Wrapped bTokens
Last updated
Last updated
Wrapped bTokens (or wbTokens) are wrapped versions of bTokens to be used within DeFi to avoid loss to rebasing due to corporate actions such as stock splits or dividend payouts. Just like using wstETH instead of stETH in DEX pools or lending markets.
If you hold bTokens, you can wrap it via our DeFi dashboard.
wbCOIN - 0xdec933e2392ad908263e70a386fbf34e703ffe8f
wbTSLA - 0x1f82284c1658ad71c576f7230e6c2dee7901c1fa
wbNVDA - 0x7e8101a1c322d394b3961498c7d40d2dfa94c392
wbMSTR - 0x1a4f71b0ff3c22540887bcf83b50054a213c673d
bCSPX, for example, is not available to be wrapped, as it is not rebasing. As the ETF is accumulating, there is no rebasing needed.