1H
-0.39%$0.0013
24H
1.89%$0.0061
7D
5.91%$0.0183
30D
-8.89%$0.0320
Ever heard of the acronym WBTC? It stands for Wrapped Bitcoin. This is an ERC20 token that denotes Bitcoin (BTC), the top cryptocurrency by market cap. But how did it all begin and what does this token entail? Read on to find out.
Despite being criticized for not being fully decentralized, Compound has offered several advantages for users in the crypto and DeFi space. Therefore, it is often referred to as a “crypto-economic miracle”.