Wrapped Bitcoin
WBTC
medium riskvolatile
WBTC is Bitcoin wrapped to work on other blockchains. For every WBTC, there's a real Bitcoin locked up. It lets you use Bitcoin in DeFi apps to earn yield, which you can't do with regular Bitcoin.
Yield Potential
2% - 8% APY
Average: 5% APY
* Rates vary by protocol and market conditions. Always check current rates before depositing.
What is Wrapped Bitcoin?
Wrapped Bitcoin (WBTC) is Bitcoin on Ethereum and other chains, backed 1:1 by Bitcoin.
What can you do with WBTC?
- Earning yield on Bitcoin
- DeFi participation
- Liquidity provision
- Lending and borrowing
Is WBTC good for savings?
WBTC is not recommended for savings if you're looking for stability. The price can change significantly, which means you could lose value.
For savings, we recommend using stablecoins like USDC or DAI, which are designed to maintain a stable value.
Where to get WBTC
CoinbaseUniswapAaveCompound