Onchain BTC Research

Wrapped BTC collateral by lending protocol

Is wrapped BTC collateral concentrating in fewer protocols?

ChartTable
Date against each series, in btc.
DateAave v3Morpho BlueSpark
2026-01-0171.4k BTC35.1k BTC4.6k BTC
2026-01-0371.3k BTC35.2k BTC4.6k BTC
2026-01-0571.3k BTC35.5k BTC4.6k BTC
2026-01-0771.5k BTC35.9k BTC4.6k BTC
2026-01-0971.5k BTC36.2k BTC4.9k BTC
2026-01-1171.6k BTC36.2k BTC4.9k BTC
2026-01-1371.6k BTC35.8k BTC5.0k BTC
2026-01-1571.9k BTC36.0k BTC4.9k BTC
2026-01-1771.8k BTC36.3k BTC4.9k BTC
2026-01-1971.8k BTC36.8k BTC4.9k BTC
2026-01-2170.5k BTC37.5k BTC5.0k BTC
2026-01-2370.2k BTC38.4k BTC5.2k BTC
2026-01-2570.3k BTC38.7k BTC5.3k BTC
2026-01-2770.1k BTC38.5k BTC5.7k BTC
2026-01-2970.1k BTC40.3k BTC5.9k BTC
2026-01-3168.3k BTC39.9k BTC5.6k BTC
2026-02-0269.5k BTC39.2k BTC5.2k BTC
2026-02-0471.6k BTC39.6k BTC4.6k BTC
2026-02-0674.3k BTC41.5k BTC4.1k BTC
2026-02-0874.8k BTC41.4k BTC4.1k BTC
2026-02-1074.3k BTC41.6k BTC4.1k BTC
2026-02-1274.8k BTC42.7k BTC4.1k BTC
2026-02-1474.9k BTC42.6k BTC3.9k BTC
2026-02-1674.9k BTC42.6k BTC3.9k BTC
2026-02-1875.0k BTC42.8k BTC3.9k BTC
2026-02-2074.0k BTC42.5k BTC3.9k BTC
2026-02-2273.7k BTC41.9k BTC3.9k BTC
2026-02-2473.5k BTC42.2k BTC3.9k BTC
2026-02-2672.5k BTC41.9k BTC3.9k BTC
2026-02-2872.8k BTC42.0k BTC3.9k BTC
2026-03-0272.7k BTC41.8k BTC3.8k BTC
2026-03-0472.6k BTC41.5k BTC4.0k BTC
2026-03-0672.1k BTC41.8k BTC3.9k BTC
2026-03-0872.2k BTC42.0k BTC3.9k BTC
2026-03-1073.2k BTC41.8k BTC3.8k BTC
2026-03-1273.0k BTC41.9k BTC3.8k BTC
2026-03-1472.7k BTC42.1k BTC3.8k BTC
2026-03-1672.0k BTC42.1k BTC3.8k BTC
2026-03-1872.5k BTC42.0k BTC3.8k BTC
2026-03-2071.5k BTC41.9k BTC3.8k BTC
2026-03-2271.5k BTC41.9k BTC3.8k BTC
2026-03-2471.9k BTC42.1k BTC3.5k BTC
2026-03-2672.1k BTC42.4k BTC3.5k BTC
2026-03-2872.3k BTC43.3k BTC3.5k BTC
2026-03-3068.8k BTC43.4k BTC3.5k BTC
2026-04-0172.5k BTC43.1k BTC3.4k BTC
2026-04-0372.1k BTC43.2k BTC3.4k BTC
2026-04-0572.2k BTC43.3k BTC3.4k BTC
2026-04-0771.7k BTC43.9k BTC3.4k BTC
2026-04-0971.4k BTC43.8k BTC3.3k BTC
2026-04-1171.2k BTC43.4k BTC3.3k BTC
2026-04-1370.9k BTC43.8k BTC3.4k BTC
2026-04-1571.7k BTC43.6k BTC2.8k BTC
2026-04-1772.3k BTC43.5k BTC2.2k BTC
2026-04-1953.8k BTC40.7k BTC4.3k BTC
2026-04-2148.3k BTC41.6k BTC7.9k BTC
2026-04-2346.6k BTC42.3k BTC8.7k BTC
2026-04-2546.4k BTC42.6k BTC8.8k BTC
2026-04-2746.3k BTC43.0k BTC7.7k BTC
2026-04-2946.7k BTC43.1k BTC7.6k BTC
2026-05-0146.9k BTC43.3k BTC6.9k BTC
2026-05-0347.1k BTC43.5k BTC6.7k BTC
2026-05-0547.1k BTC43.4k BTC6.7k BTC
2026-05-0747.0k BTC43.9k BTC6.7k BTC
2026-05-0951.1k BTC44.1k BTC6.2k BTC
2026-05-1151.0k BTC44.4k BTC7.2k BTC
2026-05-1351.1k BTC44.7k BTC6.5k BTC
2026-05-1551.0k BTC44.9k BTC6.6k BTC
2026-05-1750.8k BTC45.2k BTC6.2k BTC
