Onchain BTC Research

Which wrapped BTC is posted as collateral

Which wrapper do borrowers actually pledge, and is that changing?

ChartTable
Date against each series, in btc.
DatecbBTCLBTC
2026-01-0156.8k BTC5.9k BTC
2026-01-0356.8k BTC5.9k BTC
2026-01-0557.1k BTC5.9k BTC
2026-01-0757.6k BTC5.9k BTC
2026-01-0958.0k BTC6.2k BTC
2026-01-1158.0k BTC6.2k BTC
2026-01-1357.6k BTC6.2k BTC
2026-01-1557.9k BTC6.2k BTC
2026-01-1758.1k BTC6.2k BTC
2026-01-1958.5k BTC6.2k BTC
2026-01-2158.1k BTC6.2k BTC
2026-01-2358.8k BTC6.1k BTC
2026-01-2559.6k BTC6.1k BTC
2026-01-2760.1k BTC6.3k BTC
2026-01-2961.0k BTC7.1k BTC
2026-01-3158.9k BTC7.1k BTC
2026-02-0259.6k BTC7.2k BTC
2026-02-0461.5k BTC7.3k BTC
2026-02-0665.2k BTC7.4k BTC
2026-02-0865.6k BTC7.4k BTC
2026-02-1065.6k BTC7.0k BTC
2026-02-1267.4k BTC6.7k BTC
2026-02-1467.2k BTC6.7k BTC
2026-02-1667.3k BTC6.6k BTC
2026-02-1867.8k BTC6.4k BTC
2026-02-2067.5k BTC6.2k BTC
2026-02-2266.9k BTC6.1k BTC
2026-02-2467.3k BTC6.2k BTC
2026-02-2665.8k BTC6.3k BTC
2026-02-2866.0k BTC6.3k BTC
2026-03-0265.7k BTC6.3k BTC
2026-03-0465.4k BTC6.5k BTC
2026-03-0665.6k BTC6.3k BTC
2026-03-0865.9k BTC6.3k BTC
2026-03-1066.1k BTC6.2k BTC
2026-03-1266.1k BTC6.2k BTC
2026-03-1465.9k BTC6.2k BTC
2026-03-1665.3k BTC6.2k BTC
2026-03-1865.6k BTC6.2k BTC
2026-03-2065.7k BTC5.9k BTC
2026-03-2265.7k BTC6.0k BTC
2026-03-2465.8k BTC5.9k BTC
2026-03-2666.1k BTC6.0k BTC
2026-03-2866.9k BTC6.1k BTC
2026-03-3063.5k BTC6.0k BTC
2026-04-0166.9k BTC6.0k BTC
2026-04-0366.4k BTC6.0k BTC
2026-04-0566.5k BTC5.9k BTC
2026-04-0766.7k BTC5.8k BTC
2026-04-0966.5k BTC5.6k BTC
2026-04-1166.1k BTC5.7k BTC
2026-04-1366.5k BTC5.6k BTC
2026-04-1566.7k BTC5.5k BTC
2026-04-1766.2k BTC5.8k BTC
2026-04-1952.6k BTC5.4k BTC
2026-04-2152.9k BTC5.6k BTC
2026-04-2353.5k BTC5.5k BTC
2026-04-2553.6k BTC5.5k BTC
2026-04-2753.1k BTC5.5k BTC
2026-04-2953.7k BTC5.5k BTC
2026-05-0153.2k BTC5.5k BTC
2026-05-0353.1k BTC5.5k BTC
2026-05-0552.9k BTC5.6k BTC
2026-05-0753.3k BTC5.6k BTC
2026-05-0957.3k BTC5.5k BTC
2026-05-1158.2k BTC5.8k BTC
2026-05-1357.7k BTC5.8k BTC
2026-05-1557.8k BTC6.0k BTC
2026-05-1757.8k BTC5.4k BTC
2026-05-1959.0k BTC5.8k BTC
2026-05-2159.0k BTC5.8k BTC
2026-05-2359.1k BTC5.8k BTC
2026-05-2559.4k BTC5.4k BTC
2026-05-2759.7k BTC5.4k BTC
2026-05-2962.3k BTC5.6k BTC
2026-05-3162.3k BTC5.7k BTC
2026-06-0263.9k BTC5.7k BTC
2026-06-0463.1k BTC6.2k BTC
2026-06-0662.1k BTC6.2k BTC
2026-06-0862.3k BTC6.3k BTC
2026-06-1062.5k BTC6.3k BTC
2026-06-1262.4k BTC6.3k BTC
2026-06-1462.6k BTC6.3k BTC
2026-06-1661.7k BTC6.4k BTC
2026-06-1862.1k BTC6.4k BTC
2026-06-2062.0k BTC6.4k BTC
2026-06-2262.4k BTC6.4k BTC
2026-06-2463.5k BTC6.4k BTC
2026-06-2667.0k BTC6.4k BTC
2026-06-2867.2k BTC6.4k BTC
2026-06-3067.4k BTC6.3k BTC
2026-07-0268.9k BTC6.3k BTC
2026-07-0469.2k BTC6.3k BTC
2026-07-0668.5k BTC6.3k BTC
2026-07-0868.7k BTC6.3k BTC
2026-07-1068.4k BTC6.3k BTC
2026-07-1268.4k BTC6.3k BTC
2026-07-1469.1k BTC6.3k BTC
2026-07-1669.7k BTC6.3k BTC
2026-07-1869.8k BTC6.3k BTC
2026-07-2070.3k BTC6.3k BTC
2026-07-2269.3k BTC6.3k BTC
2026-07-2470.1k BTC6.3k BTC
2026-07-2670.5k BTC6.3k BTC
2026-07-2871.3k BTC6.3k BTC
2026-07-3070.7k BTC6.3k BTC
2026-08-0170.9k BTC6.3k BTC
2026-08-0371.5k BTC6.4k BTC
2026-08-0571.5k BTC6.0k BTC
2026-08-0771.5k BTC5.9k BTC
2026-08-0971.6k BTC6.0k BTC
2026-08-1171.1k BTC6.0k BTC
2026-08-1370.6k BTC6.0k BTC
2026-08-1571.5k BTC6.1k BTC
2026-08-1771.6k BTC6.0k BTC
2026-08-1972.3k BTC6.1k BTC
2026-08-2172.9k BTC6.0k BTC
2026-08-2373.1k BTC6.0k BTC
2026-08-2573.1k BTC6.0k BTC
2026-08-2773.2k BTC6.0k BTC
2026-08-2972.0k BTC6.0k BTC
2026-08-3172.2k BTC5.8k BTC
2026-09-0272.0k BTC5.8k BTC
2026-09-0473.2k BTC5.8k BTC
2026-09-0672.3k BTC5.8k BTC
2026-09-0872.4k BTC5.8k BTC
2026-09-1072.6k BTC5.6k BTC
2026-09-1272.9k BTC5.6k BTC
2026-09-1473.4k BTC5.6k BTC
2026-09-1674.5k BTC5.6k BTC
2026-09-1875.2k BTC5.5k BTC
2026-09-2075.4k BTC5.5k BTC
2026-09-2274.9k BTC5.4k BTC
2026-09-2476.0k BTC5.4k BTC
2026-09-2674.3k BTC5.3k BTC

Wrapped BTC posted as lending collateral in this view totals 79,619 BTC. cbBTC accounts for 93.3% and LBTC for 6.7% of total.

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

Download: CSVJSONMarkdown

Also as: share of total

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