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.
DateLBTCOther wrappers
2026-01-015.9k BTC454 BTC
2026-01-035.9k BTC454 BTC
2026-01-055.9k BTC414 BTC
2026-01-075.9k BTC414 BTC
2026-01-096.2k BTC414 BTC
2026-01-116.2k BTC414 BTC
2026-01-136.2k BTC414 BTC
2026-01-156.2k BTC490 BTC
2026-01-176.2k BTC490 BTC
2026-01-196.2k BTC490 BTC
2026-01-216.2k BTC490 BTC
2026-01-236.1k BTC490 BTC
2026-01-256.1k BTC450 BTC
2026-01-276.3k BTC450 BTC
2026-01-297.1k BTC448 BTC
2026-01-317.1k BTC448 BTC
2026-02-027.2k BTC270 BTC
2026-02-047.3k BTC540 BTC
2026-02-067.4k BTC540 BTC
2026-02-087.4k BTC638 BTC
2026-02-107.0k BTC698 BTC
2026-02-126.7k BTC663 BTC
2026-02-146.7k BTC660 BTC
2026-02-166.6k BTC660 BTC
2026-02-186.4k BTC660 BTC
2026-02-206.2k BTC660 BTC
2026-02-226.1k BTC660 BTC
2026-02-246.2k BTC586 BTC
2026-02-266.3k BTC586 BTC
2026-02-286.3k BTC586 BTC
2026-03-026.3k BTC586 BTC
2026-03-046.5k BTC586 BTC
2026-03-066.3k BTC536 BTC
2026-03-086.3k BTC536 BTC
2026-03-106.2k BTC536 BTC
2026-03-126.2k BTC536 BTC
2026-03-146.2k BTC536 BTC
2026-03-166.2k BTC422 BTC
2026-03-186.2k BTC422 BTC
2026-03-205.9k BTC297 BTC
2026-03-226.0k BTC297 BTC
2026-03-245.9k BTC272 BTC
2026-03-266.0k BTC352 BTC
2026-03-286.1k BTC352 BTC
2026-03-306.0k BTC352 BTC
2026-04-016.0k BTC348 BTC
2026-04-036.0k BTC317 BTC
2026-04-055.9k BTC349 BTC
2026-04-075.8k BTC349 BTC
2026-04-095.6k BTC349 BTC
2026-04-115.7k BTC349 BTC
2026-04-135.6k BTC349 BTC
2026-04-155.5k BTC349 BTC
2026-04-175.8k BTC349 BTC
2026-04-195.4k BTC349 BTC
2026-04-215.6k BTC348 BTC
2026-04-235.5k BTC346 BTC
2026-04-255.5k BTC346 BTC
2026-04-275.5k BTC345 BTC
2026-04-295.5k BTC345 BTC
2026-05-015.5k BTC345 BTC
2026-05-035.5k BTC345 BTC
2026-05-055.6k BTC245 BTC
2026-05-075.6k BTC245 BTC
2026-05-095.5k BTC245 BTC
2026-05-115.8k BTC220 BTC
2026-05-135.8k BTC220 BTC
2026-05-156.0k BTC132 BTC
2026-05-175.4k BTC132 BTC
2026-05-195.8k BTC132 BTC
2026-05-215.8k BTC132 BTC
2026-05-235.8k BTC132 BTC
2026-05-255.4k BTC132 BTC
2026-05-275.4k BTC132 BTC
2026-05-295.6k BTC153 BTC
2026-05-315.7k BTC167 BTC
2026-06-025.7k BTC179 BTC
2026-06-046.2k BTC180 BTC
2026-06-066.2k BTC180 BTC
2026-06-086.3k BTC180 BTC
2026-06-106.3k BTC180 BTC
2026-06-126.3k BTC180 BTC
2026-06-146.3k BTC180 BTC
2026-06-166.4k BTC180 BTC
2026-06-186.4k BTC179 BTC
2026-06-206.4k BTC181 BTC
2026-06-226.4k BTC181 BTC
2026-06-246.4k BTC179 BTC
2026-06-266.4k BTC182 BTC
2026-06-286.4k BTC181 BTC
2026-06-306.3k BTC181 BTC
2026-07-026.3k BTC181 BTC
2026-07-046.3k BTC181 BTC
2026-07-066.3k BTC181 BTC
2026-07-086.3k BTC182 BTC
2026-07-106.3k BTC182 BTC
2026-07-126.3k BTC182 BTC
2026-07-146.3k BTC184 BTC
2026-07-166.3k BTC184 BTC
2026-07-186.3k BTC184 BTC
2026-07-206.3k BTC164 BTC
2026-07-226.3k BTC184 BTC
2026-07-246.3k BTC184 BTC
2026-07-266.3k BTC184 BTC
2026-07-286.3k BTC195 BTC
2026-07-306.3k BTC195 BTC
2026-08-016.3k BTC195 BTC
2026-08-036.4k BTC195 BTC
2026-08-056.0k BTC200 BTC
2026-08-075.9k BTC240 BTC
2026-08-096.0k BTC240 BTC
2026-08-116.0k BTC236 BTC
2026-08-136.0k BTC236 BTC
2026-08-156.1k BTC222 BTC
2026-08-176.0k BTC226 BTC
2026-08-196.1k BTC226 BTC
2026-08-216.0k BTC217 BTC
2026-08-236.0k BTC217 BTC
2026-08-256.0k BTC223 BTC
2026-08-276.0k BTC229 BTC
2026-08-296.0k BTC230 BTC
2026-08-315.8k BTC230 BTC
2026-09-025.8k BTC230 BTC
2026-09-045.8k BTC230 BTC
2026-09-065.8k BTC230 BTC
2026-09-085.8k BTC201 BTC
2026-09-105.6k BTC189 BTC
2026-09-125.6k BTC189 BTC
2026-09-145.6k BTC189 BTC
2026-09-165.6k BTC189 BTC
2026-09-185.5k BTC189 BTC
2026-09-205.5k BTC189 BTC
2026-09-225.4k BTC189 BTC
2026-09-245.4k BTC189 BTC
2026-09-265.3k BTC189 BTC

Wrapped BTC posted as lending collateral in this view totals 5,505 BTC. LBTC accounts for 96.6%. Other wrappers (grouped): 3.4%.

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

Download: CSVJSONMarkdown

Also as: share of total

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