Convert Wrapped Bitcoin WBTC to Inverse Finance INV
WBTC to INV: 1 Wrapped Bitcoin converts to 6,031.76 INV
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About WBTC and INV
Wrapped Bitcoin is falling, while Inverse Finance is climbing this week. The current WBTC to INV conversion rate is 6,031.76. Inversely, this means that if you convert 1 INV you will get 0.0001658 WBTC. The conversion rate of WBTC/INV has increased by 0.23% in the last hour (INV/WBTC decreased by 0.23%). In the last 24 hours, WBTC/INV shrunk by 0.87%, while INV/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 6,031.76 INV. In other words, to buy 5 Wrapped Bitcoin, it would cost you 30,158.79 INV. Inversely, 1 INV would allow you to trade for 0.0001658 WBTC while 50 INV would convert to 0.008289 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.28%. Meanwhile, in the last 24 hours, the rate has changed by 0.82%, which means that the highest exchange rate of 1 WBTC to INV was 6,090.56 INV and the lowest 24 hour value was 1 WBTC for 5,901.45 INV. Last month, 1 WBTC was worth 6,245.40 INV. Today, it's down 3.54%. Looking back a year, Wrapped Bitcoin has changed by 3,893.55 INV. That means that in a single year, the value of Wrapped Bitcoin has grown by 35.45%.
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.
Inverse Finance Market Stats
INV is an Ethereum token that powers Inverse Finance, a decentralized platform for lending, borrowing, and creating synthetic assets. INV is used to govern Inverse Finance products and can be used to vote for future upgrades.
Conversion tables
WBTC to INV values from Today at 8:44 pm
0.5 WBTC = 3,015.88 INV |
1 WBTC = 6,031.76 INV |
5 WBTC = 30,158.79 INV |
10 WBTC = 60,317.59 INV |
50 WBTC = 301,587.94 INV |
100 WBTC = 603,175.89 INV |
500 WBTC = 3,015,879.44 INV |
1,000 WBTC = 6,031,758.88 INV |
INV to WBTC values from Today at 8:46 pm
0.5 INV = 0.00008289 WBTC |
1 INV = 0.0001658 WBTC |
5 INV = 0.0008289 WBTC |
10 INV = 0.001658 WBTC |
50 INV = 0.008289 WBTC |
100 INV = 0.01658 WBTC |
500 INV = 0.08289 WBTC |
1,000 INV = 0.1658 WBTC |
WBTC to INV over time
WBTC | Today | 24H -0.82% | 1M -3.54% | 1Y 35.45% |
|---|---|---|---|---|
0.5 WBTC | 3,015.88 INV | 3,040.54 INV | 3,122.70 INV | 1,946.78 INV |
1 WBTC | 6,031.76 INV | 6,081.08 INV | 6,245.40 INV | 3,893.55 INV |
5 WBTC | 30,158.79 INV | 30,405.40 INV | 31,227.01 INV | 19,467.76 INV |
10 WBTC | 60,317.59 INV | 60,810.79 INV | 62,454.02 INV | 38,935.52 INV |
50 WBTC | 301,587.94 INV | 304,053.95 INV | 312,270.11 INV | 194,677.58 INV |
100 WBTC | 603,175.89 INV | 608,107.90 INV | 624,540.21 INV | 389,355.15 INV |
500 WBTC | 3,015,879.44 INV | 3,040,539.51 INV | 3,122,701.07 INV | 1,946,775.77 INV |
1,000 WBTC | 6,031,758.88 INV | 6,081,079.02 INV | 6,245,402.15 INV | 3,893,551.53 INV |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $62,157.28.
Based on the current rate, you could get 0.00001609 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 0.00008044 WBTC. Inversely, 5 WBTC will cost about $310,786.38
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.