Charts
The data pillar as a library of figures, sectioned by the question each answers.
4 of 9 figures about tBTC · Show all
- Tokenized BTC outstanding
- ≈ 308.5k BTC
- Last reported balance of every issuer in the library, summed.
- Sits on Ethereum
- 55%
- Share of wrapped supply attributed to a single chain.
- Held by two venues
- 77%
- Share of covered lending collateral at the top two venues.
- Inside lending markets
- 45%
- Balances held by lending protocol contracts — supplied liquidity and posted collateral.
Supply
How much tokenized BTC exists and who issues it.
Wrapped BTC supply by issuer
How is tokenized BTC supply split between issuers, and how is that changing?
- Total
- 308.5k BTC
- Change
- +32.9k BTC since Sep 2025
- Largest
- WBTC 35.5% of total
Source: Onchain supply; bridge escrow netted wherever it is measured — Onchain BTC ResearchMethodology
View underlying data
| Date | WBTC | cbBTC | BTCB | LBTC | SolvBTC | tBTC | uniBTC | Other wrappers |
|---|---|---|---|---|---|---|---|---|
| 2025-09-28 | 116.4k BTC | 57.3k BTC | 65.3k BTC | 9.9k BTC | 7.6k BTC | 5.6k BTC | 2.7k BTC | 10.8k BTC |
| 2025-10-01 | 116.4k BTC | 59.0k BTC | 65.3k BTC | 9.6k BTC | 7.4k BTC | 5.5k BTC | 2.7k BTC | 10.9k BTC |
| 2025-10-04 | 116.6k BTC | 60.0k BTC | 65.3k BTC | 9.7k BTC | 7.4k BTC | 5.5k BTC | 2.7k BTC | 10.8k BTC |
| 2025-10-07 | 116.6k BTC | 62.9k BTC | 65.3k BTC | 9.7k BTC | 7.4k BTC | 5.6k BTC | 2.7k BTC | 10.6k BTC |
| 2025-10-10 | 116.6k BTC | 64.6k BTC | 65.3k BTC | 9.6k BTC | 7.5k BTC | 5.3k BTC | 2.5k BTC | 11.2k BTC |
| 2025-10-13 | 116.6k BTC | 65.1k BTC | 65.3k BTC | 9.6k BTC | 7.4k BTC | 5.2k BTC | 2.5k BTC | 11.4k BTC |
| 2025-10-16 | 116.7k BTC | 65.7k BTC | 65.3k BTC | 9.6k BTC | 7.6k BTC | 4.9k BTC | 2.1k BTC | 11.3k BTC |
| 2025-10-19 | 116.5k BTC | 65.2k BTC | 65.3k BTC | 9.5k BTC | 7.7k BTC | 5.0k BTC | 2.8k BTC | 11.1k BTC |
| 2025-10-22 | 116.5k BTC | 66.6k BTC | 65.3k BTC | 9.9k BTC | 7.7k BTC | 4.9k BTC | 2.8k BTC | 11.6k BTC |
| 2025-10-25 | 116.5k BTC | 66.5k BTC | 65.3k BTC | 9.6k BTC | 7.7k BTC | 4.9k BTC | 2.8k BTC | 11.6k BTC |
| 2025-10-28 | 116.5k BTC | 66.9k BTC | 65.3k BTC | 9.6k BTC | 7.6k BTC | 4.9k BTC | 2.8k BTC | 12.1k BTC |
| 2025-10-31 | 116.6k BTC | 67.6k BTC | 65.3k BTC | 9.8k BTC | 7.5k BTC | 4.9k BTC | 2.8k BTC | 12.1k BTC |
| 2025-11-03 | 116.7k BTC | 68.0k BTC | 65.3k BTC | 9.8k BTC | 7.7k BTC | 5.0k BTC | 2.8k BTC | 12.0k BTC |
| 2025-11-06 | 116.8k BTC | 69.3k BTC | 65.3k BTC | 9.8k BTC | 7.7k BTC | 5.0k BTC | 2.7k BTC | 14.0k BTC |
| 2025-11-09 | 116.8k BTC | 69.6k BTC | 65.3k BTC | 9.9k BTC | 7.6k BTC | 5.0k BTC | 2.7k BTC | 14.3k BTC |
| 2025-11-12 | 116.8k BTC | 69.2k BTC | 65.3k BTC | 9.9k BTC | 7.5k BTC | 5.0k BTC | 2.7k BTC | 14.0k BTC |
| 2025-11-15 | 116.8k BTC | 69.6k BTC | 65.3k BTC | 9.8k BTC | 7.8k BTC | 5.1k BTC | 2.7k BTC | 13.6k BTC |
| 2025-11-18 | 116.8k BTC | 69.8k BTC | 65.3k BTC | 9.9k BTC | 7.8k BTC | 5.2k BTC | 2.6k BTC | 14.0k BTC |
| 2025-11-21 | 116.7k BTC | 68.3k BTC | 65.3k BTC | 10.0k BTC | 7.6k BTC | 5.3k BTC | 1.9k BTC | 13.8k BTC |
| 2025-11-24 | 115.0k BTC | 69.6k BTC | 65.3k BTC | 10.0k BTC | 7.7k BTC | 5.3k BTC | 1.9k BTC | 14.3k BTC |
