• bitcoinBitcoin (BTC) $ 104,294.00
  • ethereumEthereum (ETH) $ 2,506.31
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.15
  • bnbBNB (BNB) $ 642.12
  • solanaSolana (SOL) $ 144.65
  • usd-coinUSDC (USDC) $ 0.999776
  • tronTRON (TRX) $ 0.273885
  • dogecoinDogecoin (DOGE) $ 0.167605
  • staked-etherLido Staked Ether (STETH) $ 2,505.66
  • cardanoCardano (ADA) $ 0.591522
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,185.00
  • hyperliquidHyperliquid (HYPE) $ 35.59
  • wrapped-stethWrapped stETH (WSTETH) $ 3,021.46
  • bitcoin-cashBitcoin Cash (BCH) $ 490.58
  • suiSui (SUI) $ 2.78
  • chainlinkChainlink (LINK) $ 12.93
  • leo-tokenLEO Token (LEO) $ 9.01
  • stellarStellar (XLM) $ 0.247125
  • avalanche-2Avalanche (AVAX) $ 17.88
  • the-open-networkToncoin (TON) $ 2.94
  • usdsUSDS (USDS) $ 0.999696
  • whitebitWhiteBIT Coin (WBT) $ 49.33
  • shiba-inuShiba Inu (SHIB) $ 0.000011
  • wethWETH (WETH) $ 2,506.42
  • wrapped-eethWrapped eETH (WEETH) $ 2,682.25
  • litecoinLitecoin (LTC) $ 84.39
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • hedera-hashgraphHedera (HBAR) $ 0.145891
  • moneroMonero (XMR) $ 307.70
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • polkadotPolkadot (DOT) $ 3.48
  • bitget-tokenBitget Token (BGB) $ 4.25
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,241.00
  • uniswapUniswap (UNI) $ 7.47
  • pepePepe (PEPE) $ 0.000010
  • pi-networkPi Network (PI) $ 0.537250
  • aaveAave (AAVE) $ 252.50
  • daiDai (DAI) $ 0.999712
  • okbOKB (OKB) $ 53.55
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 346.74
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.090259
  • aptosAptos (APT) $ 4.33
  • internet-computerInternet Computer (ICP) $ 5.01
  • nearNEAR Protocol (NEAR) $ 2.12
  • jito-staked-solJito Staked SOL (JITOSOL) $ 175.09
  • susdssUSDS (SUSDS) $ 1.06
  • ethereum-classicEthereum Classic (ETC) $ 16.47
  • ondo-financeOndo (ONDO) $ 0.758480
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.38
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • mantleMantle (MNT) $ 0.625281
  • gatechain-tokenGate (GT) $ 16.65
  • fasttokenFasttoken (FTN) $ 4.43
  • official-trumpOfficial Trump (TRUMP) $ 9.22
  • vechainVeChain (VET) $ 0.021391
  • kaspaKaspa (KAS) $ 0.069196
  • cosmosCosmos Hub (ATOM) $ 3.99
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 103,969.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.663400
  • ethenaEthena (ENA) $ 0.279364
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.186961
  • skySky (SKY) $ 0.078510
  • render-tokenRender (RENDER) $ 3.12
  • filecoinFilecoin (FIL) $ 2.33
  • usdt0USDT0 (USDT0) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,506.24
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997520
  • worldcoin-wldWorldcoin (WLD) $ 0.916325
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.35
  • arbitrumArbitrum (ARB) $ 0.297341
  • usdtbUSDtb (USDTB) $ 0.999590
  • algorandAlgorand (ALGO) $ 0.166714
  • kucoin-sharesKuCoin (KCS) $ 11.04
  • binance-staked-solBinance Staked SOL (BNSOL) $ 152.98
  • nexoNEXO (NEXO) $ 1.21
  • flare-networksFlare (FLR) $ 0.017581
  • spx6900SPX6900 (SPX) $ 1.27
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,852.85
  • jupiter-exchange-solanaJupiter (JUP) $ 0.394929
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,624.47
  • sei-networkSei (SEI) $ 0.202656
  • injective-protocolInjective (INJ) $ 11.19
  • celestiaCelestia (TIA) $ 1.61
  • bonkBonk (BONK) $ 0.000014
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.64
  • kaiaKaia (KAIA) $ 0.181070
  • fartcoinFartcoin (FARTCOIN) $ 1.02
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999937
  • sonic-3Sonic (S) $ 0.314478
  • optimismOptimism (OP) $ 0.562853
  • blockstackStacks (STX) $ 0.622517
  • newton-projectAB (AB) $ 0.014864
  • paypal-usdPayPal USD (PYUSD) $ 0.999522
  • xdce-crowd-saleXDC Network (XDC) $ 0.058065
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,677.49
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,628.44
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 104,304.00
  • story-2Story (IP) $ 3.02
  • wbnbWrapped BNB (WBNB) $ 642.41
  • pax-goldPAX Gold (PAXG) $ 3,375.03
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,300.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,634.24
  • tether-goldTether Gold (XAUT) $ 3,361.36
  • clbtcclBTC (CLBTC) $ 105,916.00
  • the-graphThe Graph (GRT) $ 0.082826
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • vaultaVaulta (A) $ 0.502453
  • curve-dao-tokenCurve DAO (CRV) $ 0.572720
  • dogwifcoindogwifhat (WIF) $ 0.780491
  • jito-governance-tokenJito (JTO) $ 2.22
  • immutable-xImmutable (IMX) $ 0.401907
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 161.66
  • ousgOUSG (OUSG) $ 111.48
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,706.22
  • msolMarinade Staked SOL (MSOL) $ 188.37
  • aerodrome-financeAerodrome Finance (AERO) $ 0.840826
  • flokiFLOKI (FLOKI) $ 0.000073
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.19
  • lido-daoLido DAO (LDO) $ 0.761498
  • theta-tokenTheta Network (THETA) $ 0.671446
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998862
  • zcashZcash (ZEC) $ 41.14
  • ethereum-name-serviceEthereum Name Service (ENS) $ 19.44
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • galaGALA (GALA) $ 0.014044
  • bitcoin-svBitcoin SV (BSV) $ 31.71
  • pendlePendle (PENDLE) $ 3.83
  • iotaIOTA (IOTA) $ 0.161977
  • the-sandboxThe Sandbox (SAND) $ 0.251762
  • usual-usdUsual USD (USD0) $ 0.997774
  • bittorrentBitTorrent (BTT) $ 0.00000060
  • jasmycoinJasmyCoin (JASMY) $ 0.012237
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 104,098.00
  • walrus-2Walrus (WAL) $ 0.429376
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009183
  • falcon-financeFalcon USD (USDF) $ 0.999711
  • raydiumRaydium (RAY) $ 2.10
  • tezosTezos (XTZ) $ 0.527644
  • super-oethSuper OETH (SUPEROETH) $ 2,504.47
  • pyth-networkPyth Network (PYTH) $ 0.095973
  • coredaoorgCore (CORE) $ 0.545683
  • tbtctBTC (TBTC) $ 103,804.00
  • flowFlow (FLOW) $ 0.341101
  • saros-financeSaros (SAROS) $ 0.206384
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,505.89
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,628.69
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,676.32
  • wrapped-hypeWrapped HYPE (WHYPE) $ 35.57
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 104,370.00
  • syrupMaple Finance (SYRUP) $ 0.467640
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,506.28
  • apecoinApeCoin (APE) $ 0.620249
  • true-usdTrueUSD (TUSD) $ 0.998007
  • thorchainTHORChain (RUNE) $ 1.39
  • dexeDeXe (DEXE) $ 8.44
  • decentralandDecentraland (MANA) $ 0.250967
  • heliumHelium (HNT) $ 2.48
  • compound-governance-tokenCompound (COMP) $ 50.12
  • chain-2Onyxcoin (XCN) $ 0.013385
  • kavaKava (KAVA) $ 0.404898
  • beldexBeldex (BDX) $ 0.060831
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999778
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.167735
  • staked-hypeStaked HYPE (STHYPE) $ 35.51
  • usddUSDD (USDD) $ 0.999939
  • ripple-usdRipple USD (RLUSD) $ 0.999887
  • based-brettBrett (BRETT) $ 0.041756
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 37.43
  • apenftAPENFT (NFT) $ 0.00000042
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,504.17
  • usdbUSDB (USDB) $ 0.999353
  • dydx-chaindYdX (DYDX) $ 0.500939
  • neoNEO (NEO) $ 5.51
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998807
  • morphoMorpho (MORPHO) $ 1.25
  • elrond-erd-2MultiversX (EGLD) $ 13.60
  • stader-ethxStader ETHx (ETHX) $ 2,662.58
  • ecasheCash (XEC) $ 0.000019
  • ketKet (KET) $ 0.378405
  • grassGrass (GRASS) $ 1.31
  • aioz-networkAIOZ Network (AIOZ) $ 0.316894
  • telcoinTelcoin (TEL) $ 0.004060
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006372
  • starknetStarknet (STRK) $ 0.109754
  • conflux-tokenConflux (CFX) $ 0.072067
  • ether-fiEther.fi (ETHFI) $ 0.977886
  • eosEOS (EOS) $ 0.504304
  • axie-infinityAxie Infinity (AXS) $ 2.23
  • eigenlayerEigenlayer (EIGEN) $ 1.17
  • axelarAxelar (AXL) $ 0.367382
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,761.86
  • zebec-networkZebec Network (ZBCN) $ 0.004006
  • arweaveArweave (AR) $ 5.26
  • kaitoKAITO (KAITO) $ 1.40
  • venomVenom (VENOM) $ 0.162735
DeFi

