Detailed Performance Overview
Wrapped Bitcoin (WBTC) exhibits neutral sentiment relative to top cryptocurrencies, major categories, and blockchain ecosystems across multiple timeframes.
Price Performance Across Trading Pairs
| Trading Pair | 1h | 24h | 7d | 1m | 3m | 1y |
|---|---|---|---|---|---|---|
| WBTC/USD | −0.37% | 0.83% | 0.29% | 3.25% | 27.27% | 71.30% |
| WBTC/BTC | 0.00% | 0.09% | −0.05% | −0.07% | 0.09% | 0.06% |
| WBTC/ETH | 0.04% | 1.02% | −0.48% | 4.82% | −2.73% | 141.55% |
| WBTC/DeFi | 0.14% | 1.24% | 1.43% | 3.30% | 3.84% | 105.80% |
| WBTC/Wrapped Tokens | −0.27% | −4.00% | −7.51% | 2.51% | 1.01% | 253.59% |
Top Exchanges for WBTC Trading
| Exchange | Trading Pair | Price (USD) | 24h Volume | Market Share | Last Update |
|---|---|---|---|---|---|
| Uniswap V3 (Arbitrum) | WBTC/WETH | $107,449.69 | $33.83M | 16.516% | Recent |
| Uniswap V3 (Polygon) | WBTC/WETH | $107,491.35 | $31.44M | 15.349% | Recent |
| Uniswap (v3) | WBTC/USDC | $107,438.98 | $17.57M | 8.579% | Recent |
| Binance | WBTC/BTC | $107,343.15 | $13.84M | 6.756% | Recent |
| MEXC | WBTC/USDT | $107,321.23 | $13.79M | 6.731% | Recent |
👉 Explore WBTC trading strategies to maximize returns in volatile markets.
What Is Wrapped Bitcoin (WBTC)?
WBTC bridges Bitcoin’s liquidity to the Ethereum ecosystem, enabling seamless integration with decentralized exchanges (DEXs), DeFi protocols, and smart contracts. While Bitcoin dominates centralized exchanges, WBTC unlocks its utility in decentralized finance (DeFi).
Live WBTC Market Data (Real-Time)
- Current Price: $107,340.10
- 24h Change: +0.83%
- 24h Trading Volume: $183.72 million
- Market Capitalization: $13.86 billion (0.42% of total crypto market)
- Circulating Supply: 129,018.23 WBTC
Key Insights & Trends
- WBTC vs. BTC Correlation: WBTC closely tracks Bitcoin’s price but offers Ethereum-based flexibility.
- DeFi Adoption: WBTC/DeFi pairs show sustained growth, reflecting demand in lending/borrowing platforms.
- Liquidity Pools: Uniswap dominates WBTC trading, with Arbitrum and Polygon leading in volume.
FAQ Section
1. How does WBTC differ from Bitcoin?
WBTC is an ERC-20 token pegged 1:1 to Bitcoin, allowing it to function on Ethereum’s blockchain for DeFi applications.
2. Where can I buy WBTC?
Top platforms include Uniswap, Binance, and MEXC. 👉 Compare exchange rates here.
3. Is WBTC safe to use?
Yes, WBTC is backed by audited reserves and governed by a decentralized network of custodians.
4. What drives WBTC’s price?
WBTC mirrors Bitcoin’s market movements but is influenced by Ethereum gas fees and DeFi demand.
5. Can I stake WBTC?
Yes, WBTC earns yields in DeFi protocols like Aave or Compound.
Final Thoughts
WBTC remains a cornerstone of DeFi interoperability, merging Bitcoin’s store-of-value with Ethereum’s programmable ecosystem. For traders, monitoring WBTC/BTC and WBTC/ETH ratios is critical to arbitrage opportunities.
👉 Dive deeper into crypto-backed assets for advanced investment strategies.