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The current real-time price of PWBTC is --. In the past 24 hours, PWBTC has traded between -- and --, showing strong market activity. The all-time high of PWBTC is --, and the all-time low is --.
From a short-term perspective, the price change of PWBTC over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is --. These figures provide a quick overview of the latest price trends and market dynamics of PWBTC on LBank.--
The live price of PWBTC today is --, with a current market cap of --. The 24-hour trading volume is --. The price of PWBTC to USD is updated in real time.
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Before deciding whether to buy or sell PWBTC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s PWBTC technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for PWBTC.
How much will PWBTC be worth tomorrow, next week, or next month in ? What about your PWBTC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! PWBTC Price Prediction
To learn more about PWBTC, consider exploring other resources such as the whitepaper, official website, and other published information:
'MEV Capital Pendle WBTC (pwbtc)' refers to a vault curated by MEV Capital, designed to interact with Pendle's Principal Token (PT) markets for Wrapped Bitcoin (WBTC) Liquid Staking Tokens (LSTs). Its primary purpose is to provide capital to these markets and to optimize liquidation risk management and Annual Percentage Rate (APR) for leverage loopers. Essentially, it allows for advanced yield optimization and risk management strategies within the DeFi space, specifically for BTC-backed assets on Pendle.
The Pendle Protocol enables the tokenization and trading of future yield from yield-bearing assets. It separates the principal (Principal Token or PT) from the yield (Yield Token or YT). In the context of 'pwbtc', the vault utilizes these PTs, specifically for WBTC LSTs, allowing users to manage and speculate on future yield independently.
MEV Capital is a risk management firm that specializes in optimizing investment strategies in Decentralized Finance (DeFi) under a market-neutral mandate. They curate the Pendle WBTC vault on Morpho, applying their expertise to manage risk and optimize returns within the vault's operations.
The vault deals with specific collateral assets, such as PT-LBTC-27MAR2025 and PT-corn-SolvBTC.BBN-26DEC2024, with WBTC as the borrow asset. It has defined supply caps, Loan-to-Liquidation-Value (LLTV) ratios, and uses Pendle Oracles for price feeds, which often incorporate TWAP (Time-Weighted Average Price) and exchange rates. The symbol for the vault is `pWBTC`.
In a liquidation event, the collateral (PT token) is first sold for its underlying asset via the Pendle Automated Market Maker (AMM), subject to Pendle's liquidity. Then, the underlying asset is sold for the borrowed asset through an aggregator to repay lenders. Risk parameters are set based on Pendle liquidity pools, the secondary market liquidity of the underlying asset, and other technical considerations. While complete liquidation of all collateral is considered exceptional, monitoring infrastructure is in place to adjust supply caps if liquidity significantly decreases.
The PENDLE token is the native governance and utility token of the Pendle Protocol. Its primary functions include facilitating governance, allowing token holders to vote on protocol upgrades and development. PENDLE can be staked to earn rewards and boost LP (Liquidity Provider) APR, and vePENDLE (vote-escrowed PENDLE) holders receive a share of the protocol's swap fees and can vote on how PENDLE incentives are channeled to liquidity pools.
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