What happened to WBTC on TRON?

By admin
0 2

What happened to WBTC on TRON?

On August 9 last year, a press release announced that Justin Sun and BiT Global were getting involved with Wrapped Bitcoin (WBTC).

It claimed that this new direction would include “the Tron ecosystem, which is the leading blockchain that presently hosts the largest circulating supply of USDT stablecoins in the world.”

When this announcement was made, Wrapped Bitcoin already had a WBTC on TRON product that had launched in 2021. However, it was rarely used, with approximately 100 bitcoins (BTC) used in this way.

After the announcement and with Sun’s involvement, Wrapped Bitcoin made the decision to remove the WBTC on TRON dashboard from its website, eliminating disclosure about approved partners and, more importantly, where the BTC backing the product was stored.

More recently, TRONSCAN no longer displays the WBTC on TRON with the analytics that it used to display.

Reviewing the smart contract for WBTC on TRON shows that the most recent transfer for the token was over two months ago on April 15, showing that it’s still not commonly used.

Additionally, querying the contract using TRONSCAN still shows approximately 100 BTC for this project.

BitGo, BiT Global, Wrapped Bitcoin, and Sun haven’t announced any specific change to this product, but the changes on TRONSCAN and Wrapped Bitcoin’s website suggest that it’s being deemphasized.

The lack of transparency that the project has now puts it more in line with Sun’s other wrapped BTC product offered by his exchange Poloniex. This also doesn’t disclose where the BTC backing the product is stored.

Protos reached out to BitGo, BiT Global, and Wrapped Bitcoin for clarity on some of these issues related to WBTC on TRON, but they didn’t immediately respond.

Source

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