$WBTC

Wrapped Bitcoin (WBTC) is a tokenized version of Bitcoin that allows BTC to be used on blockchains other than Bitcoin itself, especially on Ethereum and across various DeFi ecosystems.

• WBTC is not real BTC — it is a token that represents 1 BTC on another blockchain.

• Each 1 WBTC is fully backed 1:1 by real Bitcoin held by a trusted custodian.

• WBTC enables Bitcoin to be used in smart contracts, DeFi applications, DEXs, lending and borrowing, liquidity provision, staking, and more.

👉 In short, WBTC bridges Bitcoin to the decentralized finance world without requiring users to sell their BTC.

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🚀 Use Cases & Benefits of WBTC

✨ DeFi Participation

Use BTC as collateral, participate in lending and borrowing, or earn yield through protocols such as Aave, MakerDAO, and others.

✨ Decentralized Exchanges (DEX)

WBTC can be traded directly on DEXs like Uniswap and SushiSwap without converting BTC back to fiat or other assets.

✨ Liquidity Provision

Add WBTC to liquidity pools to earn trading fees.

✨ DeFi Portfolio Management

WBTC can be used in advanced strategies such as yield farming and automated portfolio rebalancing.

✨ Cross-Chain Functionality

WBTC is now available on multiple blockchains such as Avalanche, BNB Chain, Polygon, and even Aptos, opening access to even more DeFi ecosystems.

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📌 Summary

WBTC is an ERC-20 token that brings the value of Bitcoin into the DeFi and smart contract world, allowing BTC to be used across Ethereum and many other blockchains, while remaining fully pegged 1:1 to real Bitcoin.