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
$BTCBR -23 places this week
$cBTC -9 places this week
New in the top ranks this week: $uSOL just made the leaderboard
$BTC sank to a 5 gem score this week
A standout this week: $WBTC reached a gem score of 77
6 tokens rose and 58 fell this week
$BTCB fell 22 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 wrapped BTC category has experienced a bearish trend over both the 7-day and 30-day windows, with 58 tokens showing a downward trend and only 6 moving upwards in both periods. Over the last 7 days, 分红比特币 saw the largest percentage score increase at 30.6%, followed by uniBTC and XBT. Meanwhile, Bitcoin BR experienced the steepest decline, dropping 69.3%, with ClawStrategy and Bitcoin.b also notable fallers. Wrapped BTC (on Ethereum mainnet) was the strongest performer, holding a 7-day streak as a score leader. Looking at the 30-day performance, BTCΞ climbed significantly by 18.3%, while Bitcoin BR again was the biggest faller, decreasing by 70.2%. Wrapped BTC (on BNB Smart Chain) and Wrapped BTC (on Avalanche) also saw substantial drops. Wrapped BTC (on Ethereum mainnet) maintained its leadership with a 15-day streak. uSOL was a new entrant to the top K in both periods, while Binance Wrapped BTC exited the top K in the 7-day window and Wrapped BTC (on Ethereum mainnet) exited in the 30-day window.
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.