| 2025-11-27 | 115.0k BTC | 70.3k BTC | 65.3k BTC | 9.9k BTC | 8.0k BTC | 5.3k BTC | 1.9k BTC | 15.0k BTC |
| 2025-11-30 | 115.1k BTC | 67.5k BTC | 65.3k BTC | 9.9k BTC | 7.9k BTC | 5.3k BTC | 1.9k BTC | 15.4k BTC |
| 2025-12-03 | 115.2k BTC | 66.9k BTC | 65.3k BTC | 9.9k BTC | 7.9k BTC | 5.3k BTC | 1.9k BTC | 15.0k BTC |
| 2025-12-06 | 115.2k BTC | 68.0k BTC | 65.3k BTC | 9.8k BTC | 7.8k BTC | 5.3k BTC | 1.9k BTC | 15.0k BTC |
| 2025-12-09 | 115.3k BTC | 68.1k BTC | 65.3k BTC | 9.3k BTC | 7.8k BTC | 5.3k BTC | 2.4k BTC | 15.8k BTC |
| 2025-12-12 | 115.3k BTC | 69.0k BTC | 65.3k BTC | 9.8k BTC | 7.8k BTC | 5.2k BTC | 2.2k BTC | 15.4k BTC |
| 2025-12-15 | 115.3k BTC | 69.6k BTC | 65.3k BTC | 9.6k BTC | 7.9k BTC | 5.2k BTC | 2.2k BTC | 15.3k BTC |
| 2025-12-18 | 115.3k BTC | 70.3k BTC | 65.3k BTC | 9.7k BTC | 7.9k BTC | 5.2k BTC | 2.3k BTC | 15.0k BTC |
| 2025-12-21 | 115.4k BTC | 69.8k BTC | 65.3k BTC | 9.7k BTC | 7.7k BTC | 5.2k BTC | 2.4k BTC | 14.9k BTC |
| 2025-12-24 | 115.4k BTC | 69.1k BTC | 65.3k BTC | 9.8k BTC | 7.3k BTC | 5.1k BTC | 2.4k BTC | 14.7k BTC |
| 2025-12-27 | 115.5k BTC | 69.7k BTC | 65.3k BTC | 9.7k BTC | 7.6k BTC | 5.1k BTC | 2.3k BTC | 14.4k BTC |
| 2025-12-30 | 115.6k BTC | 69.7k BTC | 65.3k BTC | 9.7k BTC | 7.6k BTC | 5.0k BTC | 2.3k BTC | 15.2k BTC |
| 2026-01-02 | 115.7k BTC | 72.6k BTC | 65.3k BTC | 9.7k BTC | 7.6k BTC | 5.0k BTC | 2.3k BTC | 15.3k BTC |
| 2026-01-05 | 115.7k BTC | 72.6k BTC | 65.3k BTC | 9.7k BTC | 7.6k BTC | 5.0k BTC | 2.3k BTC | 15.7k BTC |
| 2026-01-08 | 115.8k BTC | 72.4k BTC | 65.3k BTC | 9.7k BTC | 7.3k BTC | 5.0k BTC | 2.3k BTC | 15.8k BTC |
| 2026-01-11 | 115.8k BTC | 72.7k BTC | 65.3k BTC | 9.7k BTC | 7.4k BTC | 5.0k BTC | 2.3k BTC | 15.6k BTC |
| 2026-01-14 | 115.8k BTC | 72.8k BTC | 65.3k BTC | 9.7k BTC | 7.6k BTC | 5.0k BTC | 2.3k BTC | 15.6k BTC |
| 2026-01-17 | 115.8k BTC | 73.4k BTC | 65.3k BTC | 9.6k BTC | 7.4k BTC | 5.0k BTC | 2.3k BTC | 16.1k BTC |
| 2026-01-20 | 115.3k BTC | 73.5k BTC | 65.3k BTC | 9.6k BTC | 8.6k BTC | 5.0k BTC | 2.3k BTC | 16.2k BTC |
| 2026-01-23 | 115.3k BTC | 74.4k BTC | 65.3k BTC | 9.5k BTC | 8.2k BTC | 5.0k BTC | 2.3k BTC | 16.9k BTC |
| 2026-01-26 | 115.2k BTC | 75.3k BTC | 65.3k BTC | 9.9k BTC | 8.0k BTC | 5.0k BTC | 2.3k BTC | 16.8k BTC |
| 2026-01-29 | 115.2k BTC | 76.4k BTC | 65.3k BTC | 10.2k BTC | 7.2k BTC | 5.1k BTC | 2.3k BTC | 16.5k BTC |
| 2026-02-01 | 115.3k BTC | 74.4k BTC | 65.3k BTC | 10.2k BTC | 7.2k BTC | 5.2k BTC | 2.2k BTC | 16.4k BTC |
| 2026-02-04 | 111.8k BTC | 77.1k BTC | 65.3k BTC | 10.3k BTC | 7.3k BTC | 5.3k BTC | 2.2k BTC | 16.4k BTC |
| 2026-02-07 | 111.8k BTC | 83.3k BTC | 65.3k BTC | 10.3k BTC | 7.1k BTC | 5.8k BTC | 2.2k BTC | 16.5k BTC |
| 2026-02-10 | 111.7k BTC | 83.2k BTC | 65.3k BTC | 9.8k BTC | 8.0k BTC | 5.7k BTC | 2.2k BTC | 15.8k BTC |
| 2026-02-13 | 111.6k BTC | 84.9k BTC | 65.3k BTC | 9.6k BTC | 8.2k BTC | 5.6k BTC | 2.2k BTC | 16.1k BTC |
| 2026-02-16 | 111.6k BTC | 85.0k BTC | 65.3k BTC | 9.5k BTC | 7.3k BTC | 5.0k BTC | 2.2k BTC | 16.1k BTC |
| 2026-02-19 | 111.4k BTC | 84.4k BTC | 65.3k BTC | 9.2k BTC | 6.8k BTC | 5.0k BTC | 2.2k BTC | 16.1k BTC |
