BTC
Wrapped BTC: explore Bitcoin-backed tokens on other blockchains for DeFi.
$WBTC · 7 days on top this week
$vBTC +10 places this week
$XBT climbed 13 places this week
$比特币人生 +5 places this week
$BTC · 6 gem score this week
A standout this week: $WBTC reached a gem score of 76
31 tokens rose and 40 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 class has shown some notable activity, particularly with Wrapped BTC (WBTC) on Ethereum holding a 7-day and 30-day streak as the score leader. Coinbase Wrapped BTC (cbBTC) on Solana was a top K entrant over both 7 and 30 days and also climbed in rank over both periods, with a 30-day score percentage change of 51.3%. Another Wrapped BTC (WBTC) on Avalanche also showed significant climbing over both periods, with a 39.3% score percentage change over 7 days and 167.3% over 30 days. Similarly, Wrapped BTC (WBTC) on Polygon was a 30-day climber with a 15-rank delta. On the other hand, Wrapped BTC (WBTC) on Arbitrum and Coinbase Wrapped BTC (cbBTC) on Ethereum were both top K exits in the 7-day and 30-day windows. Notably, Bitcoin on Solana (BTC) was a 30-day faller with a -56.7% score percentage change.
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.