Overview
Wrapped Bitcoin(WBTC)
Token Price$77,225
24h Change-0.54%
All Time HighOct 6, 2025$125,932
All Time LowApr 1, 2019$3,139.17
Key Metrics
$8.969b
$8.969b
116,132.18 WBTC
Volume 24h$59.13m
CEX Volume$15.62m
DEX Volume$38.76m
Risks
How much debt can be issued against WBTC as collateral across lending protocols.
Maximum possible exposure to WBTC
$3.071b
$503.52m (max additional borrows against WBTC) + $2.568b (bad debt if WBTC was hacked now)
Aave V3
$1.045b at-risk exposure = $761.37m bad debt if hacked + $283.46m additional borrowable against WBTC
Compound V3
$330.17m at-risk exposure = $216.56m bad debt if hacked + $113.61m additional borrowable against WBTC
Fluid
$63.59m at-risk exposure = $20.78m bad debt if hacked + $42.82m additional borrowable against WBTC
Morpho V1
$241.15m at-risk exposure = $207.41m bad debt if hacked + $33.74m additional borrowable against WBTC
SparkLend
$51.54m at-risk exposure = $29.84m bad debt if hacked + $21.7m additional borrowable against WBTC
Euler V2
$6.03m at-risk exposure = $240,886.26 bad debt if hacked + $5.79m additional borrowable against WBTC
Neverland
$2.4m at-risk exposure = -- bad debt if hacked + $2.4m additional borrowable against WBTC
Maple
$1.332b at-risk exposure = $1.332b bad debt if hacked + $0 additional borrowable against WBTC
Methodology and limitations
Showing collateral exposure for WBTC on onchain. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
- Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.
Show exposure details
Each row is one protocol-chain exposure for WBTC as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Markets
Token Usage
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Liquidations
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Yields
Showing 10 of 97 pools
Borrow
Showing 10 of 299 routes