| 2026-02-22 | 111.1k BTC | 83.5k BTC | 65.3k BTC | 9.2k BTC | 6.6k BTC | 5.0k BTC | 2.2k BTC | 16.1k BTC |
| 2026-02-25 | 110.5k BTC | 85.0k BTC | 65.3k BTC | 9.1k BTC | 6.3k BTC | 5.0k BTC | 2.2k BTC | 16.0k BTC |
| 2026-02-28 | 110.5k BTC | 84.5k BTC | 65.3k BTC | 9.3k BTC | 6.2k BTC | 5.0k BTC | 2.2k BTC | 15.9k BTC |
| 2026-03-03 | 110.6k BTC | 84.0k BTC | 65.3k BTC | 9.4k BTC | 6.5k BTC | 5.0k BTC | 2.6k BTC | 15.7k BTC |
| 2026-03-06 | 110.7k BTC | 83.7k BTC | 65.3k BTC | 9.4k BTC | 6.3k BTC | 4.9k BTC | 2.6k BTC | 15.7k BTC |
| 2026-03-09 | 110.1k BTC | 83.9k BTC | 65.3k BTC | 9.4k BTC | 6.2k BTC | 4.9k BTC | 2.6k BTC | 15.5k BTC |
| 2026-03-12 | 110.0k BTC | 83.8k BTC | 65.3k BTC | 9.4k BTC | 6.3k BTC | 4.9k BTC | 2.6k BTC | 15.5k BTC |
| 2026-03-15 | 110.0k BTC | 84.3k BTC | 65.3k BTC | 9.4k BTC | 6.3k BTC | 4.8k BTC | 3.1k BTC | 15.7k BTC |
| 2026-03-18 | 110.0k BTC | 83.1k BTC | 65.3k BTC | 9.3k BTC | 6.4k BTC | 4.8k BTC | 3.5k BTC | 15.4k BTC |
| 2026-03-21 | 110.0k BTC | 83.7k BTC | 65.3k BTC | 9.5k BTC | 6.4k BTC | 4.9k BTC | 3.5k BTC | 15.3k BTC |
| 2026-03-24 | 110.1k BTC | 84.0k BTC | 65.3k BTC | 9.5k BTC | 6.4k BTC | 4.9k BTC | 3.5k BTC | 15.4k BTC |
| 2026-03-27 | 110.0k BTC | 84.5k BTC | 65.3k BTC | 9.6k BTC | 6.4k BTC | 4.9k BTC | 3.5k BTC | 16.1k BTC |
| 2026-03-30 | 110.0k BTC | 84.5k BTC | 65.3k BTC | 9.6k BTC | 6.4k BTC | 5.0k BTC | 3.7k BTC | 16.1k BTC |
| 2026-04-02 | 110.3k BTC | 84.7k BTC | 65.3k BTC | 9.4k BTC | 6.4k BTC | 5.1k BTC | 3.7k BTC | 16.2k BTC |
| 2026-04-05 | 110.6k BTC | 84.9k BTC | 65.3k BTC | 9.5k BTC | 6.3k BTC | 5.1k BTC | 3.7k BTC | 16.5k BTC |
| 2026-04-08 | 110.6k BTC | 82.8k BTC | 65.3k BTC | 9.4k BTC | 6.3k BTC | 5.2k BTC | 3.7k BTC | 16.3k BTC |
| 2026-04-11 | 110.6k BTC | 83.0k BTC | 65.3k BTC | 9.2k BTC | 6.4k BTC | 5.2k BTC | 3.7k BTC | 16.2k BTC |
| 2026-04-14 | 110.4k BTC | 84.0k BTC | 65.3k BTC | 9.1k BTC | 6.4k BTC | 5.1k BTC | 3.7k BTC | 16.3k BTC |
| 2026-04-17 | 110.5k BTC | 83.3k BTC | 65.3k BTC | 9.4k BTC | 5.6k BTC | 5.0k BTC | 3.7k BTC | 16.3k BTC |
| 2026-04-20 | 110.2k BTC | 73.1k BTC | 65.3k BTC | 9.4k BTC | 5.5k BTC | 4.9k BTC | 3.7k BTC | 15.6k BTC |
| 2026-04-23 | 110.0k BTC | 72.7k BTC | 65.3k BTC | 9.4k BTC | 5.4k BTC | 4.6k BTC | 3.7k BTC | 15.6k BTC |
| 2026-04-26 | 109.8k BTC | 73.3k BTC | 65.3k BTC | 9.3k BTC | 5.5k BTC | 4.6k BTC | 3.7k BTC | 15.6k BTC |
| 2026-04-29 | 109.8k BTC | 73.9k BTC | 65.3k BTC | 9.3k BTC | 5.5k BTC | 4.6k BTC | 3.7k BTC | 15.6k BTC |
| 2026-05-02 | 109.8k BTC | 73.8k BTC | 65.3k BTC | 9.4k BTC | 5.5k BTC | 4.6k BTC | 3.7k BTC | 15.5k BTC |
| 2026-05-05 | 109.7k BTC | 73.5k BTC | 65.3k BTC | 9.3k BTC | 5.5k BTC | 4.6k BTC | 3.7k BTC | 15.4k BTC |
| 2026-05-08 | 109.9k BTC | 77.8k BTC | 65.3k BTC | 9.3k BTC | 5.6k BTC | 4.6k BTC | 3.7k BTC | 15.3k BTC |
| 2026-05-11 | 109.9k BTC | 78.4k BTC | 65.3k BTC | 9.3k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 15.2k BTC |
| 2026-05-14 | 109.7k BTC | 77.1k BTC | 65.3k BTC | 9.2k BTC | 5.7k BTC | 4.7k BTC | 3.7k BTC | 15.2k BTC |
| 2026-05-17 | 109.7k BTC | 77.6k BTC | 65.3k BTC | 9.2k BTC | 5.6k BTC | 4.5k BTC | 3.7k BTC | 15.1k BTC |
