Protocol Information
Bridge that locks native TAO on Bittensor and mints an ERC-20 representation (wTAO) on Ethereum 1:1.
Methodology
TVL: TAO locked on Bittensor backing wTAO on Ethereum. The bridge custody coldkey (5HiveMEoWPmQmBAb8v63bKPcFhgTGCmST1TVZNvPHSTKFLCv) holds the collateral and stakes most of it, so TVL is its free balance plus its total staked TAO, read keyless from public substrate RPC (dTAO share pools, alpha priced using subnet AMM).View code on GitHubCompetitors
wTAO history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 16, 2026 to Oct 28, 2026.
All-time high TVL: $35.52m on Oct 7, 2026. All-time low TVL: $21.3m on Jul 28, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $34.66m |
| Sep 30, 2026 | $33.91m |
| Oct 1, 2026 | $34.11m |
| Oct 2, 2026 | $34.18m |
| Oct 3, 2026 | $33.53m |
| Oct 4, 2026 | $35.26m |
| Oct 5, 2026 | $34.83m |
| Oct 6, 2026 | $35.18m |
| Oct 7, 2026 | $35.52m |
| Oct 8, 2026 | $33.46m |
| Oct 9, 2026 | $30.93m |
| Oct 10, 2026 | $31.78m |
| Oct 11, 2026 | $33.01m |
| Oct 12, 2026 | $34.27m |
| Oct 13, 2026 | $31.01m |
| Oct 14, 2026 | $32.22m |
| Oct 15, 2026 | $31.39m |
| Oct 16, 2026 | $32.38m |
| Oct 17, 2026 | $31.87m |
| Oct 18, 2026 | $31.37m |
| Oct 19, 2026 | $31.45m |
| Oct 20, 2026 | $31.1m |
| Oct 21, 2026 | $31.93m |
| Oct 22, 2026 | $32.01m |
| Oct 23, 2026 | $30.19m |
| Oct 24, 2026 | $29.73m |
| Oct 25, 2026 | $29.73m |
| Oct 26, 2026 | $29.87m |
| Oct 27, 2026 | $29.84m |
| Oct 28, 2026 | $30.28m |
TVL at each month end, Jun 2026 to Oct 2026
| Date | TVL |
|---|---|
| Jun 30, 2026 | $23.25m |
| Jul 31, 2026 | $22.29m |
| Aug 31, 2026 | $26.96m |
| Sep 30, 2026 | $33.91m |
| Oct 28, 2026 (latest) | $30.28m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/wtao
Frequently asked questions
What is wTAO's TVL?
As of Oct 28, 2026, wTAO has $29.82m in total value locked. TVL has decreased 14.9% over the past 30 days.
What chains does wTAO operate on?
wTAO operates on Bittensor. Bittensor holds the largest share at 100%.
How does wTAO's TVL compare to similar protocols?
Among Bridge protocols tracked by DefiLlama, wTAO ranks #35 by TVL. The category holds $62.533b across 158 protocols, and wTAO accounts for <0.1% of that total. Similar protocols include Hatom TAO Bridge, LayerZero V2, WBTC, Coinbase Bridge, Hyperliquid Bridge, Binance Bitcoin, USDT0, JustCryptos, CCIP, and Portal.