Total value locked in ‘Wrapped Bitcoin’ hits $1BN
coinjournal.net
Wrapped Bitcoin saw its value increase by over 900% in the space of two months
Last month, for the first time, the total value locked of all Bitcoin tokenized on the ETH network topped the one billion dollar mark. Wrapped Bitcoin’s total value also hit $100 million back in early July.
In terms of total value locked, Wrapped Bitcoin has moved to fifth place on the list of largest DeFi protocols. The growth of Wrapped Bitcoin’s total locked value between January and July highlights the overwhelming increase in the demand for DeFi over the past few months.
Read in Full: coinjournal.net
