WBTC
ClaimWBTC is a tokenized form of Bitcoin designed to be used across multiple blockchain networks within decentralized finance ecosystems.
Key numbers · TVL $10.0B · per DefiLlama · updated Sep 23
Overview
WBTC provides a token backed 1:1 by Bitcoin held in custody, allowing Bitcoin holders to use their holdings on blockchain networks such as Ethereum, Solana, Tron, BNB Chain, Base, Kava, and Osmosis. Users can access WBTC through centralized and decentralized exchanges and use it in DeFi applications for borrowing, lending, yield farming, and providing liquidity. Minting and burning of WBTC is restricted to identity-verified institutions approved through DAO governance.
Recent activity
Now accepted as USDD Collateral
2 more from this post
Announces exploration of multi-custodian Bitcoin reserves
Temporarily paused LayerZero cross-chain transfers following rsETH incident
Wants identity-verified institutions approved through DAO governance to join as merchants.
1 more from this post
Natively supports Ethereum, Solana, Tron, BNB Chain, Base, Kava and Osmosis networks
