Overview

Logo of Kraken Wrapped BTC

Kraken Wrapped BTC(KBTC)

Token Price$80,920+1.17%over 24h

All Time HighApr 6, 2026$139,230

All Time LowJul 1, 2026$57,886

Key Metrics

Market Cap$726.75m

Fully Diluted Valuation$726.75m

Circ. Supply8,998.52 KBTC

Volume 24h$178,254
CEX$0

Spot$0

USD Perp$0

COIN Perp$0

DEX$178,254

Spot$178,254

USD Perp$0

COIN Perp$0

Token information

Risks

How much debt can be issued against KBTC as collateral across lending protocols.

Maximum possible exposure to KBTC

$407.33m

$58.56m (max additional borrows against KBTC) + $348.77m (bad debt if KBTC was hacked now)

Logo of Morpho V1

Morpho V1

$387.32m at-risk exposure = $348.77m bad debt if hacked + $38.55m additional borrowable against KBTC

Logo of Tydro

Tydro

$20.01m at-risk exposure = -- bad debt if hacked + $20.01m additional borrowable against KBTC

Methodology and limitations

Showing collateral exposure for KBTC 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 KBTC as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

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Markets

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Token Usage

Token usage needs a subscription

Liquidations

Token liquidations need a subscription

Yields

Tracking 6 pools, average APY 18.27%

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Borrow

Tracking 3 routes

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