Wrapped BTC (Linea)
WBTC
WBTC is a DeFi-compatible version of Bitcoin backed by BTC reserves held with a licensed custodian (BitGo).
Risk Rating
Good
Summary
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Information
Blockchain
- Linea
Info
- Asset Type: ERC-20
Key Metrics
Risk Assessment
Good
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.
Dependencies
Linea bridge
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.
Things to know about WBTC
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