| 2026-05-20 | 109.2k BTC | 77.8k BTC | 65.3k BTC | 9.0k BTC | 5.6k BTC | 4.4k BTC | 3.7k BTC | 15.1k BTC |
| 2026-05-23 | 109.3k BTC | 78.9k BTC | 65.3k BTC | 9.0k BTC | 5.6k BTC | 4.3k BTC | 3.7k BTC | 15.2k BTC |
| 2026-05-26 | 109.1k BTC | 79.6k BTC | 65.3k BTC | 8.5k BTC | 5.6k BTC | 4.3k BTC | 3.7k BTC | 15.2k BTC |
| 2026-05-29 | 108.9k BTC | 81.6k BTC | 65.3k BTC | 8.4k BTC | 5.6k BTC | 4.3k BTC | 3.7k BTC | 14.9k BTC |
| 2026-06-01 | 108.9k BTC | 82.9k BTC | 65.3k BTC | 8.5k BTC | 5.6k BTC | 4.4k BTC | 3.7k BTC | 14.6k BTC |
| 2026-06-04 | 108.6k BTC | 82.8k BTC | 65.3k BTC | 8.5k BTC | 5.6k BTC | 4.4k BTC | 3.7k BTC | 15.4k BTC |
| 2026-06-07 | 108.6k BTC | 84.2k BTC | 65.3k BTC | 8.5k BTC | 5.6k BTC | 4.5k BTC | 3.7k BTC | 15.6k BTC |
| 2026-06-10 | 108.7k BTC | 82.7k BTC | 65.3k BTC | 8.6k BTC | 5.6k BTC | 4.6k BTC | 3.7k BTC | 14.6k BTC |
| 2026-06-13 | 108.7k BTC | 82.3k BTC | 65.3k BTC | 8.6k BTC | 5.6k BTC | 4.5k BTC | 3.7k BTC | 13.9k BTC |
| 2026-06-16 | 108.7k BTC | 82.3k BTC | 65.3k BTC | 8.6k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 13.8k BTC |
| 2026-06-19 | 108.7k BTC | 82.7k BTC | 65.3k BTC | 8.6k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 14.1k BTC |
| 2026-06-22 | 108.7k BTC | 82.7k BTC | 65.3k BTC | 8.6k BTC | 5.7k BTC | 4.5k BTC | 3.7k BTC | 14.1k BTC |
| 2026-06-25 | 108.8k BTC | 85.8k BTC | 65.3k BTC | 8.6k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 14.3k BTC |
| 2026-06-28 | 108.8k BTC | 87.1k BTC | 65.3k BTC | 8.5k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 14.2k BTC |
| 2026-07-01 | 108.9k BTC | 88.1k BTC | 65.3k BTC | 8.4k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 13.8k BTC |
| 2026-07-04 | 108.8k BTC | 88.8k BTC | 65.3k BTC | 9.0k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 13.9k BTC |
| 2026-07-07 | 108.9k BTC | 88.4k BTC | 65.3k BTC | 8.9k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 13.9k BTC |
| 2026-07-10 | 108.9k BTC | 91.4k BTC | 65.3k BTC | 8.9k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 13.9k BTC |
| 2026-07-13 | 108.9k BTC | 91.8k BTC | 65.3k BTC | 8.9k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 13.7k BTC |
| 2026-07-16 | 108.9k BTC | 91.7k BTC | 65.3k BTC | 8.9k BTC | 5.7k BTC | 4.6k BTC | 3.7k BTC | 12.9k BTC |
| 2026-07-19 | 108.9k BTC | 91.8k BTC | 65.3k BTC | 8.9k BTC | 5.7k BTC | 4.5k BTC | 3.7k BTC | 12.9k BTC |
| 2026-07-22 | 108.9k BTC | 91.9k BTC | 65.3k BTC | 8.9k BTC | 5.7k BTC | 4.5k BTC | 3.7k BTC | 12.9k BTC |
| 2026-07-25 | 109.0k BTC | 91.8k BTC | 65.3k BTC | 8.9k BTC | 5.7k BTC | 4.4k BTC | 3.7k BTC | 14.0k BTC |
| 2026-07-28 | 109.0k BTC | 93.4k BTC | 65.3k BTC | 8.9k BTC | 5.7k BTC | 4.4k BTC | 3.7k BTC | 14.0k BTC |
| 2026-07-31 | 109.0k BTC | 92.7k BTC | 65.3k BTC | 9.0k BTC | 5.7k BTC | 4.4k BTC | 3.7k BTC | 13.7k BTC |
| 2026-08-03 | 109.0k BTC | 93.0k BTC | 65.3k BTC | 8.9k BTC | 5.7k BTC | 4.4k BTC | 3.7k BTC | 13.9k BTC |
| 2026-08-06 | 109.0k BTC | 93.1k BTC | 65.3k BTC | 8.8k BTC | 5.8k BTC | 4.4k BTC | 3.7k BTC | 13.9k BTC |
