Is it ERC20?
Wrapped Bitcoin
WBTC
Overview
Wrapped Bitcoin (WBTC) is an ERC-20 token that represents Bitcoin on the Ethereum blockchain. It enables Bitcoin holders to participate in the Ethereum decentralized finance (DeFi) ecosystem by providing liquidity, collateral, and seamless integration with various DeFi protocols while maintaining a 1:1 peg with Bitcoin.
Key Features
Stability
Pegged 1:1 to the US Dollar
Wide Adoption
Available on multiple blockchains
Market Information
Technical Details
Integration Projects
WBTC Gateway
Visit →The primary service for wrapping and unwrapping Bitcoin into WBTC, ensuring a transparent and secured 1:1 backing with Bitcoin.
MakerDAO
Visit →WBTC is accepted as collateral within MakerDAO's ecosystem to help generate the DAI stablecoin, allowing Bitcoin holders to access DeFi lending.
Uniswap
Visit →WBTC is actively traded on decentralized exchanges like Uniswap, providing liquidity and enabling seamless token swaps.
Aave
Visit →WBTC is used as collateral on platforms such as Aave, allowing users to borrow other cryptocurrencies using their Bitcoin holdings.