About Leverage WBTC
btcUSD offers the perfectly pegged, zero-beta USD stablecoin-with-awesome-yields experience that f(x) users love, while xWBTC brings the expected leverage long BTC excitement. With the added bonus that since btcUSD kicks in at a 120% collateral ratio, xWBTC’s effective leverage ratio can get up to 5.6x leverage! The key difference with WBTC is that, since it has no built-in yield, xWBTC holders pay a competitive funding rate for the leveraged price exposure. As with all other f tokens, holding btcUSD is free, and farming with it in the stability pool is lucrative. The funding rate of xWBTC will simply track the borrowing rate of crvUSD against WBTC. Revenue is treated in the same way as any other reserve yield in f(x); it is divided evenly between the stability pool and the protocol (as revenue). WBTC flowing to the protocol is further subdivided, with 75% being paid to veFXN holders and 25% to the protocol treasury.
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Market Stats
Market Cap
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FDV
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Circ. Supply
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Max Supply
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Total Supply
31K XWBTC
Diluted Valuation
$19.55K
Performance
Popularity
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Dominance
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Volume (24H)
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Volume (7D)
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Volume (30D)
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All time high
$0.72
Price Change (1Y)
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45.55%
Additional details
Market details
XWBTC vs markets
↘ 33.33%
XWBTC vs BTC
↘ 30.04%
XWBTC vs ETH
↘ 36.68%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x9f23562ec47249761222EF7Ac02b327a8C45Ba7D |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.64 | |
1 Day | $0.68 | |
1 Week | $0.68 | |
1 Month | $1.45 | |
1 Year | $1.17 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Leverage WBTC calculator
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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