WBTC expands to Hedera as Bitcoin liquidity flows into new DeFi rails

Wrapped Bitcoin's move to Hedera brings tokenized BTC and increased liquidation to the network's growing decentralized finance ecosystem.

Wrapped Bitcoin (WBTC), the largest tokenized version of Bitcoin, has expanded to the Hedera network — a move that could open the door to more decentralized finance (DeFi) options for BTC holders.

The integration, announced Thursday, brings additional liquidity to Hedera, which already supports smart contracts and native tokenization and markets itself as a low-fee network with no frontrunning or miner-extractable value (MEV). 

Frontrunning and MEV are tactics where validators reorder transactions to profit at users’ expense — a problem Hedera’s consensus mechanism is designed to avoid.

Read more