| 2026-08-09 | 109.0k BTC | 93.3k BTC | 65.3k BTC | 8.8k BTC | 5.8k BTC | 4.3k BTC | 3.7k BTC | 13.8k BTC |
| 2026-08-12 | 109.1k BTC | 93.9k BTC | 65.3k BTC | 8.7k BTC | 5.8k BTC | 4.1k BTC | 3.7k BTC | 13.7k BTC |
| 2026-08-15 | 109.2k BTC | 93.4k BTC | 65.3k BTC | 8.7k BTC | 5.8k BTC | 4.1k BTC | 3.7k BTC | 13.8k BTC |
| 2026-08-18 | 109.2k BTC | 93.9k BTC | 65.3k BTC | 8.7k BTC | 5.8k BTC | 4.1k BTC | 3.7k BTC | 12.7k BTC |
| 2026-08-21 | 109.3k BTC | 94.4k BTC | 65.3k BTC | 8.6k BTC | 5.8k BTC | 4.0k BTC | 3.7k BTC | 12.8k BTC |
| 2026-08-24 | 109.4k BTC | 94.2k BTC | 65.3k BTC | 8.6k BTC | 5.7k BTC | 4.0k BTC | 3.7k BTC | 12.8k BTC |
| 2026-08-27 | 109.4k BTC | 94.3k BTC | 65.3k BTC | 8.6k BTC | 5.7k BTC | 4.0k BTC | 3.7k BTC | 13.1k BTC |
| 2026-08-30 | 109.4k BTC | 95.0k BTC | 65.3k BTC | 8.5k BTC | 5.7k BTC | 3.9k BTC | 3.7k BTC | 12.8k BTC |
| 2026-09-02 | 109.4k BTC | 95.4k BTC | 65.3k BTC | 8.6k BTC | 5.7k BTC | 3.9k BTC | 3.7k BTC | 13.0k BTC |
| 2026-09-05 | 109.5k BTC | 96.7k BTC | 65.3k BTC | 8.5k BTC | 5.7k BTC | 4.0k BTC | 3.7k BTC | 13.1k BTC |
| 2026-09-08 | 109.5k BTC | 95.0k BTC | 65.3k BTC | 8.5k BTC | 5.7k BTC | 4.0k BTC | 3.7k BTC | 13.1k BTC |
| 2026-09-11 | 109.5k BTC | 96.0k BTC | 65.3k BTC | 8.4k BTC | 5.7k BTC | 3.9k BTC | 3.7k BTC | 13.1k BTC |
| 2026-09-14 | 109.5k BTC | 95.7k BTC | 65.3k BTC | 8.4k BTC | 5.7k BTC | 3.9k BTC | 3.7k BTC | 13.2k BTC |
| 2026-09-17 | 109.5k BTC | 96.1k BTC | 65.3k BTC | 8.3k BTC | 5.7k BTC | 3.9k BTC | 3.7k BTC | 14.2k BTC |
| 2026-09-20 | 109.5k BTC | 95.0k BTC | 65.3k BTC | 8.3k BTC | 5.7k BTC | 3.9k BTC | 3.7k BTC | 14.4k BTC |
| 2026-09-23 | 109.6k BTC | 94.5k BTC | 65.3k BTC | 8.1k BTC | 5.7k BTC | 3.9k BTC | 3.7k BTC | 15.4k BTC |
| 2026-09-26 | 109.7k BTC | 93.8k BTC | 65.3k BTC | 7.8k BTC | 5.7k BTC | 3.9k BTC | 3.7k BTC | 18.7k BTC |
Movement
Where it is minted, redeemed and bridged.
Net minting by issuer, monthly
Which issuers are minting wrapped BTC, and which are redeeming it?
- Net
- +981 BTC Aug 2026
- Top minter
- cbBTC +2.6k BTC
- Top redeemer
- Other wrappers −610 BTC
Source: Onchain mint/burn events — Onchain BTC ResearchMethodology
View underlying data
| Month | WBTC | cbBTC | LBTC | tBTC | Other wrappers |
|---|---|---|---|---|---|
| 2025-10-01 | -381 BTC | 10.0k BTC | 155 BTC | -534 BTC | 1.6k BTC |
| 2025-11-01 | -1.7k BTC | -67 BTC | -737 BTC | 268 BTC | 3.6k BTC |
| 2025-12-01 | 65 BTC | 4.5k BTC | -197 BTC | -376 BTC | -804 BTC |
| 2026-01-01 | -82 BTC | 2.7k BTC | 432 BTC | 175 BTC | 190 BTC |
| 2026-02-01 | -4.9k BTC | 9.8k BTC | -901 BTC | -217 BTC | -1.6k BTC |
| 2026-03-01 | -1.0k BTC | 388 BTC | -41 BTC | 33 BTC | 1.8k BTC |
| 2026-04-01 | -1.4k BTC | -11.0k BTC | -440 BTC | -635 BTC | -1.4k BTC |
| 2026-05-01 | -2.2k BTC | 7.8k BTC | -858 BTC | -458 BTC | -627 BTC |
| 2026-06-01 | -199 BTC | 5.1k BTC | -455 BTC | 145 BTC | -1.1k BTC |
| 2026-07-01 | 23 BTC | 6.0k BTC | 568 BTC | -161 BTC | -57 BTC |
| 2026-08-01 | -109 BTC | 2.6k BTC | -444 BTC | -504 BTC | -610 BTC |
Lending
How much is posted as collateral, where, and in what form.
Which wrapped BTC is posted as collateral
Which wrapper do borrowers actually pledge, and is that changing?
