The current real-time price of AWBTC is $89,582. In the past 24 hours, AWBTC has traded between $88,428 and $90,150, showing strong market activity. The all-time high of AWBTC is $125.951K, and the all-time low is $35,169.
From a short-term perspective, the price change of AWBTC over the past 1 hour is , over the past 24 hours is +0.24%, and over the past 7 days is -0.52%. These figures provide a quick overview of the latest price trends and market dynamics of AWBTC on LBank.-7.72%
The live price of AWBTC today is $89,582, with a current market cap of $0. The 24-hour trading volume is 14.02. The price of AWBTC to USD is updated in real time.
Before deciding whether to buy or sell AWBTC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s AWBTC technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for AWBTC.
How much will AWBTC be worth tomorrow, next week, or next month in ? What about your AWBTC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! AWBTC Price Prediction
To learn more about AWBTC, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xfa54...fb4011  | 1,931 | 4.09% |
ethereum | 0x50fc...64bf21 | 1,474 | 3.12% |
ethereum | 0x4ed0...abc853 | 1,300 | 2.75% |
ethereum | 0x94de...8b940a | 905 | 1.92% |
ethereum | 0xc9db...025642 | 708 | 1.5% |
Other | 40,935.11 | 86.63% |
awBTC is a wrapped version of Bitcoin, designed to operate within the Aave Protocol. It's an interest-bearing ERC-20 token that represents a user's share of the total deposited WBTC in Aave's lending pools. Its primary function is to enable users to provide liquidity and borrow against their Bitcoin holdings within the decentralized finance (DeFi) ecosystem of Aave v3, allowing for greater utility and composability for Bitcoin in the Web3 space.
Users can earn yield by supplying awBTC as liquidity to the Aave v3 protocol. When awBTC is supplied, it becomes available for other users to borrow. The supplier then earns interest from these borrowing activities. Additionally, there's potential to earn Aave governance token emissions, particularly for users who participate in Stability Pools, helping to absorb debt from liquidated positions and further contributing to the protocol's stability and functionality.
Key risks include smart contract vulnerabilities, despite audits, which could expose funds to exploits. Liquidation risk is present if collateral values drop, leading to forced sales. Oracle risk arises if price feeds are compromised, causing incorrect valuations. The underlying WBTC has centralization risk, as its minting and redemption are controlled by a centralized entity, prompting discussions about adjusting its risk parameters on Aave. Market volatility can also impact collateral and protocol stability.
Interest rates for awBTC on Aave v3 are dynamically adjusted based on the supply and demand ratio of the asset within the protocol. These rates follow an interest rate model configured by Aave Governance. This model typically involves two distinct slopes and an optimal utilization point. As demand for borrowing awBTC increases relative to its supply, the interest rate generally rises to incentivize more supply and discourage excessive borrowing, ensuring the pool's health and liquidity.
Aave v3 integrates several security enhancements. It undergoes rigorous smart contract audits and employs robust risk management tools like dynamic interest rates and sophisticated liquidation mechanisms. The protocol features an insurance fund and multi-chain support. Specifically, features like Isolation Mode and Siloed Borrowing are designed to contain risk from less liquid or volatile assets, preventing contagion across the protocol and safeguarding overall user funds, including those represented by awBTC.
awBTC can be acquired and traded on various cryptocurrency platforms and decentralized exchanges (DEXs) that support its underlying asset, WBTC, or directly facilitate its conversion. To interact with Aave v3 and manage awBTC, any Web3 wallet that is compatible with the relevant blockchain network (e.g., Ethereum mainnet) can be used. These include popular self-custody wallets and browser extensions that allow users to connect to decentralized applications and manage their ERC-20 tokens.
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