Logo of Kraken BitcoinKraken Bitcoin
Total Value Locked$631.13m

TVL by Chain

Bitcoin$631.13m

Protocol Information

The kBTC token lets you leverage the power of Bitcoin while interacting with Ethereum, OP Mainnet, and other growing DeFi ecosystems. Fully-backed. Fully exchangeable anytime.

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Category:Bridge

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

WBTC ($8.991b)Coinbase Bridge ($7.887b)Binance Bitcoin ($5.263b)Unit ($704.38m)Function FBTC ($661.66m)SolvBTC ($496.16m)Lorenzo enzoBTC ($464.87m)Merlins Seal ($412.73m)Nexus BTC ($278.87m)Stacks sBTC ($190.2m)

Frequently Asked Questions

What is Kraken Bitcoin's TVL?

Kraken Bitcoin currently has $631.13m in total value locked. TVL has increased 33.6% over the past 30 days.

What chains does Kraken Bitcoin operate on?

Kraken Bitcoin operates on Bitcoin. Bitcoin holds the largest share at 100%.

How does Kraken Bitcoin's TVL compare to similar protocols?

Among Bridge protocols tracked by DefiLlama, Kraken Bitcoin ranks #12 by TVL. The category holds $51.759b across 155 protocols, and Kraken Bitcoin accounts for 1.2% of that total. Other leading protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Function FBTC, SolvBTC, Lorenzo enzoBTC, Merlins Seal, Nexus BTC, and Stacks sBTC.