WBTC Launch on Hedera Enhances Bitcoin DeFi, TVL Growth
Wrapped Bitcoin (WBTC) on Hedera has officially launched via BitGo custody and cross-chain bridges from BiT Global and LayerZero, tokenizing BTC 1:1 to unlock DeFi services. Traders can wrap BTC through trusted bridges and use Hedera’s high-speed (10,000 TPS), low-fee (<$0.01), carbon-negative network with aBFT MEV-resistant consensus to lend, stake, trade, and provide liquidity on AMMs. Since Hedera’s TVL rose over 200% last year, WBTC on Hedera adds liquidity, attracts institutions, and extends Bitcoin’s utility into the “BTCFi” ecosystem. Market watchers expect increased WBTC demand, DeFi activity, and HBAR usage to drive bullish momentum in both the short and long term.
Bullish
The launch of WBTC on Hedera opens new DeFi channels, boosting WBTC demand and liquidity on a high-throughput, low-cost network, which historically drives price appreciation. In the short term, traders are likely to rotate BTC into WBTC to access lucrative yield opportunities, lifting WBTC and HBAR volumes. Over the long term, institutional adoption and expanded smart-contract use cases within the emerging “BTCFi” ecosystem should sustain positive price momentum, marking a bullish outlook for WBTC in the market.