to summarize this project. Buidlpad, as an emerging Launchpad platform in 2024, has completed three projects raising a total of $25.75 million, relying on the "de-VC" concept and strict KYC mechanisms. Lombard Finance, as a leader in Bitcoin DeFi, has a TVL of $1.53 billion. This time, it is valued at $450 million FDV on Buildpad, raising $6.75 million, selling only 1.5% of the tokens with 100% TGE unlock. Community sentiment shows a "high heat - high divergence" pattern, with supporters optimistic about the BTCFi narrative and low circulation speculation, while skeptics worry about high valuations and selling pressure risks. I used @Surf_Copilot to search and organize some related information to help everyone understand. This tool is really useful. Buildpad Platform Introduction Platform Background and Positioning Buildpad ( Core Data Performance Platform Unique Mechanisms Community Distribution: Up to 30% allocation for active contributors - Anti-Sybil System: Combines KYC, on-chain holdings, and activity scoring to filter participants - Strict Compliance: Mandatory KYC throughout the process, prohibiting users from the U.S., mainland China, and over 30 restricted regions from participating. Historical Project Performance Sahara AI: FDV $600 million, raised $59 million, ATH return 2.68× Solayer: Solana ecosystem LSDFi, ATH return 9.77×, the platform's first launch. Lombard Finance Project Analysis Project Basic Situation Competitive Advantage Analysis 1. Market Leadership: TVL surpasses SolvBTC ($480 million) and Lorenzo ($100 million) 2. Broad Cross-Chain Coverage: Supports 12 chains including EVM, Solana, Sui, etc. 3. Yield Stacking Model: Unlike passive wrapping like WBTC, LBTC offers approximately 1% Babylon staking yield. 4. Security Architecture: 14 institutional Security Consortium + CubeSigner hardware MPC wallet. $BARD New Token Launch Event Details Core Economic Parameters Event Timeline (UTC) Token Expectations and Market Sentiment Investor Expectation Analysis Optimistic Expectations: - Based on Buildpad's historical projects (Solayer 2-3 times) inertia prediction. - Low circulation + first-tier CEX listing expectations support short-term premiums. - BTCFi leader narrative and $1.5 billion TVL fundamentals support. Risk Concerns: - High valuation doubts: Is the $450 million FDV too high? - Selling pressure risks: 1.5% circulation + zero lock-up, a price doubling corresponds to a $900 million FDV, leading to significant unlocking pressure later. - Liquidity concerns: The $6.75 million fundraising cap may lead to "too much money being stuck in" oversubscription. Today, the fundraising ended with a 13x oversubscription. The target was to raise $6.75 million, but everyone contributed over $90 million, showing that there is still plenty of hot money and enthusiasm for relatively certain opportunities. Did you participate in this new token launch?
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Wrapped Bitcoin FAQ

Wrapped Bitcoin (WBTC) is an Ethereum-based token that serves as a representation of the value of Bitcoin on the Ethereum network. Created by custodians who hold Bitcoin reserves, WBTC is issued in a 1:1 ratio, enabling users to access and utilize Bitcoin's liquidity and value within the Ethereum and larger DeFi ecosystem.

WBTC brings Bitcoin's liquidity and value to the Ethereum network, allowing users to access a wide range of DeFi protocols and applications. It enables BTC holders to participate in DeFi platforms, such as lending, borrowing, yield farming, and decentralized exchanges, while still retaining exposure to Bitcoin's value. WBTC bridges the gap between Bitcoin and Ethereum, enabling seamless movement of value and assets between the two major ecosystems.

Easily buy WBTC tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include WBTC/USDT and WBTC/BTC.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for WBTC with zero fees and no price slippage by using OKX Convert.

Currently, one Wrapped Bitcoin is worth A$170,228.73. For answers and insight into Wrapped Bitcoin's price action, you're in the right place. Explore the latest Wrapped Bitcoin charts and trade responsibly with OKX.
Cryptocurrencies, such as Wrapped Bitcoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Wrapped Bitcoin have been created as well.
Check out our Wrapped Bitcoin price prediction page to forecast future prices and determine your price targets.

