CDCBTC

Crypto.com Wrapped BTC

CronosWrapped assets

No market data yet — this coin has not been through a refresh pass. The room below works regardless.

cronos 0x2e53c5586e12a99d4cae366e9fc5c14fe9c6495d

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Crypto.com Wrapped BTC (CDCBTC) is a wrapped-tokens on Cronos. 173 are in circulation, with no maximum. The project publishes its website, whitepaper and explorer.

What is CDCBTC?

Crypto.com Wrapped BTC (CDCBTC) is a token backed 1:1 by native BTC in Crypto.com’s custody, with the underlying BTC held in Crypto.com’s cold storage. CDCBTC allows bitcoin holders to access decentralised finance (DeFi) applications on chain. Eligible Crypto.com users can obtain CDCBTC by withdrawing their native BTC from the platform to a supported non-BTC chain and swap CDCBTC for native BTC by depositing CDCBTC into their Crypto.com wallet.

The Case for CDCBTC

Bitcoin’s DeFi utilities on its native chain are limited because of a lack of smart contract functionality and compatibility with other chains. Several wrapped BTC products have been created to address this problem, but many fail to sufficiently mitigate counterparty and security risks.

CDCBTC aims to enable token holders to unlock BTC’s DeFi capabilities across multiple chains: on-chain trading, collateralised borrowing, yield farming, restaking, and more.

Crypto.com Wrapped BTC's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
173
Total supply
173
Max supply
No cap

Supply as of 18d ago

Official links

We have not checked these links yet.