2026-05-1951.1k BTC45.6k BTC7.2k BTC
2026-05-2151.1k BTC45.6k BTC7.3k BTC
2026-05-2351.3k BTC45.6k BTC7.2k BTC
2026-05-2551.4k BTC45.8k BTC7.0k BTC
2026-05-2751.4k BTC46.0k BTC6.8k BTC
2026-05-2951.7k BTC46.1k BTC9.6k BTC
2026-05-3151.7k BTC46.2k BTC9.7k BTC
2026-06-0251.9k BTC46.8k BTC10.1k BTC
2026-06-0452.9k BTC47.4k BTC8.9k BTC
2026-06-0652.6k BTC48.4k BTC6.9k BTC
2026-06-0852.2k BTC48.6k BTC7.3k BTC
2026-06-1052.2k BTC48.5k BTC7.4k BTC
2026-06-1252.9k BTC48.7k BTC7.1k BTC
2026-06-1453.0k BTC48.8k BTC7.4k BTC
2026-06-1652.8k BTC48.7k BTC7.0k BTC
2026-06-1853.0k BTC48.9k BTC7.1k BTC
2026-06-2052.9k BTC48.9k BTC7.4k BTC
2026-06-2252.8k BTC48.9k BTC7.7k BTC
2026-06-2452.9k BTC49.7k BTC8.1k BTC
2026-06-2655.5k BTC49.6k BTC8.8k BTC
2026-06-2855.6k BTC49.7k BTC8.8k BTC
2026-06-3055.8k BTC49.9k BTC8.8k BTC
2026-07-0256.7k BTC50.4k BTC8.8k BTC
2026-07-0457.4k BTC50.6k BTC8.7k BTC
2026-07-0656.7k BTC50.6k BTC8.5k BTC
2026-07-0857.0k BTC50.6k BTC8.4k BTC
2026-07-1057.1k BTC50.7k BTC7.7k BTC
2026-07-1257.2k BTC50.8k BTC7.6k BTC
2026-07-1457.4k BTC51.1k BTC7.8k BTC
2026-07-1657.8k BTC51.3k BTC7.5k BTC
2026-07-1857.8k BTC51.4k BTC7.6k BTC
2026-07-2058.3k BTC51.4k BTC7.7k BTC
2026-07-2257.9k BTC50.9k BTC8.2k BTC
2026-07-2458.1k BTC51.4k BTC8.7k BTC
2026-07-2658.2k BTC51.7k BTC8.7k BTC
2026-07-2859.2k BTC51.9k BTC8.6k BTC
2026-07-3058.9k BTC51.8k BTC8.3k BTC
2026-08-0158.9k BTC52.1k BTC8.7k BTC
2026-08-0358.9k BTC52.3k BTC9.1k BTC
2026-08-0558.7k BTC52.0k BTC9.2k BTC
2026-08-0758.8k BTC51.9k BTC9.2k BTC
2026-08-0958.8k BTC52.0k BTC9.1k BTC
2026-08-1159.0k BTC52.3k BTC8.4k BTC
2026-08-1359.3k BTC51.8k BTC8.4k BTC
2026-08-1559.5k BTC51.7k BTC9.3k BTC
2026-08-1759.5k BTC51.6k BTC9.6k BTC
2026-08-1959.6k BTC52.0k BTC9.9k BTC
2026-08-2159.0k BTC52.3k BTC9.9k BTC
2026-08-2359.0k BTC52.5k BTC8.9k BTC
2026-08-2558.8k BTC52.4k BTC9.1k BTC
2026-08-2758.6k BTC52.5k BTC9.2k BTC
2026-08-2958.6k BTC52.6k BTC8.0k BTC
2026-08-3158.4k BTC52.8k BTC8.1k BTC
2026-09-0258.0k BTC52.9k BTC8.1k BTC
2026-09-0458.5k BTC53.0k BTC8.7k BTC
2026-09-0657.5k BTC53.0k BTC8.7k BTC
2026-09-0857.6k BTC53.0k BTC8.9k BTC
2026-09-1057.5k BTC53.2k BTC8.9k BTC
2026-09-1257.7k BTC53.3k BTC9.2k BTC
2026-09-1457.8k BTC53.5k BTC9.4k BTC
2026-09-1658.1k BTC53.6k BTC10.2k BTC
2026-09-1858.3k BTC53.9k BTC10.8k BTC
2026-09-2058.3k BTC54.0k BTC10.8k BTC
2026-09-2258.2k BTC53.5k BTC11.0k BTC
2026-09-2458.3k BTC53.7k BTC11.6k BTC
2026-09-2657.7k BTC53.8k BTC10.5k BTC

Wrapped BTC posted as lending collateral totals 121,949 BTC across 3 lending protocols. The largest is Aave v3 at 47.3%, followed by Morpho Blue at 44.1%.

Source: Aave v3, Morpho Blue, Spark — Onchain BTC ResearchMethodology

Download: CSVJSONMarkdown

Also as: share of total

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