The current real-time price of UBTC is $84,647. In the past 24 hours, UBTC has traded between $84,254 and $89,421, showing strong market activity. The all-time high of UBTC is $153.012K, and the all-time low is $1,313.12.
From a short-term perspective, the price change of UBTC over the past 1 hour is , over the past 24 hours is +0.56%, and over the past 7 days is -4.73%. These figures provide a quick overview of the latest price trends and market dynamics of UBTC on LBank.-4.18%
The live price of UBTC today is $84,647, with a current market cap of $58,334.26. The 24-hour trading volume is 22.68. The price of UBTC to USD is updated in real time.
Before deciding whether to buy or sell UBTC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s UBTC 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 UBTC.
How much will UBTC be worth tomorrow, next week, or next month in ? What about your UBTC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! UBTC Price Prediction
To learn more about UBTC, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
base | 0xb73c...20847a  | 0 | 0% |
base | 0x68d1...4d39d6 | 0 | 0% |
base | 0x03d0...f9da99 | 0 | 0% |
base | 0x5d3d...4ffa58 | 0 | 0% |
base | 0x9ed7...6bdc79 | 0 | 0% |
Other | 0 | 100% |
Wrapped Bitcoin (Universal) is a tokenized version of Bitcoin (BTC) issued as an ERC-20 token. It is specifically designed to facilitate interoperability, allowing users to utilize their Bitcoin holdings within decentralized finance (DeFi) ecosystems on various blockchain networks. By bridging Bitcoin into this format, users can access the functionality of Ethereum-compatible layers while maintaining their exposure to Bitcoin.
uBTC maintains a 1:1 backing ratio with Bitcoin. For every uBTC token in circulation, an equivalent amount of BTC is held in reserve. These underlying assets are managed by reputable, institutional-grade third-party custodians. This custodial model ensures that the token is fully collateralized, though it requires users to trust the security and transparency of the professional entities holding the physical Bitcoin.
The token serves as a bridge for Bitcoin liquidity into the DeFi space. Its primary use cases include lending, borrowing, and providing liquidity on decentralized exchanges across multiple Layer 2 networks. The "Universal" aspect of the token emphasizes seamless cross-chain movement, allowing users to interact with various decentralized applications without the high transaction costs often found on primary blockchain layers.
While traditional wrapped assets like WBTC are industry standards on the Ethereum mainnet, uBTC is specifically optimized for a cross-chain and Layer 2 experience. It focuses on providing a more efficient environment for moving assets between different scaling solutions. This makes it particularly useful for participants looking for lower fees and faster transaction speeds compared to assets primarily bound to the Ethereum mainnet.
Users should be aware of proxy contract risks, where the smart contract logic may be subject to updates by the managing entity. Additionally, the asset is often categorized as being in a development or beta phase. There is also custodial reliance, meaning the token's value is dependent on the custodian's ability to secure and redeem the underlying Bitcoin reserves. Smart contract vulnerabilities are an inherent risk in all tokenized assets.
uBTC is designed to operate across multiple Ethereum-compatible networks and Layer 2 scaling solutions. It is primarily traded on decentralized exchanges (DEXs) within these ecosystems. Because it follows the ERC-20 standard, it can be integrated into a wide range of decentralized applications that support wrapped assets on compatible blockchain layers, facilitating broad utility in cross-chain finance.
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