Convert Wrapped Bitcoin WBTC to Pendle PENDLE
WBTC to PENDLE: 1 Wrapped Bitcoin converts to 34,885.57 PENDLE
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About WBTC and PENDLE
Wrapped Bitcoin is falling, while Pendle is climbing this week. The current WBTC to PENDLE conversion rate is 34,885.57. Inversely, this means that if you convert 1 PENDLE you will get 0.00002867 WBTC. The conversion rate of WBTC/PENDLE has increased by 0.07% in the last hour (PENDLE/WBTC decreased by 0.07%). In the last 24 hours, WBTC/PENDLE shrunk by 2.19%, while PENDLE/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 34,885.57 PENDLE. In other words, to buy 5 Wrapped Bitcoin, it would cost you 174,427.85 PENDLE. Inversely, 1 PENDLE would allow you to trade for 0.00002867 WBTC while 50 PENDLE would convert to 0.001433 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 9.39%. Meanwhile, in the last 24 hours, the rate has changed by 2.3%, which means that the highest exchange rate of 1 WBTC to PENDLE was 35,689.66 PENDLE and the lowest 24 hour value was 1 WBTC for 33,981.21 PENDLE. Last month, 1 WBTC was worth 41,158.76 PENDLE. Today, it's down 17.98%. Looking back a year, Wrapped Bitcoin has changed by 26,778.25 PENDLE. That means that in a single year, the value of Wrapped Bitcoin has grown by 23.24%.
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.
Pendle Market Stats
Pendle is a permissionless yield-trading protocol where users can execute various yield-management strategies. Pendle's governance relies on Vote-escrowed PENDLE, also known as vePENDLE, which enables a higher degree of decentralization. By utilizing vePENDLE, PENDLE holders gain access to an array of features that increase the token's utility.
Conversion tables
WBTC to PENDLE values from Today at 8:12 pm
0.5 WBTC = 17,442.79 PENDLE |
1 WBTC = 34,885.57 PENDLE |
5 WBTC = 174,427.85 PENDLE |
10 WBTC = 348,855.71 PENDLE |
50 WBTC = 1,744,278.53 PENDLE |
100 WBTC = 3,488,557.07 PENDLE |
500 WBTC = 17,442,785.34 PENDLE |
1,000 WBTC = 34,885,570.69 PENDLE |
PENDLE to WBTC values from Today at 8:12 pm
0.5 PENDLE = 0.00001433 WBTC |
1 PENDLE = 0.00002867 WBTC |
5 PENDLE = 0.0001433 WBTC |
10 PENDLE = 0.0002867 WBTC |
50 PENDLE = 0.001433 WBTC |
100 PENDLE = 0.002867 WBTC |
500 PENDLE = 0.01433 WBTC |
1,000 PENDLE = 0.02867 WBTC |
WBTC to PENDLE over time
WBTC | Today | 24H -2.30% | 1M -17.98% | 1Y 23.24% |
|---|---|---|---|---|
0.5 WBTC | 17,442.79 PENDLE | 17,844.83 PENDLE | 20,579.38 PENDLE | 13,389.13 PENDLE |
1 WBTC | 34,885.57 PENDLE | 35,689.66 PENDLE | 41,158.76 PENDLE | 26,778.25 PENDLE |
5 WBTC | 174,427.85 PENDLE | 178,448.31 PENDLE | 205,793.78 PENDLE | 133,891.26 PENDLE |
10 WBTC | 348,855.71 PENDLE | 356,896.62 PENDLE | 411,587.57 PENDLE | 267,782.52 PENDLE |
50 WBTC | 1,744,278.53 PENDLE | 1,784,483.09 PENDLE | 2,057,937.85 PENDLE | 1,338,912.58 PENDLE |
100 WBTC | 3,488,557.07 PENDLE | 3,568,966.17 PENDLE | 4,115,875.69 PENDLE | 2,677,825.17 PENDLE |
500 WBTC | 17,442,785.34 PENDLE | 17,844,830.87 PENDLE | 20,579,378.47 PENDLE | 13,389,125.84 PENDLE |
1,000 WBTC | 34,885,570.69 PENDLE | 35,689,661.74 PENDLE | 41,158,756.93 PENDLE | 26,778,251.68 PENDLE |
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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.