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 +51 places this week
Up 12 places this week, $BTC is gaining ground
$WBTC +18 places this week
$BTC sank to a 9 gem score this week
A standout this week: $WBTC reached a gem score of 75
43 tokens rose and 39 fell this week
$pmbtc sank to a 4 gem score this month
@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 wrapped token category has seen some interesting movements. Over the past 7 days, Wrapped BTC (token_id 484) has demonstrated strong performance, being the streak leader for 7 days with a score of 75.3306, also holding the maximum score within this period. Wrapped BTC (token_id 342) also climbed significantly, with a 130.1% score increase. Conversely, Bitcoin (token_id 11994701) experienced the most significant decline, with a score of 9.1306 and a 54.5% decrease. Looking at the 30-day window, Wrapped BTC (token_id 484) maintained its streak leader position for the entire period, also achieving the maximum score of 76.1126. Wrapped BTC (token_id 342) continued its upward trend with a 25.2% score increase, alongside BTCB Token (token_id 513) and Wrapped BTC (token_id 4691) which both saw a 29.2% and 28.6% increase respectively. On the downside over 30 days, Casascius Coin (token_id 24510141) and Wrapped Goat Bitcoin (token_id 26609975) were significant fallers, with decreases of 47.2% and 44.5% respectively. Coinbase Wrapped BTC (token_id 351) was a notable entrant in the top K over the 30-day period, while Wrapped BTC (token_id 508) exited.
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.