WBTC

Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin.Completely transparent. 100% verifiable. Community led.

## Overview Wrapped Bitcoin (WBTC) is an ERC-20 token that represents Bitcoin on Ethereum and other EVM-compatible blockchains. Each WBTC token is backed 1:1 by actual Bitcoin held in custody, creating a bridge between Bitcoin's native blockchain and the broader Ethereum ecosystem. The project launched to solve a specific technical problem: Bitcoin, while the largest cryptocurrency by market cap, does not natively support smart contracts or decentralized applications. WBTC enables Bitcoin holders to access Ethereum's DeFi ecosystem—lending protocols, decentralized exchanges, liquidity pools, y