What xBTC Offers You
As a wrapped token, xBTC maintains fully custodied 1:1 reserves by OKX, with asset transparency verified in real-time through on-chain Proof of Reserves (PoR). This innovative solution bridges Bitcoin's liquidity with multi-chain DeFi ecosystems.
Key features:
- 1:1 Bitcoin backing: Every xBTC is supported by native BTC holdings
- Cross-chain interoperability: Seamless transfers across supported networks
- DeFi integration: Access to lending, liquidity mining, and other on-chain financial services
👉 Discover how xBTC maximizes your Bitcoin utility
How xBTC Works
The xBTC ecosystem operates through a simple yet powerful mechanism:
- Deposit BTC into your OKX exchange account
- Withdraw as xBTC to any supported blockchain
- Use in DeFi applications across multiple networks
When you transfer xBTC back to OKX, you'll receive the equivalent BTC amount in your exchange account.
xBTC in the DeFi Ecosystem
Currently available on these leading blockchains:
| Blockchain | Key DeFi Protocols |
|---|---|
| Solana | Orca, Kamino |
| Sui | Navi |
| Aptos | Hyperion, Aries |
Notable DeFi Integrations:
- Navi: The native liquidity protocol on Sui
- Hyperion: Hybrid AMM-order book DEX on Aptos
- Aries Markets: Comprehensive lending/borrowing platform
- Kamino: Automated liquidity vaults for capital efficiency
Security and Transparency Assurance
xBTC maintains rigorous security standards:
- Total reserves: 1,083.31 BTC ($118.5M)
- Total supply: 1,083.211 xBTC (fully collateralized)
- Independent audits: Completed by Certik and MoveBit (May 2025)
👉 Explore xBTC's verified reserves
Frequently Asked Questions
What exactly is xBTC?
xBTC is a 1:1 Bitcoin-backed token that represents BTC ownership on supported blockchains, enabling Bitcoin usage in DeFi ecosystems.
How do I get xBTC?
Simply withdraw BTC from your OKX exchange account to any supported blockchain - you'll receive xBTC automatically.
Can I convert xBTC back to BTC?
Yes, depositing xBTC to your OKX exchange account from supported blockchains will credit your account with equivalent BTC.
Are there trading fees for xBTC?
Currently no trading pairs exist - conversions happen automatically during deposits/withdrawals.
Who audits xBTC?
Independent security firms Certik and MoveBit completed smart contract audits in May 2025.
What's the withdrawal fee?
Only standard BTC withdrawal fees apply when converting to xBTC - no additional charges.
The Future of Wrapped Bitcoin
xBTC represents a significant leap forward in Bitcoin utility, combining:
- Security of Bitcoin's blockchain
- Flexibility of wrapped tokens
- Innovation of DeFi integration
With continuous expansion to new blockchains and protocols, xBTC is poised to become the standard bridge between Bitcoin and decentralized finance.