WBTC

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

TVL for WBTC consists of the BTC deposits in custody that were used to mint WBTC

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

WBTC is a Bridge protocol that moves assets and messages between blockchains, locking value on the source chain and minting or releasing a representation on the destination. It is deployed on Bitcoin. The codebase has been independently audited (1 report on file).

WBTC is a single-chain protocol, deployed exclusively on Bitcoin — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for WBTC — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

WBTC is one of 7 Bridge protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Coinbase Bridge, Binance Bitcoin, Hyperliquid Bridge, and 3 more. These peer protocols collectively secure 23,3 Mrd. $ in deposits, giving you a frame of reference for whether WBTC's own TVL is at the top, middle, or tail of the category.

Coinbase Bridge

TVL 5,4 Mrd. $ · 24h +0.61%

Binance Bitcoin

TVL 5,1 Mrd. $ · 24h +0.14%

Hyperliquid Bridge

TVL 4,5 Mrd. $ · 24h +0.55%

USDT0

TVL 4,2 Mrd. $ · 24h +1.96%

JustCryptos

TVL 2,4 Mrd. $ · 24h +0.44%

Portal

TVL 1,6 Mrd. $ · 24h +0.29%