Wrapped Bitcoin (WBTC) Price Today: Live Charts, Market Data & Insights

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Current WBTC Price and Market Overview

As of today, the live price of Wrapped Bitcoin (WBTC) stands at $107,450.07** per WBTC/USD. With a circulating supply of approximately **129,018.24 WBTC**, the total market capitalization reaches **$13.81 billion. The 24-hour trading volume is recorded at $210.77 million, reflecting consistent market activity across major exchanges.

WBTC has seen a +0.98% increase in value over the past day, signaling short-term bullish momentum. However, over the last seven days, it has experienced a slight dip of -0.06%, indicating relative stability amid broader crypto market fluctuations.

👉 Discover how WBTC is shaping the future of cross-chain value transfer.

This real-time pricing data is continuously updated to reflect global trading dynamics, making it essential for traders and investors monitoring WBTC price movements, on-chain liquidity, and Ethereum-based asset performance.

WBTC Price Performance Over Time

Understanding long-term trends helps investors make informed decisions. Here's how WBTC has performed across key timeframes:

These figures highlight WBTC’s strong upward trajectory over the past year, driven by increased institutional adoption, growing DeFi integration, and sustained demand for Bitcoin-backed tokens on Ethereum.

Despite short-term volatility, WBTC continues to serve as a critical bridge between Bitcoin’s store-of-value properties and Ethereum’s expansive decentralized finance (DeFi) ecosystem.

What Is Wrapped Bitcoin (WBTC)?

Wrapped Bitcoin (WBTC) is a tokenized version of Bitcoin that operates on the Ethereum blockchain as an ERC-20 token. Each WBTC is backed 1:1 by a real Bitcoin held in reserve through a network of custodians and merchants, ensuring full collateralization and transparency.

Launched in January 2019, WBTC was designed to bring Bitcoin’s liquidity into Ethereum’s DeFi landscape—enabling users to use their BTC in decentralized applications such as lending platforms, decentralized exchanges (DEXs), and yield farming protocols.

Key Features:

With a maximum supply capped only by Bitcoin’s availability and custodial capacity, WBTC currently has a total supply of around 231,261 tokens, though only about 129,018 are in active circulation.

Why WBTC Matters in the Crypto Ecosystem

WBTC plays a pivotal role in connecting two of the most powerful blockchains: Bitcoin and Ethereum. While Bitcoin remains the dominant digital gold, its native network lacks smart contract capabilities. WBTC solves this by allowing Bitcoin holders to participate in Ethereum-based financial innovations without selling their BTC.

For example:

This interoperability enhances capital efficiency across chains and strengthens the overall resilience of the decentralized economy.

👉 Explore how WBTC powers next-gen DeFi strategies.

Moreover, WBTC is widely supported across centralized and decentralized platforms, including wallets like MetaMask and exchanges like OKX, Coinbase, and Kraken—making it one of the most accessible wrapped assets available today.

Frequently Asked Questions (FAQ)

What is the difference between BTC and WBTC?

BTC refers to native Bitcoin on its own blockchain, while WBTC is an ERC-20 token on Ethereum that represents Bitcoin 1:1. WBTC allows Bitcoin to be used within Ethereum’s DeFi ecosystem, enabling functionalities like staking, lending, and automated trading that aren’t possible directly on the Bitcoin network.

Is WBTC safe to use?

Yes, WBTC is considered secure due to its transparent custodial model and regular audits conducted by third-party firms like GoChain and Dune Analytics. However, users should always be aware of counterparty risk associated with custodians holding the underlying Bitcoin.

How is WBTC created?

WBTC is minted when a user sends Bitcoin to a registered merchant or custodian (such as BitGo). Once confirmed, an equivalent amount of WBTC is issued on Ethereum. To redeem BTC, users burn WBTC through the same process, triggering the release of original Bitcoin from reserves.

Can I stake WBTC?

You cannot stake WBTC directly like ETH, but you can use it in yield-generating DeFi protocols. For instance, depositing WBTC into lending platforms like Compound or Aave earns interest over time. Some platforms also offer liquidity mining rewards for providing WBTC pairs.

Does WBTC have transaction fees?

Yes. Since WBTC runs on Ethereum, all transactions require gas fees paid in ETH. During periods of high network congestion, these fees may increase significantly. Layer 2 solutions like Arbitrum and Optimism now support WBTC transfers at lower costs.

Is WBTC centralized?

While the WBTC system relies on centralized custodians and merchants for minting and redemption, governance is managed collectively by the WBTC DAO (Decentralized Autonomous Organization). This hybrid model balances security with growing decentralization efforts.

How to Buy Wrapped Bitcoin (WBTC)

While several platforms allow users to acquire WBTC, it's crucial to choose reputable exchanges offering strong security measures and deep liquidity.

WBTC can be purchased using fiat currencies (like USD or EUR) or traded against other cryptocurrencies such as ETH or USDT on both centralized and decentralized exchanges.

Popular options include:

After purchasing, store your WBTC securely in non-custodial wallets like MetaMask or hardware wallets like Ledger or Trezor to maintain full control over your private keys.

👉 Start exploring WBTC trading opportunities now.

Final Thoughts

Wrapped Bitcoin (WBTC) continues to be a cornerstone asset in the evolving blockchain economy. By combining Bitcoin’s scarcity and trustless nature with Ethereum’s programmability, WBTC enables innovative financial use cases that were previously out of reach.

Whether you're a long-term holder looking to generate yield or a trader leveraging cross-chain arbitrage opportunities, understanding WBTC price trends, market performance, and DeFi utility is essential for navigating today’s digital asset landscape.

As adoption grows and more assets become “wrapped” across multiple chains, WBTC sets a benchmark for secure, transparent, and scalable asset bridging.

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