BTC
Wrapped BTC: explore Bitcoin-backed tokens on other blockchains for DeFi.
$WBTC · 7 days on top this week
Down 18 places this week, $vBTC is losing steam
$BTCBR climbed 13 places this week
$TELEBTC climbed 7 places this week
Weakest this week: $TRDL bottomed out at a 0 gem score
A standout this week: $WBTC reached a gem score of 77
52 tokens rose and 20 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 BTC wrapped token category shows mixed activity across different timeframes. Over the last seven days, 52 tokens moved up while 20 moved down. BTCBR saw a significant jump in rank, climbing 13 positions, with teleBTC and PulseBitcoin from Ethereum also showing notable upward movement. Conversely, vBTC experienced a sharp decline of 18 ranks, with Bitcoin on Solana and AnimeBTC also falling. Wrapped BTC (WBTC on Ethereum) holds the top score with a 7-day streak. Looking at the last 30 days, 30 tokens were up and 42 were down. BTCΞ, Lombard Staked Bitcoin, and Base tBTC v2 were among the climbers, while BTCB Token and Wrapped BTC (WBTC on Avalanche) were prominent fallers. vBTC also continued its downward trend over 30 days, dropping 19 ranks. Wrapped BTC (WBTC on Ethereum) maintained its leadership with a 22-day streak. Solana (Universal) was a new entrant to the top K, while Wrapped BTC (WBTC on Avalanche) 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.