Convert EigenLayer EIGEN to Wrapped Bitcoin WBTC
EIGEN to WBTC: 1 EigenLayer converts to 0.000011 WBTC as of July 7 at 5:13 AM
About EIGEN and WBTC
EigenLayer is climbing, while Wrapped Bitcoin is falling this week. The current EIGEN to WBTC conversion rate is 0.000011. Inversely, this means that if you convert 1 WBTC you will get 94,343.24 EIGEN. The conversion rate of EIGEN/WBTC has increased by 0.32% in the last hour (WBTC/EIGEN decreased by 0.32%). In the last 24 hours, EIGEN/WBTC grew by 5%, while WBTC/EIGEN shrunk by the same amount.
The exchange rate of EigenLayer is increasing. The current value of 1 EIGEN is 0.000011 WBTC. In other words, to buy 5 EigenLayer, it would cost you 0.000053 WBTC. Inversely, 1 WBTC would allow you to trade for 94,343.24 EIGEN while 50 WBTC would convert to 4,717,161.76 EIGEN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.67%. Meanwhile, in the last 24 hours, the rate has changed by 4.76%, and that the highest exchange rate of 1 EIGEN to WBTC was 0.000011 WBTC and the lowest 24 hour value was 1 EIGEN for 0.000010 WBTC. Last month, 1 EIGEN was worth 0.000013 WBTC. Today, it's down 26.77%. Looking back a year, EigenLayer has changed by 0.000071 WBTC. That means that in a single year, the value of EigenLayer has shrank by 566.22%.
EigenLayer Market Stats
EigenLayer is a protocol built on Ethereum that introduces restaking. Users that stake ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network to earn additional rewards. EIGEN is designed to complement ETH restaking by providing a mechanism to handle "intersubjective" faults - behaviors that cannot be objectively identified on-chain but still warrant penalties. Token holders can stake EIGEN to secure the EigenDA network and other Actively Validated Services (AVS) that choose to accept it as collateral. EIGEN also used to facilitate governance.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Conversion tables
EIGEN to WBTC values from Today at 5:13 am
0.5 EIGEN = 0.00000530 WBTC |
1 EIGEN = 0.000011 WBTC |
5 EIGEN = 0.000053 WBTC |
10 EIGEN = 0.000106 WBTC |
50 EIGEN = 0.000530 WBTC |
100 EIGEN = 0.0011 WBTC |
500 EIGEN = 0.0053 WBTC |
1,000 EIGEN = 0.0106 WBTC |
WBTC to EIGEN values from Today at 5:13 am
0.5 WBTC = 47,171.62 EIGEN |
1 WBTC = 94,343.24 EIGEN |
5 WBTC = 471,716.18 EIGEN |
10 WBTC = 943,432.35 EIGEN |
50 WBTC = 4,717,161.76 EIGEN |
100 WBTC = 9,434,323.53 EIGEN |
500 WBTC = 47,171,617.63 EIGEN |
1,000 WBTC = 94,343,235.26 EIGEN |
EIGEN to WBTC over time
EIGEN | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 EIGEN | 0.00000530 WBTC | 0.00000505 WBTC | 0.00000672 WBTC | 0.000035 WBTC |
1 EIGEN | 0.000011 WBTC | 0.000010 WBTC | 0.000013 WBTC | 0.000071 WBTC |
5 EIGEN | 0.000053 WBTC | 0.000050 WBTC | 0.000067 WBTC | 0.000353 WBTC |
10 EIGEN | 0.000106 WBTC | 0.000101 WBTC | 0.000134 WBTC | 0.000706 WBTC |
50 EIGEN | 0.000530 WBTC | 0.000505 WBTC | 0.000672 WBTC | 0.0035 WBTC |
100 EIGEN | 0.0011 WBTC | 0.0010 WBTC | 0.0013 WBTC | 0.0071 WBTC |
500 EIGEN | 0.0053 WBTC | 0.0050 WBTC | 0.0067 WBTC | 0.0353 WBTC |
1,000 EIGEN | 0.0106 WBTC | 0.0101 WBTC | 0.0134 WBTC | 0.0706 WBTC |
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Frequently asked questions
How much is 1 EigenLayer in USD?
Right now, 1 EigenLayer is worth about $1.16.
How much EIGEN could I buy for 1 USD?
Based on the current rate, you could get 0.86 EIGEN for 1 USD.
How much has the price of EigenLayer changed?
EigenLayer price has been on the rise. Since yesterday, the exchange rate of EigenLayer has increased. Since last month, the exchange rate of EigenLayer has decreased. Since this time last year, the price of EigenLayer has decreased.
How do I calculate or convert EIGEN to USD?
You can use our EIGEN to USD calculator at the top of this page to convert any amount of EIGEN to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.32 EIGEN. Inversely, 5 EIGEN will cost about $5.79
How can I buy 1 EigenLayer on Coinbase?
EigenLayer is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy EigenLayer.
What are assets similar to EigenLayer that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to EigenLayer, including Axie Infinity, ether.fi, and Kaito. For a more robust list of assets to explore, jump to the asset page dedicated to EigenLayer.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.