- Total
- 121.9k BTC
- Change
- +11.0k BTC since Jan 2026
- Largest
- cbBTC 60.9% of total
Source: Aave v3, Morpho Blue, Spark — Onchain BTC ResearchMethodology
View underlying data
| Date | WBTC | cbBTC | LBTC | tBTC | Other wrappers |
|---|---|---|---|---|---|
| 2026-01-01 | 46.1k BTC | 56.8k BTC | 5.9k BTC | 1.7k BTC | 523 BTC |
| 2026-01-03 | 46.1k BTC | 56.8k BTC | 5.9k BTC | 1.7k BTC | 523 BTC |
| 2026-01-05 | 46.1k BTC | 57.1k BTC | 5.9k BTC | 1.8k BTC | 483 BTC |
| 2026-01-07 | 46.2k BTC | 57.6k BTC | 5.9k BTC | 1.8k BTC | 483 BTC |
| 2026-01-09 | 46.2k BTC | 58.0k BTC | 6.2k BTC | 1.8k BTC | 483 BTC |
| 2026-01-11 | 46.2k BTC | 58.0k BTC | 6.2k BTC | 1.8k BTC | 483 BTC |
| 2026-01-13 | 46.4k BTC | 57.6k BTC | 6.2k BTC | 1.8k BTC | 483 BTC |
| 2026-01-15 | 46.3k BTC | 57.9k BTC | 6.2k BTC | 1.8k BTC | 559 BTC |
| 2026-01-17 | 46.3k BTC | 58.1k BTC | 6.2k BTC | 1.8k BTC | 559 BTC |
| 2026-01-19 | 46.4k BTC | 58.5k BTC | 6.2k BTC | 1.8k BTC | 559 BTC |
| 2026-01-21 | 46.3k BTC | 58.1k BTC | 6.2k BTC | 1.8k BTC | 559 BTC |
| 2026-01-23 | 46.5k BTC | 58.8k BTC | 6.1k BTC | 1.8k BTC | 559 BTC |
| 2026-01-25 | 46.2k BTC | 59.6k BTC | 6.1k BTC | 1.8k BTC | 519 BTC |
| 2026-01-27 | 45.5k BTC | 60.1k BTC | 6.3k BTC | 1.9k BTC | 519 BTC |
| 2026-01-29 | 45.9k BTC | 61.0k BTC | 7.1k BTC | 1.9k BTC | 517 BTC |
| 2026-01-31 | 45.4k BTC | 58.9k BTC | 7.1k BTC | 1.8k BTC | 517 BTC |
| 2026-02-02 | 45.0k BTC | 59.6k BTC | 7.2k BTC | 1.8k BTC | 339 BTC |
| 2026-02-04 | 44.6k BTC | 61.5k BTC | 7.3k BTC | 1.8k BTC | 609 BTC |
| 2026-02-06 | 44.8k BTC | 65.2k BTC | 7.4k BTC | 1.9k BTC | 607 BTC |
| 2026-02-08 | 44.7k BTC | 65.6k BTC | 7.4k BTC | 1.9k BTC | 705 BTC |
| 2026-02-10 | 44.7k BTC | 65.6k BTC | 7.0k BTC | 1.9k BTC | 765 BTC |
| 2026-02-12 | 44.9k BTC | 67.4k BTC | 6.7k BTC | 1.9k BTC | 730 BTC |
| 2026-02-14 | 44.8k BTC | 67.2k BTC | 6.7k BTC | 1.9k BTC | 727 BTC |
| 2026-02-16 | 44.9k BTC | 67.3k BTC | 6.6k BTC | 1.9k BTC | 727 BTC |
| 2026-02-18 | 44.9k BTC | 67.8k BTC | 6.4k BTC | 1.8k BTC | 727 BTC |
| 2026-02-20 | 44.1k BTC | 67.5k BTC | 6.2k BTC | 1.8k BTC | 727 BTC |
| 2026-02-22 | 43.9k BTC | 66.9k BTC | 6.1k BTC | 1.8k BTC | 727 BTC |
| 2026-02-24 | 43.6k BTC | 67.3k BTC | 6.2k BTC | 1.8k BTC | 653 BTC |
| 2026-02-26 | 43.7k BTC | 65.8k BTC | 6.3k BTC | 1.8k BTC | 653 BTC |
| 2026-02-28 | 43.9k BTC | 66.0k BTC | 6.3k BTC | 1.8k BTC | 653 BTC |
| 2026-03-02 | 43.7k BTC | 65.7k BTC | 6.3k BTC | 1.8k BTC | 653 BTC |
| 2026-03-04 | 43.8k BTC | 65.4k BTC | 6.5k BTC | 1.8k BTC | 653 BTC |
| 2026-03-06 | 43.5k BTC | 65.6k BTC | 6.3k BTC | 1.8k BTC | 603 BTC |
| 2026-03-08 | 43.5k BTC | 65.9k BTC | 6.3k BTC | 1.8k BTC | 603 BTC |
| 2026-03-10 | 44.0k BTC | 66.1k BTC | 6.2k BTC | 1.9k BTC | 603 BTC |
| 2026-03-12 | 43.9k BTC | 66.1k BTC | 6.2k BTC | 1.8k BTC | 603 BTC |
| 2026-03-14 | 43.9k BTC | 65.9k BTC | 6.2k BTC | 1.9k BTC | 603 BTC |
| 2026-03-16 | 44.0k BTC | 65.3k BTC | 6.2k BTC | 1.9k BTC | 489 BTC |
| 2026-03-18 | 44.1k BTC | 65.6k BTC | 6.2k BTC | 1.9k BTC | 489 BTC |
| 2026-03-20 | 43.3k BTC | 65.7k BTC | 5.9k BTC | 1.9k BTC | 349 BTC |
| 2026-03-22 | 43.3k BTC | 65.7k BTC | 6.0k BTC | 1.9k BTC | 349 BTC |
| 2026-03-24 | 43.4k BTC | 65.8k BTC | 5.9k BTC | 2.0k BTC | 324 BTC |
| 2026-03-26 | 43.4k BTC | 66.1k BTC | 6.0k BTC | 2.0k BTC | 404 BTC |
