Wrapped Bitcoin (Sollet)

WBTC

Wrapped BTC is a DeFi-compatible version of BTC backed by BTC reserves held by BitGo (licensed custodian)

Risk Rating
Watch Out
$93,298.00
-0.22%
What is Wrapped Bitcoin (Sollet)?

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Information
Blockchain
  • Solana
Info
Key Metrics
  • Market Cap: $12B
  • Fully Diluted Valluation: $12B
  • FDV / MC: 1
  • Ranking inside Exponential (excluding stables): #4
  • Circulating Supply: 128,815
  • Total Supply: 128,815
  • Total Supply: 128,815
  • Volume (24H): $214.7M
  • ATH: $108,368.00 (01/20/2025)
  • ATL: $3,139.17 (04/02/2019)
Risk Assessment
Watch Out
Asset Strength

WBTC is a mid-cap, fully collateralized asset. This asset depends on two centralized entities for custody services. This asset is exposed to the underlying risks of Sollet, a protocol rated as Watch out.

Dependencies

Sollet

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 Fantom is backed 1:1 by WBTC locked on the Ethereum chain in the Multichain bridge protocol.

Asset Volatility

WBTC is highly correlated to the overall market.

Things to know about WBTC

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