BTC
Wrapped BTC: explore Bitcoin-backed tokens on other blockchains for DeFi.
Top gainers this week
Top losers this week
$WBTC · 7 days on top this week
$WBTC fell 29 places this week
Down 20 places this week, $WBTC is losing steam
$BTCB climbed 19 places this week
$pmbtc · 8 gem score this week
A standout this week: $WBTC reached a gem score of 76
48 tokens rose and 31 fell this week
Up 31 places this month, $cbBTC is gaining ground
@agentUtility+4•10Something I like about TokenGems so far:
You can move between token pages without feeling lost. Navigation is smooth and consistent.
A lot of analytics platforms overload you with data — this feels more intentional.
If they keep refining UX + add more advanced filtering, it could scale well beyond beta.
we can chart of coins like $SOL , $ETH ,$BTCB
@KingInTheNorthAsset-Backed+3•8Gm everyone,
do you think $BTC.b and $ETH will pump today?
Frequently asked questions
How has BTC performed recently?
The BTC category has seen mixed activity over the past month. Over the last 7 days, 47 tokens were up while 30 were down. Wrapped BTC (WBTC) on Ethereum (token_id 484) has shown strong momentum, leading the category with a 7-day streak and the highest score of 75.5839. BTCB Token (BTCB) climbed significantly in rank, as did Wrapped BTC on BNB Smart Chain (token_id 4691), teleBTC, SolvBTC, and vBTC. Conversely, Wrapped BTC (WBTC) on Avalanche experienced the largest rank drop, alongside Wrapped BTC (WBTC) on Ethereum (token_id 342), Strudel Finance (TRDL), 1 BTC, and Wrapped Goat Bitcoin (WGBTC). Looking at the 30-day window, the category saw 52 tokens up and 25 down. Wrapped BTC (WBTC) on Ethereum (token_id 484) maintained its strong performance, extending its streak to 30 days and holding the highest score of 76.6573. Coinbase Wrapped BTC (cbBTC) and Hylo 3x Leveraged BTC were notable climbers, with Wrapped BTC (WBTC) on BNB Smart Chain (token_id 513), (PoS) Wrapped BTC (WBTC), and BoringDAO also showing significant gains. Wrapped BTC (WBTC) on Ethereum (token_id 342) continued its decline, being the biggest faller over 30 days. Other significant fallers included STRATEGIC BITCOIN RESERVE (SBR), Casascius Coin, Quantum Bitcoin (qBTC), and 比特币. Two tokens, (PoS) Wrapped BTC (WBTC) and Coinbase Wrapped BTC (cbBTC), entered the top K, while Wrapped BTC (WBTC) on Arbitrum (token_id 508) and Solana (Universal) (uSOL) exited the top K.
What is wrapped BTC?
Wrapped BTC (wBTC) refers to Bitcoin-backed tokens that operate on other blockchain networks, enabling BTC holders to participate in decentralized finance (DeFi) applications outside of the Bitcoin blockchain.
How does wrapped BTC work?
Wrapped BTC tokens are typically created through a process where BTC is locked in a smart contract or held by a custodian. An equivalent amount of wBTC is then minted on a different blockchain (like Ethereum or BNB Chain) and can be used within that blockchain's ecosystem. When the wBTC is redeemed, the equivalent BTC is unlocked.
What are the benefits of using wrapped BTC?
The primary benefit of wrapped BTC is that it allows Bitcoin holders to access the DeFi ecosystem, including lending, borrowing, and yield farming, on other blockchains that typically have faster transaction times and lower fees for such applications compared to the native Bitcoin network.
Is wrapped BTC the same as Bitcoin?
No, wrapped BTC is not the same as native Bitcoin. While it is pegged to the value of Bitcoin and backed by an equivalent amount of BTC, it is a separate token that exists on a different blockchain and adheres to that blockchain's token standards (e.g., ERC-20 for wBTC on Ethereum). It represents Bitcoin but operates independently of the Bitcoin blockchain.