Convert Wrapped Bitcoin WBTC to Treehouse ETH TETH
WBTC to TETH: 1 Wrapped Bitcoin converts to 30.41 TETH
About WBTC and TETH
Wrapped Bitcoin is falling, while Treehouse ETH is climbing this week. The current WBTC to TETH conversion rate is 30.41. Inversely, this means that if you convert 1 TETH you will get 0.03289 WBTC. The conversion rate of WBTC/TETH has increased by 0.06% in the last hour (TETH/WBTC decreased by 0.06%). In the last 24 hours, WBTC/TETH shrunk by 3.11%, while TETH/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 30.41 TETH. In other words, to buy 5 Wrapped Bitcoin, it would cost you 152.03 TETH. Inversely, 1 TETH would allow you to trade for 0.03289 WBTC while 50 TETH would convert to 1.64 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.07%. Meanwhile, in the last 24 hours, the rate has changed by 0.83%, which means that the highest exchange rate of 1 WBTC to TETH was 30.91 TETH and the lowest 24 hour value was 1 WBTC for 30.20 TETH. Last month, 1 WBTC was worth 27.93 TETH. Today, it's up 8.15%. Looking back a year, Wrapped Bitcoin has changed by 34.05 TETH. That means that in a single year, the value of Wrapped Bitcoin has shrank by 11.97%.
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.
Treehouse ETH Market Stats
tETH is a liquid staking token (LST) that converges the fragmented on-chain ETH interest rates market. Holders of tETH earn real yield in excess of Ethereum’s Proof-of-Stake (PoS) rewards through interest rate arbitrage while still being able to use tETH for DeFi activities. tETH is also foundational to supporting the eventual implementation of Treehouse’s Decentralized Offered Rates (DOR) consensus mechanism as well as the Treehouse Actively Validated Service (AVS).
Conversion tables
WBTC to TETH values from Today at 5:25 pm
0.5 WBTC = 15.20 TETH |
1 WBTC = 30.41 TETH |
5 WBTC = 152.03 TETH |
10 WBTC = 304.06 TETH |
50 WBTC = 1,520.31 TETH |
100 WBTC = 3,040.62 TETH |
500 WBTC = 15,203.11 TETH |
1,000 WBTC = 30,406.22 TETH |
TETH to WBTC values from Today at 5:26 pm
0.5 TETH = 0.01644 WBTC |
1 TETH = 0.03289 WBTC |
5 TETH = 0.1644 WBTC |
10 TETH = 0.3289 WBTC |
50 TETH = 1.64 WBTC |
100 TETH = 3.29 WBTC |
500 TETH = 16.44 WBTC |
1,000 TETH = 32.89 WBTC |
WBTC to TETH over time
WBTC | Today | 24H -0.83% | 1M 8.15% | 1Y -11.97% |
|---|---|---|---|---|
0.5 WBTC | 15.20 TETH | 15.33 TETH | 13.96 TETH | 17.02 TETH |
1 WBTC | 30.41 TETH | 30.66 TETH | 27.93 TETH | 34.05 TETH |
5 WBTC | 152.03 TETH | 153.29 TETH | 139.64 TETH | 170.23 TETH |
10 WBTC | 304.06 TETH | 306.57 TETH | 279.28 TETH | 340.47 TETH |
50 WBTC | 1,520.31 TETH | 1,532.86 TETH | 1,396.41 TETH | 1,702.33 TETH |
100 WBTC | 3,040.62 TETH | 3,065.71 TETH | 2,792.82 TETH | 3,404.67 TETH |
500 WBTC | 15,203.11 TETH | 15,328.55 TETH | 13,964.08 TETH | 17,023.34 TETH |
1,000 WBTC | 30,406.22 TETH | 30,657.10 TETH | 27,928.17 TETH | 34,046.68 TETH |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $63,404.07.
Based on the current rate, you could get 0.00001577 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 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 0.00007886 WBTC. Inversely, 5 WBTC will cost about $317,020.33
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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