DEFI TVL TVL BTC on Ethereum Daily
DeFi
The total USD value of Bitcoin represented as wrapped or bridged tokens on the Ethereum blockchain Shown here for WBTC.
Why it matters
To measure how much Bitcoin value has been brought onto Ethereum to be used within its DeFi ecosystem.
How it is built
Summing the USD value of all outstanding wrapped-Bitcoin token supplies (such as WBTC) issued and held on Ethereum.
What to watch
Growth in this figure shows Bitcoin holders increasingly seeking DeFi utility on Ethereum, effectively lending Bitcoin's liquidity and market value to the Ethereum ecosystem.
Related metrics
- DEFI TVL TVL Wrapped ETH Value Locked on Ethereum
- DEFI Yield Lending Compound TVL and Outstanding Debt on Ethereum
- DEFI Yield Lending Aave TVL and Outstanding Debt on Ethereum
- DEFI Yield Lending Ethereum Lending TVL
- DEFI TVL TVL Value Locked by DEFI Project on Solana
- DEFI TVL TVL Value Locked by DEFI Project on Polygon
- DEFI TVL TVL Value Locked by DEFI Project on Fantom
- DEFI TVL TVL Value Locked by DEFI Project on Avalanche