We’re excited to welcome another new asset to our DeFi Innovation Zone today! Wrapped Bitcoin (wBTC) is now listed on Poloniex and can be found alongside 70+ other DeFi assets on Poloniex.
Interested in our DeFi listings? Tell your friends and earn 20% on their trading fees.
What is Wrapped Bitcoin?
Wrapped Bitcoin (wBTC) is a wrapped version of Bitcoin on the Ethereum blockchain. wBTC is an ERC-20 token that is backed 1:1 with Bitcoin. WBTC aims to bring greater liquidity to the Ethereum ecosystem, including on decentralized exchanges and financial applications. WBTC standardizes Bitcoin to the ERC20 format which allows people to create smart contracts for Bitcoin. wBTC is listed on Poloniex in our DeFi Innovation Zone. Deposit wBTC now and begin trading.
Market Cap: $2,389,158,267
Market Cap Rank: #17
24h Trading Volume: $98,319,793
24h Low / 24h High: $18,661.25 / $19,343.30
All Time High: $19,343.30 (November 24, 2020)
All Time Low: $3,139.17 (April 2, 2019)
Circulating Supply: 124,481 wBTC