WBTC is the first ERC20 token backed 1:1 with Bitcoin. WBTC brings greater liquidity to the Ethereum ecosystem including decentralized exchanges and financial applications. Furthermore, WBTC brings Bitcoin's liquidity to DEXs and makes it possible to use Bitcoin for token trades. Now, WBTC has been supported in a number of DeFi projects, including Uniswap, IDEX, DDEX and others.
WBTC is the first ERC20 token backed 1:1 with Bitcoin. WBTC brings greater liquidity to the Ethereum ecosystem including decentralized exchanges and financial applications. Furthermore, WBTC brings Bitcoin's liquidity to DEXs and makes it possible to use Bitcoin for token trades. Now, WBTC has been supported in a number of DeFi projects, including Uniswap, IDEX, DDEX and others.
