Wrapped Bitcoin Price Today (Official) | Live WBTC Price Chart in USD | CryptoRank.io
Market Cap
$ 2.41T
24h Spot Volume
$ 78.25B
BTC Dominance
107 Gwei

Wrapped Bitcoin [WBTC]

On 36 watchlists
Rank: 17
USD 49,076
BTC 0.996
ETH 11.79

Wrapped Bitcoin is an ERC20 token backed 1:1 with Bitcoin

Wrapped Bitcoin Market Cap

$ 12,597,436,166 
Ƀ 255,605
FDMC: $ 12,597,436,166 
ATH: $ 17,754,236,377 

24h Trade Volume

$ 254,588,026 
Ƀ 5,166
WBTC 5,188


WBTC 256,690(100%)
WBTC 256,690
WBTC 256,690

All-Time-High (ATH) Price

$ 69,166 (10 Nov 2021)
Ƀ 1.24 (18 May 2019)
ETH 62.01 (05 Sep 2019)
From ATH: -29%
To ATH: +40.9%

Wrapped Bitcoin's current price is $ 49,076, it has increased +2.61% over the past 24 hours.

Wrapped Bitcoin's All Time High (ATH) of $ 69,166 was reached on 10 Nov 2021, and is currently -29% down.

The maximum supply of Wrapped Bitcoin that will ever be issued is 256.69 Thousands tokens, and the current supply of WBTC in circulation is 256.69 Thousands tokens.

Wrapped Bitcoin’s 24 hour trading volume is $ 254.59 Millions.

Wrapped Bitcoin's current share of the entire cryptocurrency market is 0.52%, with a market capitalization of $ 12.60 Billions.

You can find more details about Wrapped Bitcoin on its official website and on the block explorer.

Wrapped Bitcoin Price

Wrapped Bitcoin price Index provides the latest WBTC price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Wrapped Bitcoin to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

WBTC to USD Converter


Wrapped Bitcoin Quarterly Returns ($)


Wrapped Bitcoin Closing Price (USD) - Quarterly

2021$ 59,019$ 34,864$ 44,146
2020$ 6,446$ 9,154$ 10,749$ 28,931
2019$ 10,679$ 8,300$ 7,166

Wrapped Bitcoin Monthly Returns ($)


Wrapped Bitcoin USD (WBTC - USD) Price Change

PeriodChangeChange (%)HighLow
24H$ 1,247+2.61%$ 49,930$ 47,728
7D-$ 4,806-8.92%$ 58,957$ 45,980
14D-$ 10,646-17.8%$ 60,152$ 45,980
1M-$ 11,685-19.2%$ 69,166$ 45,980
3M-$ 2,935-5.64%$ 69,166$ 26,537
6M$ 13,299+37.2%$ 69,166$ 26,537
YTD$ 20,145+69.6%$ 69,166$ 26,537
1Y$ 29,959+156.7%$ 69,166$ 17,627

Wrapped Bitcoin Annual Price

2021+69.5%$ 69,166$ 26,537
2020+304%$ 29,241$ 4,003
2019+43.4%$ 13,936$ 4,295

What is Wrapped Bitcoin

Wrapped Bitcoin (WBTC) is an ERC20 compatible token that represents Bitcoin (BTC). WBTC is the first ERC20 coin pegged 1:1 to Bitcoin and is managed by the decentralized organization WBTC DAO. BitGo, Kyber Network, and Ren had the idea to launch the token in 2019.

WBTC works like any other stablecoin, except for the fact that Bitcoin is provided instead of what would normally be a FIAT dollar or euro. Through a WBTC partner, 1 Bitcoin can be converted to 1 Wrapped Bitcoin, and vice-versa, and like Bitcoin, WBTC has a limited supply of 21 million coins.

The key advantage to WBTC is the fact that it integrates Bitcoin with Ethereum compatible wallets, dApps, and smart contracts.

What are WBTC key features and how does it work?

In essence, WBTC standardizes Bitcoin to the ERC20 format, essentially allowing smart contracts to integrate Bitcoin transfers. WBTC brings greater liquidity to the Ethereum ecosystem including decentralized exchanges (DEXs) and financial applications. Since the majority of trading volume takes place on centralized exchanges with Bitcoin. WBTC is helping to change that by bringing Bitcoin’s liquidity to DEXs and making it possible to use Bitcoin for token trades.

The two parties responsible for the security and reserves of the token are custodians and merchants:

Custodians are responsible for maintaining reserves that support WBTC. They also create new coins, this refers to the process of creating new wrapped tokens and is initiated by a merchant and performed by the custodian.

Merchants, on the contrary, burn tokens. Burning is done when WBTC needs to be transferred back into BTC. The amount to be ‘burnt’ is deducted from the merchant’s WBTC balance (on-chain) and the supply of WBTC is then reduced. Merchants also resort to custodians when there is a demand for tokens with a request for minting. And they are also responsible for the supply of coins to markets.

What can Wrapped Bitcoin be used for?

For BTC holders, using Wrapped Bitcoin provides an opportunity to join the decentralized finance market or DeFi. WBTC allows access to all usual functions, such as farming and quick swaps.

As a default, Uniswap and other leading Ethereum-based DEXs support WBTC, and it can also be used on large centralized exchanges, like Binance.

Bitcoin is a cryptocurrency with a capitalization of hundreds of billions of dollars. And WBTC is actively promoted by the biggest players in the DeFi industry since it allows them to leverage some of BTC’s dominance. Since it is a permission-less ERC20 token, WBTC can be used as a building block for DeFi applications. One such example is with TokenSets, a platform that automatically trades between WBTC and ETH to capture gains in both assets. 

Where can you buy WBTC?

Since Wrapped BTC was created primarily for DeFi, it is available on all kinds of aggregators and decentralized exchanges: Uniswap, SushiSwap, AAVE, and others. You can also purchase WBTC on centralized sites, including Binance, HitBTC, and Kraken. WBTC can even be bought using a bank card. For example, on platforms such as Simplex. A complete list of where WTBC can be bought can be found here.