Introducing the WBTC Vault: Unlocking Institutional Yield for Bitcoin in DeFi

We’re excited to announce the launch of the WrappedBTC, developed in partnership with Concrete and BiT Global.

This new vault represents the next evolution in institutional-grade yield products, designed to maximize returns on WBTC while ensuring top-tier security and transparency.

WBTC is the leading standard for tokenized Bitcoin, with over $15 billion in circulating supply.

Each WBTC is fully backed 1:1 by BTC held in custody at BitGo, making it the most trusted bridge for bringing Bitcoin into the DeFi ecosystem.

With WBTC, Bitcoin holders can put their assets to work across decentralized finance, all while retaining exposure to the world’s most established digital currency.

How the Vault Works

The WBTC Vault provides a seamless way for users to generate yield on their holdings through actively managed, audited strategies:

Deposit WBTC directly into the vault.
Funds are allocated across a diversified mix of yield strategies, including:
- Lending markets
- Decentralized exchange (DEX) liquidity provision
- Delta-neutral trades
- Other proven DeFi integrations

Withdraw anytime with no lockups.
All strategies are managed with a focus on risk-adjusted returns, offering peace of mind to both individuals and institutions.

Security First

At Concrete, security is a top priority.

The WBTC Vault is built on battle-tested smart contracts, thoroughly audited by industry leaders including Halborn and Zellic.

Every audit report is publicly available, underscoring our commitment to full transparency. 🔗 View all audits here

Rewards You’ll Earn

Beyond sustainable, real yield, WBTC Vault participants unlock additional incentives:
- Real Yield
- Strategy specific incentive programs
- Concrete Points

Seamless Onboarding

Getting started is simple:
1. Visit app.concrete.xyz.
2. Deposit your WBTC.
3. Start earning yield and rewards instantly.

With no lockups and fully transparent performance metrics, the WBTC Vault makes institutional-grade yield accessible to everyone.

A New Standard for Bitcoin in DeFi

The launch of the WBTC Vault represents a milestone for Bitcoin’s integration into decentralized finance.
By combining Concrete’s production-grade vault infrastructure with the security and liquidity of WrappedBTC, this vault offers a secure, flexible, and transparent gateway to optimized yields.