#1 DeFi / Smart Contract

Wrapped BTC

BTC Holdings

125,330

BTC NAV
$9.7B
Holdings BTC vs USD value
₿125,330
$9.7B USD value · as of May 23, 2026
BTC Holdings (left)
USD Value (right)
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Historical Holdings

About Wrapped BTC

Wrapped Bitcoin (WBTC) is an ERC-20 token on the Ethereum blockchain, fully backed 1:1 by Bitcoin. Launched in January 2019 through a collaboration between BitGo, Kyber Network, and Ren, WBTC was designed to bridge Bitcoin's liquidity with Ethereum's decentralized finance (DeFi) ecosystem. By converting Bitcoin into WBTC, holders can engage in various DeFi activities such as lending, borrowing, and trading on Ethereum-based platforms, thereby enhancing the utility of their Bitcoin holdings. (coindesk.com)

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