Convert Wrapped Bitcoin WBTC to UMA UMA
WBTC to UMA: 1 Wrapped Bitcoin converts to 160,208.39 UMA
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About WBTC and UMA
Wrapped Bitcoin is climbing, while UMA is falling this week. The current WBTC to UMA conversion rate is 160,208.39. Inversely, this means that if you convert 1 UMA you will get 0.000006242 WBTC. The conversion rate of WBTC/UMA has increased by 0.04% in the last hour (UMA/WBTC decreased by 0.04%). In the last 24 hours, WBTC/UMA grew by 1.03%, while UMA/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 160,208.39 UMA. In other words, to buy 5 Wrapped Bitcoin, it would cost you 801,041.94 UMA. Inversely, 1 UMA would allow you to trade for 0.000006242 WBTC while 50 UMA would convert to 0.0003121 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.1%. Meanwhile, in the last 24 hours, the rate has changed by 0.97%, and that the highest exchange rate of 1 WBTC to UMA was 161,422.97 UMA and the lowest 24 hour value was 1 WBTC for 158,054.53 UMA. Last month, 1 WBTC was worth 162,218.82 UMA. Today, it's down 1.25%. Looking back a year, Wrapped Bitcoin has changed by 88,480.54 UMA. That means that in a single year, the value of Wrapped Bitcoin has grown by 44.77%.
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.
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
Conversion tables
WBTC to UMA values from Today at 11:26 am
0.5 WBTC = 80,104.19 UMA |
1 WBTC = 160,208.39 UMA |
5 WBTC = 801,041.94 UMA |
10 WBTC = 1,602,083.88 UMA |
50 WBTC = 8,010,419.40 UMA |
100 WBTC = 16,020,838.79 UMA |
500 WBTC = 80,104,193.97 UMA |
1,000 WBTC = 160,208,387.94 UMA |
UMA to WBTC values from Today at 11:28 am
0.5 UMA = 0.000003121 WBTC |
1 UMA = 0.000006242 WBTC |
5 UMA = 0.00003121 WBTC |
10 UMA = 0.00006242 WBTC |
50 UMA = 0.0003121 WBTC |
100 UMA = 0.0006242 WBTC |
500 UMA = 0.003121 WBTC |
1,000 UMA = 0.006242 WBTC |
WBTC to UMA over time
WBTC | Today | 24H 0.97% | 1M -1.25% | 1Y 44.77% |
|---|---|---|---|---|
0.5 WBTC | 80,104.19 UMA | 79,323.93 UMA | 81,109.41 UMA | 44,240.27 UMA |
1 WBTC | 160,208.39 UMA | 158,647.87 UMA | 162,218.82 UMA | 88,480.54 UMA |
5 WBTC | 801,041.94 UMA | 793,239.34 UMA | 811,094.08 UMA | 442,402.72 UMA |
10 WBTC | 1,602,083.88 UMA | 1,586,478.69 UMA | 1,622,188.17 UMA | 884,805.44 UMA |
50 WBTC | 8,010,419.40 UMA | 7,932,393.44 UMA | 8,110,940.83 UMA | 4,424,027.20 UMA |
100 WBTC | 16,020,838.79 UMA | 15,864,786.88 UMA | 16,221,881.66 UMA | 8,848,054.40 UMA |
500 WBTC | 80,104,193.97 UMA | 79,323,934.40 UMA | 81,109,408.29 UMA | 44,240,271.98 UMA |
1,000 WBTC | 160,208,387.94 UMA | 158,647,868.81 UMA | 162,218,816.57 UMA | 88,480,543.95 UMA |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $64,403.77.
Based on the current rate, you could get 0.00001553 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 0.00007764 WBTC. Inversely, 5 WBTC will cost about $322,018.86
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.