OKX xBTC
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Protocol TVL
About OKX xBTC
xBTC is a wrapped token issued by OKX that strictly follows a 1:1 reserve mechanism
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
How OKX xBTC's TVL is measured
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.
BTC on btc chain. https://www.okx.com/xbtc#transparency
If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.
OKX xBTC Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Sep 22, 2025Listed on DeFiLlama
Protocol Profile
OKX xBTC 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. No public audit reports are listed on DeFiLlama for this protocol.
TVL Distribution by Chain
Supported Chains
Protocol Footprint
OKX xBTC is a single-chain protocol, deployed exclusively on Bitcoin — this concentrates execution risk but simplifies the trust model. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk.
Official Resources & Links
Verified external resources for OKX xBTC — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Bridge protocols on Mantapex
OKX xBTC is one of 7 Bridge protocols Mantapex tracks in this category. Direct peers ranked by total value locked include WBTC, Coinbase Bridge, Binance Bitcoin, and 3 more. These peer protocols collectively secure $30.4B in deposits, giving you a frame of reference for whether OKX xBTC's own TVL is at the top, middle, or tail of the category.
Recent OKX xBTC news
Latest reporting from major crypto news outlets covering OKX xBTC.
- CryptoPotato
OKX Launches xBTC on Aptos Blockchain to Enhance Bitcoin-Backed DeFi
xBTC is backed 1:1 by bitcoins held in OKX's custody.
- Cryptonews
OKX Unleashes xBTC on Aptos – 1:1 Wrapped Bitcoin Flows Fee-Free Into DeFi
OKX has launched xBTC, a fully collateralized 1:1 wrapped Bitcoin, on the Aptos blockchain. The token lets holders deploy BTC across Aptos-based DeFi trading, lending and Web3…
- Crypto news
OKX launches xBTC following new Bitcoin all-time high at $111k
Major crypto exchange OKX will be launching wrapped Bitcoin asset, xBTC, as well as related yield products. BTC recently broke through a new all-time high, surpassing $111,000.
- Coingape
OKX Launches xBTC on Solana, Sui & Aptos as Bitcoin Price Hits $111K
OKX is launching a wrapped version of BTC, xBTC, on Solana, Sui, and Aptos networks as the Bitcoin price has reached a new all-time high of $111k. Users across these platforms can…
- Blockchain News
OKX Introduces xBTC to Sui's Expanding Bitcoin DeFi Network
OKX launches xBTC on the Sui network, enhancing Bitcoin DeFi with secure, scalable solutions. This move strengthens Sui's position in the BTCfi ecosystem.
- Cryptopolitan
OKX launches xBTC on Sui while Bitcoin nears $109K ATH
As BTCfi takes off, Global crypto exchange OKX is launching xBTC on the Sui network. xBTC is a new BTC asset that lives on-chain but is minted directly from the OKX Exchange.
- Crypto news
NAVI Protocol and OKX launch $700 xBTC lending campaign on Sui
NAVI Protocol is working to bring DeFi-enabled Bitcoin to SUI, thanks to OKX partnership.
- Coingape
Aave Launches on OKX's X Layer with xBTC, xETH, xSOL, and USDT Support
Aave has officially gone live on OKX's X Layer, expanding its presence in decentralized finance (DeFi). The Ethereum layer-2 network receives its lending and borrowing services…
Related protocols
Other DeFi protocols connected to OKX xBTC by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Bridge protocols
Top protocols on Bitcoin
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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