WBTC
Bitcoin Chain
Bridge
TVL by Chain
| Asset | Quantity |
|---|---|
| Bitcoin | $9.25B |
Protocol Information
Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin.Completely transparent. 100% verifiable. Community led.
Methodology
TVL for WBTC consists of the BTC deposits in custody that were used to mint WBTC
Audit
A process where developers inspect the underlying code and/or algorithm that compose systems and applications, allowing them to spot potential bugs or points of failure before deployment. Audits are generally undertaken by third parties, which helps guarantee that the procedure is done in an unbiased and effective manner.