| 2026-03-28 | 43.6k BTC | 66.9k BTC | 6.1k BTC | 2.1k BTC | 404 BTC |
| 2026-03-30 | 43.6k BTC | 63.5k BTC | 6.0k BTC | 2.1k BTC | 404 BTC |
| 2026-04-01 | 43.5k BTC | 66.9k BTC | 6.0k BTC | 2.2k BTC | 400 BTC |
| 2026-04-03 | 43.9k BTC | 66.4k BTC | 6.0k BTC | 2.2k BTC | 369 BTC |
| 2026-04-05 | 43.8k BTC | 66.5k BTC | 5.9k BTC | 2.3k BTC | 401 BTC |
| 2026-04-07 | 43.7k BTC | 66.7k BTC | 5.8k BTC | 2.4k BTC | 401 BTC |
| 2026-04-09 | 43.5k BTC | 66.5k BTC | 5.6k BTC | 2.4k BTC | 401 BTC |
| 2026-04-11 | 43.3k BTC | 66.1k BTC | 5.7k BTC | 2.4k BTC | 401 BTC |
| 2026-04-13 | 43.1k BTC | 66.5k BTC | 5.6k BTC | 2.4k BTC | 401 BTC |
| 2026-04-15 | 43.2k BTC | 66.7k BTC | 5.5k BTC | 2.4k BTC | 401 BTC |
| 2026-04-17 | 43.1k BTC | 66.2k BTC | 5.8k BTC | 2.4k BTC | 401 BTC |
| 2026-04-19 | 38.2k BTC | 52.6k BTC | 5.4k BTC | 2.2k BTC | 401 BTC |
| 2026-04-21 | 36.8k BTC | 52.9k BTC | 5.6k BTC | 2.1k BTC | 400 BTC |
| 2026-04-23 | 36.1k BTC | 53.5k BTC | 5.5k BTC | 2.1k BTC | 398 BTC |
| 2026-04-25 | 36.1k BTC | 53.6k BTC | 5.5k BTC | 2.1k BTC | 395 BTC |
| 2026-04-27 | 36.1k BTC | 53.1k BTC | 5.5k BTC | 2.1k BTC | 394 BTC |
| 2026-04-29 | 35.8k BTC | 53.7k BTC | 5.5k BTC | 2.0k BTC | 394 BTC |
| 2026-05-01 | 36.2k BTC | 53.2k BTC | 5.5k BTC | 2.0k BTC | 394 BTC |
| 2026-05-03 | 36.4k BTC | 53.1k BTC | 5.5k BTC | 2.0k BTC | 394 BTC |
| 2026-05-05 | 36.4k BTC | 52.9k BTC | 5.6k BTC | 2.0k BTC | 294 BTC |
| 2026-05-07 | 36.4k BTC | 53.3k BTC | 5.6k BTC | 1.9k BTC | 290 BTC |
| 2026-05-09 | 36.4k BTC | 57.3k BTC | 5.5k BTC | 1.9k BTC | 290 BTC |
| 2026-05-11 | 36.5k BTC | 58.2k BTC | 5.8k BTC | 1.9k BTC | 265 BTC |
| 2026-05-13 | 36.6k BTC | 57.7k BTC | 5.8k BTC | 1.9k BTC | 265 BTC |
| 2026-05-15 | 36.6k BTC | 57.8k BTC | 6.0k BTC | 1.9k BTC | 172 BTC |
| 2026-05-17 | 36.7k BTC | 57.8k BTC | 5.4k BTC | 1.9k BTC | 172 BTC |
| 2026-05-19 | 36.9k BTC | 59.0k BTC | 5.8k BTC | 1.9k BTC | 172 BTC |
| 2026-05-21 | 37.1k BTC | 59.0k BTC | 5.8k BTC | 1.9k BTC | 172 BTC |
| 2026-05-23 | 37.2k BTC | 59.1k BTC | 5.8k BTC | 1.9k BTC | 172 BTC |
| 2026-05-25 | 37.2k BTC | 59.4k BTC | 5.4k BTC | 2.0k BTC | 172 BTC |
| 2026-05-27 | 37.0k BTC | 59.7k BTC | 5.4k BTC | 2.0k BTC | 172 BTC |
| 2026-05-29 | 37.4k BTC | 62.3k BTC | 5.6k BTC | 2.0k BTC | 189 BTC |
| 2026-05-31 | 37.5k BTC | 62.3k BTC | 5.7k BTC | 2.0k BTC | 203 BTC |
| 2026-06-02 | 37.1k BTC | 63.9k BTC | 5.7k BTC | 2.0k BTC | 215 BTC |
| 2026-06-04 | 37.9k BTC | 63.1k BTC | 6.2k BTC | 1.9k BTC | 216 BTC |
| 2026-06-06 | 37.5k BTC | 62.1k BTC | 6.2k BTC | 1.9k BTC | 216 BTC |
| 2026-06-08 | 37.4k BTC | 62.3k BTC | 6.3k BTC | 2.0k BTC | 216 BTC |
| 2026-06-10 | 37.1k BTC | 62.5k BTC | 6.3k BTC | 2.0k BTC | 216 BTC |
| 2026-06-12 | 37.8k BTC | 62.4k BTC | 6.3k BTC | 2.0k BTC | 216 BTC |
| 2026-06-14 | 38.1k BTC | 62.6k BTC | 6.3k BTC | 2.0k BTC | 216 BTC |
| 2026-06-16 | 38.2k BTC | 61.7k BTC | 6.4k BTC | 2.0k BTC | 216 BTC |
| 2026-06-18 | 38.3k BTC | 62.1k BTC | 6.4k BTC | 2.0k BTC | 215 BTC |
| 2026-06-20 | 38.6k BTC | 62.0k BTC | 6.4k BTC | 2.0k BTC | 217 BTC |
| 2026-06-22 | 38.5k BTC | 62.4k BTC | 6.4k BTC | 2.0k BTC | 217 BTC |
| 2026-06-24 | 38.5k BTC | 63.5k BTC | 6.4k BTC | 2.0k BTC | 215 BTC |
| 2026-06-26 | 38.2k BTC | 67.0k BTC | 6.4k BTC | 2.0k BTC | 218 BTC |
| 2026-06-28 | 38.3k BTC | 67.2k BTC | 6.4k BTC | 2.0k BTC | 217 BTC |
