Overview of LayerZero Bridged WBTC (Unichain)
LayerZero Bridged WBTC (Unichain) represents a cross-chain version of Wrapped Bitcoin (WBTC) enabled by LayerZero's interoperability protocol. This token mirrors Bitcoin's value while operating on multiple blockchains through Unichain's bridging infrastructure.
Key Market Data (Live Updates)
| Metric | Value |
|---|---|
| Current Price | $109,015 |
| 24h Low/High | $108,538 / $110,442 |
| 24h Trading Volume | $72.63M |
| All-Time High (ATH) | $110,442 (July 3, 2025) |
| Circulating Supply | 0 WBTC |
| Max Supply | 754.83 WBTC |
๐ Discover real-time WBTC price movements
Detailed Price Performance Analysis
Historical Trends
- ATH Performance: Currently trading 1.29% below its peak value
- Recent Volatility: 0.52% price decrease over past 24 hours
- Liquidity Profile: Healthy $72M+ daily trading volume indicates strong market participation
Supply Dynamics
Unlike traditional WBTC, this bridged version currently shows:
- Zero circulating supply due to cross-chain locking mechanisms
- Strictly capped maximum supply of 754.83 tokens
Market Exchange Data
Top Trading Pairs
WBTC maintains active trading across major exchanges with:
- Stable USD pairing liquidity
- Consistent price correlation with native Bitcoin
Order Book Depth
Market makers provide:
- Tight bid-ask spreads
- High-volume support levels around $108,500
๐ Compare WBTC prices across exchanges
Frequently Asked Questions
What determines WBTC's price?
The value is maintained through:
- Bitcoin's underlying price
- Cross-chain arbitrage opportunities
- LayerZero bridge security guarantees
How does LayerZero bridging work?
The process involves:
- Locking original WBTC
- Minting equivalent tokens on destination chain
- Maintaining 1:1 peg through decentralized oracles
Why choose bridged WBTC?
Key advantages include:
- Multi-chain accessibility
- Maintained Bitcoin exposure
- Lower gas costs vs native WBTC transfers
Is this different from regular WBTC?
Critical distinctions:
- Issued via LayerZero protocol
- Tracks separate price history
- Different supply mechanics
Future Outlook
Market analysts suggest:
- Increased adoption as cross-chain DeFi grows
- Potential supply shocks if bridging activity surges
- Continued strong BTC price correlation
๐ Track WBTC's latest developments
Conclusion
LayerZero Bridged WBTC (Unichain) offers Bitcoin holders expanded utility across blockchain ecosystems while maintaining price stability through robust bridging mechanisms. Its unique supply characteristics and growing trading volume make it an interesting derivative asset for crypto portfolios.