Convert Wrapped Bitcoin WBTC to Treehouse ETH TETH
WBTC to TETH: 1 Wrapped Bitcoin converts to 27.61 TETH
About WBTC and TETH
Wrapped Bitcoin is climbing, while Treehouse ETH is falling this week. The current WBTC to TETH conversion rate is 27.61. Inversely, this means that if you convert 1 TETH you will get 0.03622 WBTC. The conversion rate of WBTC/TETH has increased by 0.15% in the last hour (TETH/WBTC decreased by 0.15%). In the last 24 hours, WBTC/TETH grew by 0.3%, while TETH/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 27.61 TETH. In other words, to buy 5 Wrapped Bitcoin, it would cost you 138.05 TETH. Inversely, 1 TETH would allow you to trade for 0.03622 WBTC while 50 TETH would convert to 1.81 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.51%. Meanwhile, in the last 24 hours, the rate has changed by 0.29%, and that the highest exchange rate of 1 WBTC to TETH was 27.68 TETH and the lowest 24 hour value was 1 WBTC for 27.51 TETH. Last month, 1 WBTC was worth 29.88 TETH. Today, it's down 8.22%. Looking back a year, Wrapped Bitcoin has changed by 25.93 TETH. That means that in a single year, the value of Wrapped Bitcoin has grown by 6.08%.
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 2:46 pm
0.5 WBTC = 13.80 TETH |
1 WBTC = 27.61 TETH |
5 WBTC = 138.05 TETH |
10 WBTC = 276.10 TETH |
50 WBTC = 1,380.50 TETH |
100 WBTC = 2,761.00 TETH |
500 WBTC = 13,804.99 TETH |
1,000 WBTC = 27,609.99 TETH |
TETH to WBTC values from Today at 2:46 pm
0.5 TETH = 0.01811 WBTC |
1 TETH = 0.03622 WBTC |
5 TETH = 0.1811 WBTC |
10 TETH = 0.3622 WBTC |
50 TETH = 1.81 WBTC |
100 TETH = 3.62 WBTC |
500 TETH = 18.11 WBTC |
1,000 TETH = 36.22 WBTC |
WBTC to TETH over time
WBTC | Today | 24H 0.29% | 1M -8.22% | 1Y 6.08% |
|---|---|---|---|---|
0.5 WBTC | 13.80 TETH | 13.77 TETH | 14.94 TETH | 12.97 TETH |
1 WBTC | 27.61 TETH | 27.53 TETH | 29.88 TETH | 25.93 TETH |
5 WBTC | 138.05 TETH | 137.65 TETH | 149.40 TETH | 129.66 TETH |
10 WBTC | 276.10 TETH | 275.31 TETH | 298.81 TETH | 259.32 TETH |
50 WBTC | 1,380.50 TETH | 1,376.55 TETH | 1,494.04 TETH | 1,296.58 TETH |
100 WBTC | 2,761.00 TETH | 2,753.10 TETH | 2,988.09 TETH | 2,593.16 TETH |
500 WBTC | 13,804.99 TETH | 13,765.49 TETH | 14,940.43 TETH | 12,965.79 TETH |
1,000 WBTC | 27,609.99 TETH | 27,530.99 TETH | 29,880.86 TETH | 25,931.58 TETH |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about CA$90,439.53.
Based on the current rate, you could get 0.00001106 WBTC for 1 CAD.
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 increased. Since this time last year, the price of Wrapped Bitcoin has decreased.
You can use our WBTC to CAD calculator at the top of this page to convert any amount of WBTC to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 0.00005529 WBTC. Inversely, 5 WBTC will cost about CA$452,197.63
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
Popular prediction markets
Popular price predictions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency 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.