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
$1 -15 places this week
$SOLV · 0 gem score this week
A standout this week: $WBTC reached a gem score of 77
44 tokens rose and 59 fell this week
$WBTC -25 places 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 category shows mixed sentiment across both 7-day and 30-day windows. Over the past 7 days, 59 tokens were down while 44 were up. Wrapped BTC (WBTC) on Ethereum showed strong performance, leading the score extremes with a score of 77.308 and maintaining a 7-day streak. Significant climbers included BTCΞ, LBTC, and PulseBitcoin from Ethereum, with rank changes of 12, 10, and 8 respectively. Meanwhile, 'just buy $1 worth of btc' and AnimeBTC were notable fallers, with rank deltas of -15 and -12. Binance Wrapped BTC (BBTC) was a top K entrant during this period. The 30-day view also saw more tokens down (53) than up (50). WBTC from Ethereum had the highest score extreme at 78.0359, while SolvBTC had the lowest score extreme at 0.0 for both periods. BTCΞ also climbed significantly over 30 days, with a rank delta of 13. Conversely, Wrapped BTC on Avalanche and 'just buy $1 worth of btc' were among the largest fallers, experiencing rank deltas of -25 and -23 respectively. BBTC was also a top K entrant over the 30-day period.
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.