Convert Wrapped Bitcoin WBTC to Composite CMST
1 WBTC converts to 1,165,578.24 CMST
About WBTC and CMST
Wrapped Bitcoin is falling, while Composite is climbing this week. The current WBTC to CMST conversion rate is 1,165,578.24. Inversely, this means that if you convert 1 CMST you will get 0.0000008579 WBTC. The conversion rate of WBTC/CMST has increased by 0.01% in the last hour (CMST/WBTC decreased by 0.01%). In the last 24 hours, WBTC/CMST shrunk by 1.5%, while CMST/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 1,165,578.24 CMST. In other words, to buy 5 Wrapped Bitcoin, it would cost you 5,827,891.21 CMST. Inversely, 1 CMST would allow you to trade for 0.0000008579 WBTC while 50 CMST would convert to 0.0000429 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.96%. Meanwhile, in the last 24 hours, the rate has changed by 1.56%, and that the highest exchange rate of 1 WBTC to CMST was 1,202,079.78 CMST and the lowest 24 hour value was 1 WBTC for 1,161,473.55 CMST. Last month, 1 WBTC was worth 1,261,227.52 CMST. Today, it's down 8.21%. Looking back a year, Wrapped Bitcoin has changed by 1,060,265.63 CMST. That means that in a single year, the value of Wrapped Bitcoin has grown by 9.04%.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Composite Market Stats
COMPOSITE - CMST is a collateralized stablecoin for Interchain built on Comdex chain. Inspired mainly by the robust and reliable model built by MakerDao for $DAI stablecoin, $CMST can be minted permissionless-ly as a debt against collateralized CDPs of interchain assets. Composite can be minted on . Users can choose from a wide range of Cosmos ecosystem assets and interchain assets as collateral to mint $CMST. $CMST’s mechanism is designed to be the most reliable model for stablecoins, which is censorship-resistant, permissionless, and decentralized. Composite is a stablecoin designed to be a stable representation of purchasing power and is therefore soft pegged to $1; however, as the global macro landscape develops, that may be subject to change in the future. CMST and Harbor Protocol References Website: Mechanism Docs: Code Audit Report: Community Channels: Harbor Protocol on Twitter - Composite Money (CMST) on Twitter - Composite Money (CMST) Community Chat: Forum: Blog:
Conversion tables
WBTC to CMST values from Today at 7:07 pm
0.5 WBTC = 582,789.12 CMST |
1 WBTC = 1,165,578.24 CMST |
5 WBTC = 5,827,891.21 CMST |
10 WBTC = 11,655,782.42 CMST |
50 WBTC = 58,278,912.11 CMST |
100 WBTC = 116,557,824.22 CMST |
500 WBTC = 582,789,121.11 CMST |
1,000 WBTC = 1,165,578,242.22 CMST |
CMST to WBTC values from Today at 7:10 pm
0.5 CMST = 0.000000429 WBTC |
1 CMST = 0.0000008579 WBTC |
5 CMST = 0.00000429 WBTC |
10 CMST = 0.000008579 WBTC |
50 CMST = 0.0000429 WBTC |
100 CMST = 0.00008579 WBTC |
500 CMST = 0.000429 WBTC |
1,000 CMST = 0.0008579 WBTC |
WBTC to CMST over time
WBTC | Today | 24H -1.56% | 1M -8.21% | 1Y 9.04% |
|---|---|---|---|---|
0.5 WBTC | 582,789.12 CMST | 591,878.98 CMST | 630,613.76 CMST | 530,132.81 CMST |
1 WBTC | 1,165,578.24 CMST | 1,183,757.95 CMST | 1,261,227.52 CMST | 1,060,265.63 CMST |
5 WBTC | 5,827,891.21 CMST | 5,918,789.77 CMST | 6,306,137.60 CMST | 5,301,328.13 CMST |
10 WBTC | 11,655,782.42 CMST | 11,837,579.54 CMST | 12,612,275.21 CMST | 10,602,656.26 CMST |
50 WBTC | 58,278,912.11 CMST | 59,187,897.70 CMST | 63,061,376.04 CMST | 53,013,281.30 CMST |
100 WBTC | 116,557,824.22 CMST | 118,375,795.39 CMST | 126,122,752.09 CMST | 106,026,562.60 CMST |
500 WBTC | 582,789,121.11 CMST | 591,878,976.96 CMST | 630,613,760.44 CMST | 530,132,812.98 CMST |
1,000 WBTC | 1,165,578,242.22 CMST | 1,183,757,953.93 CMST | 1,261,227,520.87 CMST | 1,060,265,625.96 CMST |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $59,375.70.
Based on the current rate, you could get 0.00001684 WBTC for 1 USD.
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. Since last month, the exchange rate of Wrapped Bitcoin has decreased. Since this time last year, the price of Wrapped Bitcoin has decreased.
You can use our WBTC to USD calculator at the top of this page to convert any amount of WBTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.00008421 WBTC. Inversely, 5 WBTC will cost about $296,878.51
Wrapped Bitcoin is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Wrapped Bitcoin.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including Lido wstETH, Wrapped Beacon ETH, and USDS. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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