WBTC
完全摊薄估值
$2,249,042,670,000.00
24H 现货交易量
$175,312,911.55
项目开始时间
2019年1月31日
关于
Background IntroductionWBTC.network is the official portal for Wrapped Bitcoin (WBTC), an ERC-20 token backed 1:1 by Bitcoin. It operates as a bridge between Bitcoin and Ethereum ecosystems, enabling BTC holders to participate in DeFi applications. The project is governed by a decentralized autonomous organization (DAO) consisting of merchants, custodians, and users.Website Core ContentToken Minting/RedeemingStep-by-step guides for converting BTC to WBTC and vice versa through authorized merchants.Network DashboardReal-time data visualization of WBTC supply, custodian balances, and merchant activities.Developer ResourcesSmart contract addresses, API documentation, and integration tutorials for dApp builders.Technical FeaturesMulti-signature custody model with regulated entitiesTransparent proof-of-reserves systemERC-20 compatibility with Ethereum walletsOn-chain verification of BTC collateralToken EconomicsWBTC maintains 1:1 peg through arbitrage mechanisms. Minting requires KYC/AML checks by merchants. Custodians earn fees (0.20% annualized) for BTC safeguarding. No native token exists - the system operates on existing BTC/ETH infrastructure.Competitor ComparisonFeatureWBTCRenBTCtBTCCollateral ModelCentralized CustodiansDecentralized NodesThreshold CryptoRedemption Speed1-3 Business DaysInstant~6 HoursAdoption RateHighest in DeFiMediumEmergingRisks and ChallengesCustodian counterparty risk despite multi-sig safeguardsRegulatory uncertainty around wrapped assetsCompetition from native Bitcoin DeFi solutionsSmart contract vulnerabilities in bridge contractsIndustry FutureWrapped asset protocols will evolve toward: 1) Decentralized custody models 2) Cross-chain interoperability beyond ETH-BTC 3) Institutional-grade compliance features 4) Native yield generation mechanisms. Success depends on maintaining security while reducing friction in asset wrapping processes.ConclusionWBTC.network serves as the critical infrastructure connecting Bitcoin's liquidity with Ethereum's smart contract ecosystem. Its centralized custody model provides regulatory compliance at the cost of decentralization. The project must continuously enhance transparency mechanisms and explore decentralized alternatives to remain competitive as cross-chain technology matures. 更多>