Convert Wrapped Bitcoin WBTC to Drift Protocol DRIFT
WBTC to DRIFT: 1 Wrapped Bitcoin converts to 5,605,045.11 DRIFT
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About WBTC and DRIFT
Wrapped Bitcoin is climbing, while Drift Protocol is falling this week. The current WBTC to DRIFT conversion rate is 5,605,045.11. Inversely, this means that if you convert 1 DRIFT you will get 0.0000001784 WBTC. The conversion rate of WBTC/DRIFT has decreased by 0.13% in the last hour (DRIFT/WBTC increased by 0.13%). In the last 24 hours, WBTC/DRIFT grew by 0.52%, while DRIFT/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 5,605,045.11 DRIFT. In other words, to buy 5 Wrapped Bitcoin, it would cost you 28,025,225.57 DRIFT. Inversely, 1 DRIFT would allow you to trade for 0.0000001784 WBTC while 50 DRIFT would convert to 0.000008921 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11.03%. Meanwhile, in the last 24 hours, the rate has changed by 0.74%, which means that the highest exchange rate of 1 WBTC to DRIFT was 5,631,253.32 DRIFT and the lowest 24 hour value was 1 WBTC for 5,457,200.12 DRIFT. Last month, 1 WBTC was worth 3,832,168.63 DRIFT. Today, it's up 31.63%. Looking back a year, Wrapped Bitcoin has changed by 215,510.68 DRIFT. That means that in a single year, the value of Wrapped Bitcoin has grown by 96.16%.
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.
Drift Protocol Market Stats
Drift Protocol is a decentralized exchange built on Solana. Drift Protocol supports token swaps, spot margin trading, and perpetual futures trading. DRIFT is the governance token of the Drift DAO. Token holders can vote on governance proposals related to protocol development. Proposals may involve determining protocol fees, setting technical parameters, and treasury management.
Conversion tables
WBTC to DRIFT values from Today at 12:59 am
0.5 WBTC = 2,802,522.56 DRIFT |
1 WBTC = 5,605,045.11 DRIFT |
5 WBTC = 28,025,225.57 DRIFT |
10 WBTC = 56,050,451.14 DRIFT |
50 WBTC = 280,252,255.69 DRIFT |
100 WBTC = 560,504,511.38 DRIFT |
500 WBTC = 2,802,522,556.90 DRIFT |
1,000 WBTC = 5,605,045,113.79 DRIFT |
DRIFT to WBTC values from Today at 1:01 am
0.5 DRIFT = 0.00000008921 WBTC |
1 DRIFT = 0.0000001784 WBTC |
5 DRIFT = 0.0000008921 WBTC |
10 DRIFT = 0.000001784 WBTC |
50 DRIFT = 0.000008921 WBTC |
100 DRIFT = 0.00001784 WBTC |
500 DRIFT = 0.00008921 WBTC |
1,000 DRIFT = 0.0001784 WBTC |
WBTC to DRIFT over time
WBTC | Today | 24H 0.74% | 1M 31.63% | 1Y 96.16% |
|---|---|---|---|---|
0.5 WBTC | 2,802,522.56 DRIFT | 2,781,859.37 DRIFT | 1,916,084.32 DRIFT | 107,755.34 DRIFT |
1 WBTC | 5,605,045.11 DRIFT | 5,563,718.74 DRIFT | 3,832,168.63 DRIFT | 215,510.68 DRIFT |
5 WBTC | 28,025,225.57 DRIFT | 27,818,593.71 DRIFT | 19,160,843.16 DRIFT | 1,077,553.39 DRIFT |
10 WBTC | 56,050,451.14 DRIFT | 55,637,187.42 DRIFT | 38,321,686.31 DRIFT | 2,155,106.78 DRIFT |
50 WBTC | 280,252,255.69 DRIFT | 278,185,937.09 DRIFT | 191,608,431.56 DRIFT | 10,775,533.92 DRIFT |
100 WBTC | 560,504,511.38 DRIFT | 556,371,874.17 DRIFT | 383,216,863.11 DRIFT | 21,551,067.83 DRIFT |
500 WBTC | 2,802,522,556.90 DRIFT | 2,781,859,370.86 DRIFT | 1,916,084,315.56 DRIFT | 107,755,339.15 DRIFT |
1,000 WBTC | 5,605,045,113.79 DRIFT | 5,563,718,741.72 DRIFT | 3,832,168,631.12 DRIFT | 215,510,678.31 DRIFT |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $63,953.56.
Based on the current rate, you could get 0.00001564 WBTC for 1 USD.
Wrapped Bitcoin price has been on the rise. Since yesterday, the exchange rate of Wrapped Bitcoin has increased. Since last month, the exchange rate of Wrapped Bitcoin has increased. 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 0.00007818 WBTC. Inversely, 5 WBTC will cost about $319,767.82
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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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.