Convert Wrapped Bitcoin WBTC to Derive DRV
1 WBTC converts to 653,181.78 DRV
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About WBTC and DRV
Wrapped Bitcoin is climbing, while Derive is falling this week. The current WBTC to DRV conversion rate is 653,181.78. Inversely, this means that if you convert 1 DRV you will get 0.000001531 WBTC. The conversion rate of WBTC/DRV has increased by 0.67% in the last hour (DRV/WBTC decreased by 0.67%). In the last 24 hours, WBTC/DRV grew by 5.59%, while DRV/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 653,181.78 DRV. In other words, to buy 5 Wrapped Bitcoin, it would cost you 3,265,908.91 DRV. Inversely, 1 DRV would allow you to trade for 0.000001531 WBTC while 50 DRV would convert to 0.00007655 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.82%. Meanwhile, in the last 24 hours, the rate has changed by 4.92%, which means that the highest exchange rate of 1 WBTC to DRV was 671,634.43 DRV and the lowest 24 hour value was 1 WBTC for 606,081.46 DRV. Last month, 1 WBTC was worth 998,601.89 DRV. Today, it's down 52.88%. Looking back a year, Wrapped Bitcoin has changed by 3,312,398.89 DRV. That means that in a single year, the value of Wrapped Bitcoin has shrank by 407.12%.
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.
Derive Market Stats
Derive ($DRV) powers the Derive ecosystem, an onchain derivatives protocol for options, perpetuals, and structured products. DRV is used to coordinate governance, liquidity incentives, and ecosystem growth. Derive enables traders, market makers, and builders to create and access advanced financial products onchain - from yield strategies and hedging tools to leveraged speculation across digital assets.
Conversion tables
WBTC to DRV values from Today at 2:41 pm
0.5 WBTC = 326,590.89 DRV |
1 WBTC = 653,181.78 DRV |
5 WBTC = 3,265,908.91 DRV |
10 WBTC = 6,531,817.82 DRV |
50 WBTC = 32,659,089.10 DRV |
100 WBTC = 65,318,178.20 DRV |
500 WBTC = 326,590,890.99 DRV |
1,000 WBTC = 653,181,781.98 DRV |
DRV to WBTC values from Today at 2:43 pm
0.5 DRV = 0.0000007655 WBTC |
1 DRV = 0.000001531 WBTC |
5 DRV = 0.000007655 WBTC |
10 DRV = 0.00001531 WBTC |
50 DRV = 0.00007655 WBTC |
100 DRV = 0.0001531 WBTC |
500 DRV = 0.0007655 WBTC |
1,000 DRV = 0.001531 WBTC |
WBTC to DRV over time
WBTC | Today | 24H 4.92% | 1M -52.88% | 1Y -407.12% |
|---|---|---|---|---|
0.5 WBTC | 326,590.89 DRV | 310,519.27 DRV | 499,300.94 DRV | 1,656,199.44 DRV |
1 WBTC | 653,181.78 DRV | 621,038.54 DRV | 998,601.89 DRV | 3,312,398.89 DRV |
5 WBTC | 3,265,908.91 DRV | 3,105,192.69 DRV | 4,993,009.45 DRV | 16,561,994.44 DRV |
10 WBTC | 6,531,817.82 DRV | 6,210,385.39 DRV | 9,986,018.89 DRV | 33,123,988.89 DRV |
50 WBTC | 32,659,089.10 DRV | 31,051,926.94 DRV | 49,930,094.45 DRV | 165,619,944.44 DRV |
100 WBTC | 65,318,178.20 DRV | 62,103,853.88 DRV | 99,860,188.90 DRV | 331,239,888.89 DRV |
500 WBTC | 326,590,890.99 DRV | 310,519,269.41 DRV | 499,300,944.51 DRV | 1,656,199,444.44 DRV |
1,000 WBTC | 653,181,781.98 DRV | 621,038,538.82 DRV | 998,601,889.02 DRV | 3,312,398,888.88 DRV |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $64,991.59.
Based on the current rate, you could get 0.00001539 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 0.00007693 WBTC. Inversely, 5 WBTC will cost about $324,957.94
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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