InformationTVLBridge InfoFees and Revenue

WBTC

Total Value Locked$13.607b
Chain Breakdown
Bitcoin$13.607b
$0
$0
$0
USDBTC

Protocol Information

Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin. Completely transparent. 100% verifiable. Community led.

Category:Bridge

Audits:
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Development Activity

(updated at 28/12/23)

Weekly commits: 4
Monthly commits: 4
Weekly developers: 2
Monthly developers: 2

Last commit: a year ago (2023-12-28)

Methodology

TVL: TVL for WBTC consists of the BTC deposits in custody that were used to mint WBTC

Fees: Minting and buring fees paid by users.

Revenue: All fees are revenue.

TVLFees and Revenue

Competitors

Binance Bitcoin($7.205b)Function FBTC($1.501b)Coinbase BTC($1.425b)SolvBTC($898.26m)Merlins Seal($677.35m)Stacks sBTC($528.31m)Core Bitcoin Bridge($526.94m)Bitlayer Bridge($428.3m)exSat Staking BTC($407.1m)PumpBTC($350.03m)