Home > Quick > Body

WBTC accounts for 59.7% of the market share of encapsulated BTC, making it the largest BTC encapsulated token by application

clock
2024-12-02 06:31:11
According to the chain analyst @ai_9684xtpa monitoring, the Trump crypto project WLFI yesterday converted part of the USDC into cbBTC and ETH, currently holding $9.96 million worth of cbBTC, after the WBTC custody storm, Coinbase/Kraken and other exchanges and well-known forces entered the market, the following is the status of various encapsulated BTC market share?
WBTC: accounting for 59.7%, it is still the largest BTC encapsulated token launched in 2019.
BTCB: accounting for 27.7%, the BSC network anchor asset launched by Binance;
cbBTC: accounting for 7.28%, Coinbase quickly entered the top three after its launch in September this year.
BTC.b: accounting for 2.3%, the cross-chain BTC of the Avalanche network;
tBTC: An open-source project supported by Keep, Summa, and Cross-Chain Group, encapsulating BTC in the form of ERC20.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.