List of top Tokenized BTC coins by market cap. The current Tokenized BTC coin market cap is $8.49B , which has changed by +348.58% in the past 24 hours; the Tokenized BTC coin trading volume is $23.76M, which has changed by 0.00% in the past 24 hours. There are 7 cryptocurrencies in the Tokenized BTC coin list today.
Tokenized BTC refers to blockchain-based representations of Bitcoin that exist on alternative blockchain networks, primarily Ethereum and other smart contract platforms. These tokens function as wrapped versions of Bitcoin, allowing BTC holders to access decentralized finance (DeFi) applications, liquidity pools, and yield farming opportunities without leaving their native Bitcoin holdings on the Bitcoin network. The most common examples include Wrapped Bitcoin (WBTC), which is backed by actual Bitcoin held in custody, and other variants like renBTC and sBTC. Tokenized BTC bridges the liquidity of Bitcoin with the programmability and speed of other blockchains, enabling users to participate in cross-chain DeFi ecosystems, earn interest through lending protocols, and trade on decentralized exchanges. These tokens maintain a 1:1 peg with Bitcoin through various mechanisms including custodial backing, cryptographic proofs, or algorithmic stability, making them crucial infrastructure for connecting Bitcoin's massive market capitalization to the broader DeFi landscape and expanding Bitcoin's utility beyond simple peer-to-peer transactions.