BTC Wrappers & Staked BTC
Wrapped bitcoin prices
Every wrapped BTC token trades at its own premium or discount to bitcoin, set by trust in its bridge or custodian. ML Data prices 65 pairs across 11 wrappers from on-chain liquidity, quoted against BTC itself so the gap is directly visible.
Coverage
Deep-dive example: the BTC/USD feed page shows how bitcoin's on-chain rate is priced through its wrappers, pool by pool.
Wrapped BTC FAQ
Why do wrapped bitcoin tokens need their own price?
A wrapped BTC token is only worth bitcoin if its bridge, custodian or mint mechanism holds. The market prices that trust continuously: WBTC, cbBTC, tBTC each trade at their own small premium or discount to BTC. Pricing them all as "just bitcoin" hides exactly the risk a wrapper carries.
Which wrapped BTC assets does ML Data cover?
65 pairs across 11 wrappers plus staked BTC variants: WBTC, cbBTC, tBTC, LBTC among them, with the full list on this page. Quoted against BTC itself, USD plus the major stablecoins, so the wrapper discount is directly observable.