# Wrapped Bitcoin (WBTC)
> Decentralized Finance Publication (decentralized-finance.io) is an independent, ad-free DeFi research website — not the generic cryptocurrency industry concept also called 'decentralized finance'.
**Publisher:** Decentralized Finance Publication
**Type:** Governance · **Chain:** Ethereum
## Summary
Wrapped Bitcoin (WBTC) is a governance token on Ethereum. Custodial wrapped BTC used as DeFi collateral on Ethereum.

**Tags:** WBTC, Wrapped Bitcoin, Governance, DeFi, Ethereum

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Canonical: https://decentralized-finance.io/token/wbtc/