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InsightsDeFi
Comparison

WBTC vs NEAR Protocol: Massive TVL Gap, Different Activity Levels

WBTC holds far more value than NEAR Protocol, with about $9.4 billion locked versus roughly $206 million. NEAR sees higher daily transaction volume and fees, indicating more active usage despite its smaller size.

Updated November 5, 2026 · Data as of November 5, 2026

WBTCNEAR Protocol
Total value locked$9.38B$206M
Volume, 24h–$138M
Fees, 24h–$12K
TVL change, 7d-0.6%-0.2%
Networks126
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Size and Money Locked

WBTC dominates the bridge space with around $9.4 billion locked, dwarfing NEAR Protocol’s roughly $206 million. The TVL for WBTC has slipped slightly by about 0.6 % over the past week, while NEAR’s TVL fell by 0.2 % in the same period.

Activity and Fees

NEAR Protocol processes a 24‑hour volume of about $138 million, while WBTC shows no recorded volume in the latest data. Users paid roughly $12 thousand in fees on NEAR over the past day, reflecting active usage. WBTC’s fee data is not reported.

Networks and Reach

WBTC operates solely on Bitcoin, limiting its cross‑chain exposure. NEAR Protocol spans 26 networks, including Ethereum, Tron, BSC, Polygon and others, giving it a broad multi‑chain footprint.

Who Each Bridge Suits

WBTC is ideal for users who need a direct, Bitcoin‑backed ERC‑20 token with strong transparency and community oversight. NEAR Protocol suits developers and users looking for a versatile bridge that supports many blockchains and sees higher transaction activity.

Short Answer

WBTC is far larger in locked value but shows no recent activity, whereas NEAR is smaller in TVL yet handles significant daily volume and fees across many chains.

Frequently asked questions

Which bridge has more value locked?

WBTC holds about $9.4 billion, far exceeding NEAR Protocol’s roughly $206 million.

Which bridge shows higher daily transaction volume?

NEAR Protocol records about $138 million in 24‑hour volume, while WBTC shows no volume in the latest data.

How many chains does each bridge support?

WBTC operates on a single chain, Bitcoin, whereas NEAR Protocol supports 26 different networks.

Disclaimer: Insights are written automatically from public data (DefiLlama, CoinGecko, Polymarket) and our news. They are for information only and are not investment advice, an offer or a recommendation. Prediction market odds reflect traders' bets, not COINMAG forecasts. Check every detail on the official sites before you act.

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