Convert Wrapped Bitcoin WBTC to Penguin Finance PEFI
WBTC to PEFI: 1 Wrapped Bitcoin converts to 43,105,195.14 PEFI
About WBTC and PEFI
Wrapped Bitcoin is climbing, while Penguin Finance is falling this week. The current WBTC to PEFI conversion rate is 43,105,195.14. Inversely, this means that if you convert 1 PEFI you will get 0.0000000232 WBTC. The conversion rate of WBTC/PEFI has decreased by 0.04% in the last hour (PEFI/WBTC increased by 0.04%). In the last 24 hours, WBTC/PEFI grew by 0.52%, while PEFI/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 43,105,195.14 PEFI. In other words, to buy 5 Wrapped Bitcoin, it would cost you 215,525,975.69 PEFI. Inversely, 1 PEFI would allow you to trade for 0.0000000232 WBTC while 50 PEFI would convert to 0.00000116 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.73%. Meanwhile, in the last 24 hours, the rate has changed by 0.48%, which means that the highest exchange rate of 1 WBTC to PEFI was 43,564,269.47 PEFI and the lowest 24 hour value was 1 WBTC for 42,858,037.34 PEFI. Last month, 1 WBTC was worth 41,739,901.54 PEFI. Today, it's up 3.17%. Looking back a year, Wrapped Bitcoin has changed by 20,149,008.34 PEFI. That means that in a single year, the value of Wrapped Bitcoin has grown by 53.26%.
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.
Penguin Finance Market Stats
Penguin Finance is a yield farming and staking DeFi application built on the Avalanche Network. Our Igloos (Yield Farms) allow you to stake your Pangolin liquidity provider (LP) tokens within the PeFi ecosystem in order to receive a percentage of all $PEFI rewards that are distributed by the network. The PenguinToken ($PEFI) is the lifeblood of the Penguin Finance Ecosystem. Penguins are able to stake their tokens to receive both staking rewards and fees that are collected by applications within the Penguin Finance Ecosystem. Rather than being purely speculative, PEFI's value is derived from the fees that are collected from the protocol's users and its utility within PeFi, as well as burning mechanisms. PEFI tokens will have a wide arrange of applications ranging from their use in custom yield farming strategies, our upcoming ultra low-fee Prediction Markets, NFTs, and the famed Penguin Arena.
Conversion tables
WBTC to PEFI values from Today at 4:35 am
0.5 WBTC = 21,552,597.57 PEFI |
1 WBTC = 43,105,195.14 PEFI |
5 WBTC = 215,525,975.69 PEFI |
10 WBTC = 431,051,951.39 PEFI |
50 WBTC = 2,155,259,756.93 PEFI |
100 WBTC = 4,310,519,513.86 PEFI |
500 WBTC = 21,552,597,569.31 PEFI |
1,000 WBTC = 43,105,195,138.63 PEFI |
PEFI to WBTC values from Today at 4:34 am
0.5 PEFI = 0.0000000116 WBTC |
1 PEFI = 0.0000000232 WBTC |
5 PEFI = 0.000000116 WBTC |
10 PEFI = 0.000000232 WBTC |
50 PEFI = 0.00000116 WBTC |
100 PEFI = 0.00000232 WBTC |
500 PEFI = 0.0000116 WBTC |
1,000 PEFI = 0.0000232 WBTC |
WBTC to PEFI over time
WBTC | Today | 24H 0.48% | 1M 3.17% | 1Y 53.26% |
|---|---|---|---|---|
0.5 WBTC | 21,552,597.57 PEFI | 21,450,031.05 PEFI | 20,869,950.77 PEFI | 10,074,504.17 PEFI |
1 WBTC | 43,105,195.14 PEFI | 42,900,062.10 PEFI | 41,739,901.54 PEFI | 20,149,008.34 PEFI |
5 WBTC | 215,525,975.69 PEFI | 214,500,310.50 PEFI | 208,699,507.71 PEFI | 100,745,041.70 PEFI |
10 WBTC | 431,051,951.39 PEFI | 429,000,621.01 PEFI | 417,399,015.41 PEFI | 201,490,083.40 PEFI |
50 WBTC | 2,155,259,756.93 PEFI | 2,145,003,105.04 PEFI | 2,086,995,077.05 PEFI | 1,007,450,416.98 PEFI |
100 WBTC | 4,310,519,513.86 PEFI | 4,290,006,210.07 PEFI | 4,173,990,154.11 PEFI | 2,014,900,833.95 PEFI |
500 WBTC | 21,552,597,569.31 PEFI | 21,450,031,050.37 PEFI | 20,869,950,770.53 PEFI | 10,074,504,169.77 PEFI |
1,000 WBTC | 43,105,195,138.63 PEFI | 42,900,062,100.75 PEFI | 41,739,901,541.05 PEFI | 20,149,008,339.54 PEFI |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $63,339.59.
Based on the current rate, you could get 0.00001579 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 0.00007894 WBTC. Inversely, 5 WBTC will cost about $316,697.94
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.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.