Wrapped Bitcoin Price

Wrapped Bitcoin ($WBTC) is a pioneering crypto token that serves as a bridge between Bitcoin and Ethereum. It is designed as an ERC-20 token, which means it follows the Ethereum platform's token standards. Each $WBTC token is pegged 1:1 to Bitcoin, ensuring that users can exchange their BTC for equivalent $WBTC tokens without any loss of value.

The primary goal of Wrapped Bitcoin is to allow Bitcoin holders to engage with Ethereum's vibrant DeFi landscape without the need to sell or convert their Bitcoin holdings. This token not only opens doors to DeFi applications such as lending, staking, and liquidity pools but also preserves the original value of Bitcoin by maintaining its peg.