{"id":29190,"date":"2020-09-25T14:04:27","date_gmt":"2020-09-25T11:04:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29190"},"modified":"2025-08-27T15:36:51","modified_gmt":"2025-08-27T12:36:51","slug":"two-record-wbtc-mints-in-24-hours-hit-the-yield-farming-market","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/two-record-wbtc-mints-in-24-hours-hit-the-yield-farming-market\/","title":{"rendered":"Two record WBTC mints in 24 hours hit the yield-farming market"},"content":{"rendered":"<p>Two record single-mint issues of the Bitcoin-backed token Wrapped Bitcoin (WBTC) were released to the market within a 10-hour interval. Their total value is about $50 million.<\/p>\n<p>On Thursday, September 24, the issuance of <a href=\\\"https:\/\/etherscan.io\/tx\/0x0a7c518bee414bbc1ed7cbeaaa21b28400585f116e1e2c14f5ffedabb81f8f44\\\">2316<\/a> WBTC was carried out by the Singapore-based crypto fund Three Arrows Capital. The record held until Friday morning, when Alameda Research, the entity behind the cryptocurrency derivatives exchange FTX, issued 2317 WBTC \u2013 exactly one coin more.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The newest largest mint ever!<br \/>\nTurns out <a href=\\\"https:\/\/twitter.com\/SBF_Alameda?ref_src=twsrc%5Etfw\\\">@SBF_Alameda<\/a> was also feeling cute.<a href=\\\"https:\/\/t.co\/XfrXTEffbv\\\">https:\/\/t.co\/XfrXTEffbv<\/a> <a href=\\\"https:\/\/t.co\/lpg0Xj8hPr\\\">https:\/\/t.co\/lpg0Xj8hPr<\/a><\/p>\n<p>\u2014 WBTC (@WrappedBTC) <a href=\\\"https:\/\/twitter.com\/WrappedBTC\/status\/1309353213452197888?ref_src=twsrc%5Etfw\\\">September 25, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to data from the Nansen service, Alameda Research is the largest issuer of WBTC, having issued a total of 37 609 tokens.<\/p>\n<div id=\\\"attachment_111255\\\" style=\\\"width: 1210px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-111255\\\" class=\\\"wp-image-111255 size-full\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/wbtc1-1200x515-1.jpg\\\" alt=\\\"\u0412 \u0442\u0435\u0447\u0435\u043d\u0438\u0435 \u0441\u0443\u0442\u043e\u043a \u043d\u0430 \u0440\u044b\u043d\u043e\u043a \u0434\u043e\u0445\u043e\u0434\u043d\u043e\u0433\u043e \u0444\u0435\u0440\u043c\u0435\u0440\u0441\u0442\u0432\u0430 \u0432\u044b\u043f\u0443\u0441\u0442\u0438\u043b\u0438 \u0434\u0432\u0435 \u0440\u0435\u043a\u043e\u0440\u0434\u043d\u044b\u0435 \u043f\u0430\u0440\u0442\u0438\u0438 WBTC\\\" width=\\\"1200\\\" height=\\\"515\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/wbtc1-1200x515-1.jpg 1200w, https:\/\/u1f987.com\/wp-content\/uploads\/wbtc1-1200x515-1-300x129.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/wbtc1-1200x515-1-1024x439.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/wbtc1-1200x515-1-768x330.jpg 768w\\\" sizes=\\\"auto, (max-width: 1200px) 100vw, 1200px\\\" \/><\/p>\n<p id=\\\"caption-attachment-111255\\\" class=\\\"wp-caption-text\\\">Data: <a href=\\\"https:\/\/pro.nansen.ai\/wrapped-bitcoin\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">Nansen<\/a>.<\/p>\n<\/div>\n<div id=\\\"attachment_111256\\\" style=\\\"width: 517px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-111256\\\" class=\\\"size-full wp-image-111256\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/wbtc2.jpg\\\" alt=\\\"\u0412 \u0442\u0435\u0447\u0435\u043d\u0438\u0435 \u0441\u0443\u0442\u043e\u043a \u043d\u0430 \u0440\u044b\u043d\u043e\u043a \u0434\u043e\u0445\u043e\u0434\u043d\u043e\u0433\u043e \u0444\u0435\u0440\u043c\u0435\u0440\u0441\u0442\u0432\u0430 \u0432\u044b\u043f\u0443\u0441\u0442\u0438\u043b\u0438 \u0434\u0432\u0435 \u0440\u0435\u043a\u043e\u0440\u0434\u043d\u044b\u0435 \u043f\u0430\u0440\u0442\u0438\u0438 WBTC\\\" width=\\\"507\\\" height=\\\"632\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/wbtc2.jpg 507w, https:\/\/u1f987.com\/wp-content\/uploads\/wbtc2-241x300.jpg 241w\\\" sizes=\\\"auto, (max-width: 507px) 100vw, 507px\\\" \/><\/p>\n<p id=\\\"caption-attachment-111256\\\" class=\\\"wp-caption-text\\\">Data: <a href=\\\"https:\/\/pro.nansen.ai\/wrapped-bitcoin\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">Nansen<\/a>.<\/p>\n<\/div>\n<p>WBTC accounts for about 75% of all tokenized Bitcoin.<\/p>\n<p>In a comment to <a href=\\\"https:\/\/www.theblockcrypto.com\/post\/78820\/alameda-research-largest-mint-wbtc-token-yield-farming\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">The Block<\/a>, Alameda founder Sam Bankman-Fried noted that strong demand for WBTC is linked to heightened activity in the decentralized finance (DeFi) sector.<\/p>\n<blockquote>\n<p>\u201cYield in DeFi has declined, but remains substantial. Against this backdrop, there is strong demand for Bitcoin in other chains. WBTC remains the largest among such assets and most widespread in DeFi and yield farming,\u201d \u2013 he said.<\/p>\n<\/blockquote>\n<p>Earlier this week, the Tron development team <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-backed-wbtc-to-launch-on-the-tron-blockchain\">entered into<\/a> a strategic partnership with BitGo, under which the Wrapped Bitcoin project is being developed. As part of the collaboration, the WBTC token will be issued on the Tron blockchain as a TRC-20 standard token.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forkloglive\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two record single-mint releases of the Bitcoin-backed Wrapped Bitcoin (WBTC) token were released to the market within a 10-hour interval. Their total value is about $50 million.<\/p>\n","protected":false},"author":1,"featured_media":29191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,1655],"class_list":["post-29190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-wrapped-bitcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=29190"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29190\/revisions"}],"predecessor-version":[{"id":29192,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29190\/revisions\/29192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/29191"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=29190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=29190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=29190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}