Dive deeper into Wrapped Bitcoin

The decentralized finance (DeFi) landscape has experienced a rapid surge in popularity, transforming the way we interact with traditional finance systems. Bitcoin (BTC), as the world's largest cryptocurrency by market capitalization, plays a vital role. Wrapped Bitcoin (WBTC) was introduced to provide users with access to Bitcoin's liquidity and benefits within the DeFi ecosystem.

What is Wrapped Bitcoin

Wrapped Bitcoin (WBTC) is an Ethereum-based token designed to bring the liquidity and value of Bitcoin to the Ethereum network and the broader DeFi ecosystem. As an ERC-20 token pegged 1:1 to BTC, each WBTC represents an equivalent amount of BTC. This is made possible through a custodian model, where approved custodians hold the BTC in reserve. By wrapping BTC in an ERC-20 format, users gain access to the versatility of Ethereum and can seamlessly utilize BTC in a variety of DeFi applications.

The Wrapped Bitcoin team

The Wrapped Bitcoin project is a collaborative effort by several industry-leading players. The team behind WBTC comprises prominent organizations such as BitGo, Ren, and Kyber Network. BitGo acts as the primary custodian for Bitcoin reserves, ensuring the safety and integrity of the underlying assets. Ren facilitates the wrapping process, allowing BTC holders to convert their BTC into WBTC. Meanwhile, Kyber Network provides liquidity for WBTC, enabling seamless integration into the DeFi ecosystem.

How does Wrapped Bitcoin work

Wrapped Bitcoin (WBTC) operates through a network of reputable and audited custodians responsible for holding the Bitcoin reserves. To obtain WBTC, users send their BTC to one of these approved custodians, who then generate an equivalent amount of WBTC on the Ethereum network. Ren's decentralized custodial solution facilitates this wrapping process. WBTC can be redeemed for BTC at any time, with the corresponding amount of WBTC burned.

Wrapped Bitcoin’s native token: WBTC

WBTC is the native token of the Wrapped Bitcoin ecosystem. It functions as an ERC-20 token on the Ethereum blockchain, making it easily tradable and compatible with various decentralized exchanges (DEX), wallets, and decentralized applications (dApps). With WBTC, users can participate in DeFi protocols, including lending, borrowing, liquidity provision, and yield farming, while still maintaining exposure to Bitcoin's value.

WBTC tokenomics

The total supply of WBTC is determined by the number of BTC tokens held in secure custody. Each WBTC token in circulation represents an equivalent amount of BTC stored and accounted for. This 1:1 pegging mechanism ensures that the value of WBTC remains consistent with that of BTC. Regular audits conducted by third-party firms further enhance transparency and verify the integrity of WBTC, reassuring users about the custodial reserves and token supply.

WBTC use cases

WBTC opens up numerous opportunities for Bitcoin holders within the DeFi ecosystem. Holders can leverage WBTC as collateral to borrow stablecoins or other digital assets, thus unlocking liquidity without selling their BTC holdings. WBTC can also be utilized in DEXs for trading against other ERC-20 tokens or providing liquidity in automated market makers (AMM). Additionally, WBTC enables BTC holders to access yield farming strategies and participate in decentralized lending platforms.

WBTC token distribution

WBTC's token distribution is primarily facilitated through approved custodians, who create new WBTC tokens in exchange for BTC deposits. These custodians undergo stringent compliance and security measures to ensure the safety of the underlying assets. The transparency and accountability of the custodian model offer reassurance to users, as the wrapped tokens are minted and redeemed based on verifiable reserves.

WBTC: Bridging the gap between Bitcoin and DeFi

Wrapped Bitcoin has emerged as a vital bridge between Bitcoin and the Ethereum-based DeFi ecosystem. By enabling Bitcoin's liquidity and value to flow seamlessly into DeFi applications, WBTC expands the capabilities and utility of BTC while maintaining its 1:1 peg. With a trusted custodian model, transparent tokenomics, and a growing range of use cases, WBTC continues to play a crucial role in unlocking the potential of both Bitcoin and DeFi.

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Market cap
A$21.63B #12
Circulating supply
127.12K / 127.12K
All-time high
A$190,184.65
24h volume
A$688.21M
4.0 / 5
WBTCWBTC
AUDAUD
Easily buy Wrapped Bitcoin with your AUD