📊 WBTC Supply Shrinks by Record Amount In November, a total of 30.6K WBTC was redeemed, the highest...Since then, WBTC supply has shrunk by over 24%....The largest daily redemption of WBTC took place on Dec. 15, 2022, when 13.6K WBTC (worth $239M) were...WBTC is an ERC-20 token that is backed on a 1:1 basis by BTC.

The CEO has been communicative on feedback, agreeing to discuss people’s questions. wBTC Offboarding...The harsh reality is that wBTC has dominated the “Bitcoin on Ethereum” space because of its longstanding...A proposal calling for wBTC to be removed from Maker has been extensively supported....This is important because wBTC CDPs contribute ~10% of the DAO’s revenue.

Digg Sett – Stake $DIGG for compounding DIGG rewards Digg/wBTC Uni – Stake pooled Digg and wBTC for Badger...+ Digg Rewards Digg/wBTC Sushi – Stake pooled Digg and wBTC for Badger + Digg + xSushi rewards (Visual...If you are already eligible for Digg or have wBTC on hand, liquidity provisioning to the Setts provides...

...with the advent of new cross-chain variations like renBTC and tBTC, in addition to the inclusion of WBTC...In certain situations, like with WBTC, a holder needs to trust a federated group of entities and BitGo...A friend of mine recently said “Of course I trust WBTC more than renBTC right now”.

As of writing, Curve’s wBTC/ETH/USDT pool 1D volume sits at ~$46M....Uniswap v3′ ETH/USDC, wBTC/USDC, and wBTC/ETH, aggregate 1D volume is ~$236M.

...favors USDT as the go-to stablecoin for its deep liquidity and brushes off centralization concerns, wBTC...How do you quickly make up for lost ground to wBTC and renBTC?...It’ll be exchangeable in a tBTC / [renBTC, wBTC, sBTC] pool.

BitGo is the biggest custodian of wrapped coins; namely wBTC....) The second generation of wrapped coins attempts to offer the same utility you come to expect from wBTC...

The program distributed 20 million UNI to LPs over 2 months, split evenly between the WBTC/ETH, USDC/...Here are the amount of assets in Uniswap which are no longer receiving rewards: ETH: $1,053,323,592 WBTC...each brought in a considerable amount of fees: USDT/ETH: ~$17M, USDC/ETH: ~$16M, DAI/ETH: ~$7M, and WBTC...

This is evident in the chart below when looking at the WBTC Covered Call and USDC Protected Put vaults...The vault lost ~2% in ETH. 2) WBTC covered call vault the week of July 24th when BTC jumped 25% from...at 1% for the protected put USDC and Yearn USDC vaults, and 0.5% for the covered call vaults (ETH, WBTC...

The Multichain 3 hack on July 6, 2023 led to $126 million of DAI, LINK, USDC, WBTC, and wETH....The Orbit Bridge hack on December 31, 2023 cost $82 million in ETH, USDT, USDC, WBTC, and DAI due to...Bitcoin (wBTC) was the first product to bridge Bitcoin’s value with Ethereum’s decentralized finance...

Key Takeaways The top tokens by liquidity are no surprise either, with ETH, WBTC, UNI, and the top stablecoins...

Most borrowers on Maker deposit assets like ETH and WBTC and use their DAI to yield farm or lever into...Since then, Maker has added more custodial assets like WBTC, TUSD, PAX, and USDT.

Curve supports swaps between 10 assets today (Dai, USDC, USDT, TUSD, BUSD, sUSD, PAX, renBTC, wBTC, sBTC...Recently, Curve has expanded to create an Ethereum based, BTC pool comprising sBTCm renBTC and WBTC....Now, Cuve is also offering an incentivized Bitcoin pool (sBTC, renBTC and WBTC) where users who supply...

At the moment, Uniswap holds just under 90% market share on ETH and WBTC volume....significantly more liquidity utilization (volume/TVL) than Curve’s Tricrypto (a Curve v2 pool made up of ETH, WBTC...

Newly launched WBTC pools have also further expanded Bitcoin yield opportunities....The WBTC-USDC pool, for example, yields an APR of 229.32% with $518,450 in TVL, while the WBTC-xBTC pool...For users seeking Bitcoin yield farming opportunities, Thala offers a USDC-WBTC weighted pool delivering...

Notable Tweets Charm Finance will launch a WBTC/USDC passive LP vault for Uniswap v3. ?...New WBTC/USDC vault will be open for deposits at https://t.co/8OhD8z1xmF on 22nd July, 4pm UTC!

Since October, ETH and WBTC have slowly re-gained collateral dominance on MakerDAO....BTC, on the other hand, isn’t as liquid on DEXes (as WBTC), which is the primary explanation for why...

BAT, CRV, ENJ, REN, SUSHI, UNI, WBTC, and YFI had their parameters adjusted during this vote.

WETH (50/50) USDC/WETH (50/50) COMP/WETH (50/50) LINK/WETH (50/50) BAL/WETH (50/50) YFI/WETH (50/50) WBTC...

The first proposed pools are wBTC, wETH, USDC, and DAI....BIP 81: The DAO will deploy $10M of its $17M stablecoin treasury to purchase wBTC under 57K....This was proposed in anticipation of potentially using wBTC to compensate users who lost non-BADGER funds...