The number of bitcoins in the WBTC DeFi protocol fell by 44%

In 2021, WBTC’s DeFi protocol accumulated bitcoins totaling $6.2 billion.
The Wrapped BTC project was rolled out in January 2019. Traders use it to tokenize bitcoin on the etherium network.
WBTC is created as a token of the ERC-20 standard. It can be used for transactions on the DeFi decentralized financing market.

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