| 2026-06-30 | 38.5k BTC | 67.4k BTC | 6.3k BTC | 2.0k BTC | 217 BTC |
| 2026-07-02 | 38.5k BTC | 68.9k BTC | 6.3k BTC | 2.0k BTC | 217 BTC |
| 2026-07-04 | 38.9k BTC | 69.2k BTC | 6.3k BTC | 2.0k BTC | 217 BTC |
| 2026-07-06 | 38.8k BTC | 68.5k BTC | 6.3k BTC | 2.1k BTC | 217 BTC |
| 2026-07-08 | 38.7k BTC | 68.7k BTC | 6.3k BTC | 2.1k BTC | 218 BTC |
| 2026-07-10 | 38.6k BTC | 68.4k BTC | 6.3k BTC | 2.1k BTC | 218 BTC |
| 2026-07-12 | 38.6k BTC | 68.4k BTC | 6.3k BTC | 2.1k BTC | 218 BTC |
| 2026-07-14 | 38.6k BTC | 69.1k BTC | 6.3k BTC | 2.1k BTC | 220 BTC |
| 2026-07-16 | 38.3k BTC | 69.7k BTC | 6.3k BTC | 2.1k BTC | 220 BTC |
| 2026-07-18 | 38.4k BTC | 69.8k BTC | 6.3k BTC | 2.1k BTC | 220 BTC |
| 2026-07-20 | 38.5k BTC | 70.3k BTC | 6.3k BTC | 2.1k BTC | 200 BTC |
| 2026-07-22 | 39.1k BTC | 69.3k BTC | 6.3k BTC | 2.1k BTC | 220 BTC |
| 2026-07-24 | 39.5k BTC | 70.1k BTC | 6.3k BTC | 2.1k BTC | 220 BTC |
| 2026-07-26 | 39.5k BTC | 70.5k BTC | 6.3k BTC | 2.1k BTC | 220 BTC |
| 2026-07-28 | 39.8k BTC | 71.3k BTC | 6.3k BTC | 2.1k BTC | 231 BTC |
| 2026-07-30 | 39.7k BTC | 70.7k BTC | 6.3k BTC | 2.1k BTC | 231 BTC |
| 2026-08-01 | 40.1k BTC | 70.9k BTC | 6.3k BTC | 2.1k BTC | 231 BTC |
| 2026-08-03 | 40.3k BTC | 71.5k BTC | 6.4k BTC | 2.1k BTC | 231 BTC |
| 2026-08-05 | 40.2k BTC | 71.5k BTC | 6.0k BTC | 2.1k BTC | 236 BTC |
| 2026-08-07 | 40.2k BTC | 71.5k BTC | 5.9k BTC | 2.1k BTC | 276 BTC |
| 2026-08-09 | 40.3k BTC | 71.6k BTC | 6.0k BTC | 1.8k BTC | 276 BTC |
| 2026-08-11 | 40.5k BTC | 71.1k BTC | 6.0k BTC | 1.8k BTC | 272 BTC |
| 2026-08-13 | 40.8k BTC | 70.6k BTC | 6.0k BTC | 1.8k BTC | 272 BTC |
| 2026-08-15 | 40.9k BTC | 71.5k BTC | 6.1k BTC | 1.8k BTC | 258 BTC |
| 2026-08-17 | 41.0k BTC | 71.6k BTC | 6.0k BTC | 1.8k BTC | 262 BTC |
| 2026-08-19 | 41.1k BTC | 72.3k BTC | 6.1k BTC | 1.8k BTC | 262 BTC |
| 2026-08-21 | 40.1k BTC | 72.9k BTC | 6.0k BTC | 1.8k BTC | 253 BTC |
| 2026-08-23 | 39.2k BTC | 73.1k BTC | 6.0k BTC | 1.8k BTC | 253 BTC |
| 2026-08-25 | 39.2k BTC | 73.1k BTC | 6.0k BTC | 1.8k BTC | 259 BTC |
| 2026-08-27 | 39.0k BTC | 73.2k BTC | 6.0k BTC | 1.8k BTC | 265 BTC |
| 2026-08-29 | 39.2k BTC | 72.0k BTC | 6.0k BTC | 1.8k BTC | 266 BTC |
| 2026-08-31 | 39.1k BTC | 72.2k BTC | 5.8k BTC | 1.8k BTC | 266 BTC |
| 2026-09-02 | 39.1k BTC | 72.0k BTC | 5.8k BTC | 1.8k BTC | 266 BTC |
| 2026-09-04 | 39.2k BTC | 73.2k BTC | 5.8k BTC | 1.8k BTC | 266 BTC |
| 2026-09-06 | 39.2k BTC | 72.3k BTC | 5.8k BTC | 1.8k BTC | 266 BTC |
| 2026-09-08 | 39.3k BTC | 72.4k BTC | 5.8k BTC | 1.8k BTC | 237 BTC |
| 2026-09-10 | 39.5k BTC | 72.6k BTC | 5.6k BTC | 1.8k BTC | 226 BTC |
| 2026-09-12 | 39.6k BTC | 72.9k BTC | 5.6k BTC | 1.8k BTC | 225 BTC |
| 2026-09-14 | 39.7k BTC | 73.4k BTC | 5.6k BTC | 1.8k BTC | 225 BTC |
| 2026-09-16 | 39.9k BTC | 74.5k BTC | 5.6k BTC | 1.8k BTC | 225 BTC |
| 2026-09-18 | 40.2k BTC | 75.2k BTC | 5.5k BTC | 1.8k BTC | 225 BTC |
| 2026-09-20 | 40.3k BTC | 75.4k BTC | 5.5k BTC | 1.8k BTC | 225 BTC |
| 2026-09-22 | 40.4k BTC | 74.9k BTC | 5.4k BTC | 1.7k BTC | 225 BTC |
| 2026-09-24 | 40.4k BTC | 76.0k BTC | 5.4k BTC | 1.7k BTC | 225 BTC |
| 2026-09-26 | 40.4k BTC | 74.3k BTC | 5.3k BTC | 1.7k BTC | 225 BTC |
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Commissioned research, measurement design and review on wrapped-BTC market structure.