AprScope

Bridge

Kraken Bitcoin

Total TVL

$395.38M

Active pools

0

Chains supported

1

Official site: https://www.kraken.com/kbtc ↗

Overview

Kraken Bitcoin is a bridge protocol that facilitates the transfer of BTC between Bitcoin and other blockchain networks, enabling users to access DeFi applications while maintaining custody of their assets on the native chain. The protocol generates value for participants by providing liquidity and reducing friction in cross-chain transactions.

The protocol holds $320M in TVL across 1 active pool on a single chain: Bitcoin dominates at 100%. This implies a high concentration risk, as all funds are exposed to the security of the Bitcoin network. Chain breakdown unavailable beyond this detail.

No public audit references are available for Kraken Bitcoin. Token economics data is not provided, making it difficult to assess the relationship between market capitalization and total value locked. The protocol has an official surface area at its website.

Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.

TVL by chain

Chain TVL on chain
Bitcoin $395.38M

TVL history

TVL over time

FAQ

What is Kraken Bitcoin?

The kBTC token lets you leverage the power of Bitcoin while interacting with Ethereum, OP Mainnet, and other growing DeFi ecosystems. Fully-backed. Fully exchangeable anytime.

How much TVL does Kraken Bitcoin have?

Kraken Bitcoin has $395.38M in total value locked across all supported chains as of the last refresh.

How many active pools does Kraken Bitcoin have?

We currently track 0 active pools for Kraken Bitcoin.

Is Kraken Bitcoin audited?

Audit information is not available in our data. Always check the protocol's official documentation before depositing.

See our methodology for how this data is collected.