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.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Kraken Bitcoin history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 17, 2024 to Oct 28, 2026.
All-time high TVL: $819.47m on Sep 22, 2026. All-time low TVL: $6.65m on Oct 24, 2024.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $789.14m |
| Sep 30, 2026 | $792.92m |
| Oct 1, 2026 | $790.32m |
| Oct 2, 2026 | $803.08m |
| Oct 3, 2026 | $801.29m |
| Oct 4, 2026 | $802.66m |
| Oct 5, 2026 | $818.52m |
| Oct 6, 2026 | $813.1m |
| Oct 7, 2026 | $809.42m |
| Oct 8, 2026 | $788.35m |
| Oct 9, 2026 | $773.42m |
| Oct 10, 2026 | $781.73m |
| Oct 11, 2026 | $785.42m |
| Oct 12, 2026 | $792.37m |
| Oct 13, 2026 | $771.62m |
| Oct 14, 2026 | $788m |
| Oct 15, 2026 | $774.05m |
| Oct 16, 2026 | $779.41m |
| Oct 17, 2026 | $772.13m |
| Oct 18, 2026 | $771.89m |
| Oct 19, 2026 | $780.03m |
| Oct 20, 2026 | $772.88m |
| Oct 21, 2026 | $785.09m |
| Oct 22, 2026 | $798.28m |
| Oct 23, 2026 | $769.64m |
| Oct 24, 2026 | $768.11m |
| Oct 25, 2026 | $764.94m |
| Oct 26, 2026 | $757.54m |
| Oct 27, 2026 | $758.16m |
| Oct 28, 2026 | $767.31m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $9.74m |
| Dec 31, 2024 | $9.26m |
| Jan 31, 2025 | $10.48m |
| Feb 28, 2025 | $8.45m |
| Mar 31, 2025 | $12.28m |
| Apr 30, 2025 | $14.19m |
| May 31, 2025 | $15.56m |
| Jun 30, 2025 | $16.3m |
| Jul 31, 2025 | $76.66m |
| Aug 31, 2025 | $70.8m |
| Sep 30, 2025 | $74.35m |
| Oct 31, 2025 | $92.31m |
| Nov 30, 2025 | $168.11m |
| Dec 31, 2025 | $238.29m |
| Jan 31, 2026 | $346.13m |
| Feb 28, 2026 | $270.81m |
| Mar 31, 2026 | $276.12m |
| Apr 30, 2026 | $313.84m |
| May 31, 2026 | $303.61m |
| Jun 30, 2026 | $371.6m |
| Jul 31, 2026 | $434.03m |
| Aug 31, 2026 | $614.18m |
| Sep 30, 2026 | $792.92m |
| Oct 28, 2026 (latest) | $767.31m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $9.26m |
| Dec 31, 2025 | $238.29m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/kraken-bitcoin
Frequently asked questions
What is Kraken Bitcoin's TVL?
As of Oct 28, 2026, Kraken Bitcoin has $761.73m in total value locked. TVL has decreased 4.5% 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 #11 by TVL. The category holds $62.277b across 158 protocols, and Kraken Bitcoin accounts for 1.2% of that total. Similar protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Function FBTC, SolvBTC, Lorenzo enzoBTC, Merlins Seal, Nexus BTC, and NEAR Intents.