Market cap
$4.94M
-13.32 %
Volume (24h)
$36.04K
-13.32 %
Circulating supply
305 RENBTC
Total supply
304 RENBTC
Max. supply
13,698 RENBTC
renBTC (RENBTC)
$ 14,345.10
-13.32 %
Main info
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Key data
updated $0Market cap$4.94M
Volume 24h$36.04K
Circulating supply3052% of max 13.7K
All-time high$317,411.28-95% from peak · 2025-01-06
renBTC (RENBTC) is a tokenized version of Bitcoin on the Ethereum blockchain. It allows users to use Bitcoin in Ethereum's DeFi ecosystem while maintaining a 1:1 peg to BTC. Think of it as 'wrapped Bitcoin' powered by Ren Protocol's cross-chain technology.
Frequently asked questions
What is renBTC and how is it different from regular Bitcoin?
renBTC is an ERC-20 token representing Bitcoin on Ethereum. Unlike native BTC, it can be used in Ethereum smart contracts, DeFi protocols, and trades faster with lower fees than Bitcoin's mainnet.
How does Ren Protocol create renBTC?
When you deposit BTC into Ren's decentralized custodians (called 'Darknodes'), they mint an equivalent amount of renBTC on Ethereum. The process is trust-minimized through secure multiparty computation (sMPC).
How is renBTC supply controlled?
New renBTC is only minted when users lock actual BTC in RenVM. Each renBTC can be burned at any time to redeem the underlying BTC, ensuring the supply always matches locked Bitcoin.
How do I store and use renBTC?
Store renBTC like any ERC-20 token in Ethereum wallets (MetaMask, Ledger). Use it in DeFi for lending, yield farming, or trading on DEXs—all while maintaining Bitcoin exposure without leaving Ethereum.