Currently, more than 41% of WBTC is used for lending, and MakerDAO is the largest acceptor
According to ai_9684xtpa monitoring, WBTC is currently supported on Ethereum/Base/Kave/Osmosis/Tron networks, with Ethereum mainnet accounting for as high as 99.8% of minting. As of today, 154,726 WBTC has been minted (worth $9.45 billion), accounting for 0.78% of Bitcoin's total market value. According to Dune panel data, over 41% of WBTC is used for lending ecosystems, with MakerDAO being the largest use case (acceptance merchant), and nearly 32% is used for direct trading.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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