Wrapped BTC (Linea)

WBTC

WBTC is a DeFi-compatible version of Bitcoin backed by BTC reserves held with a licensed custodian (BitGo).

Risk Rating
Best
Summary
Information
Blockchain
  • Linea
Info
  • Asset Type: ERC-20
Key Metrics
Risk Assessment
Best
Asset Strength

WBTC is a mid-cap, fully collateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Linea bridge, a protocol rated as Good.

Asset Tokenomics

WBTC has a fixed supply. WBTC is a DeFi-compatible version of Bitcoin. It is backed 1:1 by BTC custodied by BitGo. WBTC on Linea is backed 1:1 by WBTC locked on the Ethereum chain in the Linea bridge protocol.

Dependencies

Linea bridge

Things to know about WBTC
WBTC Pools
Mendi BTC Lending
3.8%
Yield
$12M
TVL
Risk
C
Protocol
Mendi
Chain
Linea