- Last Price114,355.46
- Market Cap14.52B
- All-Time Low3,330.11
- Circulating Supply127.01K
- Turnover (24h)212.24M
- All-Time High122,452.69
- Total Supply127.01K
- Fully Diluted Market Cap14.52B
Learned by 880 usersPublished on 2024.03.29Last updated on 2025.05.13
114,355.46
+0.34%Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.
1. Project Introduction
Wrapped Bitcoin (WBTC) is an ERC-20 token backed 1:1 by Bitcoin (BTC), enabling Bitcoin to be used on the Ethereum blockchain with enhanced speed, transparency, and security. WBTC adopts a federated governance model maintained by multiple institutions and only charges standard blockchain transaction fees. Its ERC-20 compatibility allows seamless integration with DEXs, wallets, and dApps, greatly increasing BTC’s liquidity and usability in DeFi.
Summary: Before WBTC, Bitcoin could only be used in finance via centralized platforms. WBTC bridges BTC to Ethereum, enabling decentralized, efficient trading. Its federated model and ERC-20 standard enable broad adoption and high liquidity.
2. Team & Investment Info
Team:
Launched in January 2019 by Kyber Network, REN (formerly Republic Protocol), and BitGo.
BitGo handles off-chain custody and legal infrastructure.
Kyber manages smart contracts and ecosystem growth.
At launch, Kyber and Republic Protocol were initial merchants facilitating BTC-WBTC swaps.
On August 11, 2024, BitGo announced a joint venture with BiT Global to manage WBTC operations using the same multi-signature and cold storage security practices since 2019. The transition will take 60 days.
3. Social Media URLs
X: https://x.com/WrappedBTC
4. Token Info
Token Symbol: WBTC
Total Supply: 147,004.69
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x2260fac5e5542a773aa44fbcfedf7c193bc2c599
Token Distribution: 100% circulated
5. Related Links
Official Website: https://wbtc.network/
GitHub: https://github.com/WrappedBTC/bitcoin-token-smart-contracts
White Paper: https://www.wbtc.network/assets/wrapped-tokens-whitepaper.pdf
To help you better understand Real World Assets (RWA), we've launched this Learn & Earn campaign, where learning brings rewards.
38.4k Total ViewsPublished 2025.07.03Updated 2025.07.04
Blum is a decentralized multichain trading ecosystem that brings together a powerful terminal, one of the most hyped Memepads in Web3, and an onchain trading bot – all in a tap-to-trade experience.
60.0k Total ViewsPublished 2025.07.16Updated 2025.07.16
To help you grasp the essence of BLUM, HTX Learn has launched this Learn & Earn campaign.
50.4k Total ViewsPublished 2025.07.16Updated 2025.07.17
Discussions
Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of WBTC (WBTC) are presented below.