Price change (24h):
2.35%
High (24h):
$127.58
Low (24h):
$122.49
Volume (24h):
$27.47
Market Cap:
$968.07
All Time High:
100.00% $5384182.00
Apr 21, 2020
All Time Low:
1491283% $0.01
Aug 19, 2025
![PTokens BTC [OLD]](https://coin-images.coingecko.com/coins/images/10805/large/J51iIea.png?1696510764){kind=small}
PTokens BTC [OLD]
PBTC66.84 %(1Y)
$122.93
About PTokens BTC [OLD]
pTokens BTC (pBTC) is a cryptocurrency launched in 2020. It functions as a decentralized wrapped Bitcoin token, bridging Bitcoin’s liquidity into non-native blockchain ecosystems. Unlike custodial alternatives such as wBTC, pBTC relies on a smart contract-controlled custody layer to eliminate single-entity trust assumptions.
The token’s primary utility lies within decentralized finance, where it enables Bitcoin holders to access lending, borrowing, and trading markets on Ethereum, BNB Chain, Polygon, and other networks without converting to a non-Bitcoin asset or trusting a centralized intermediary. It solves the capital inefficiency problem of idle BTC. The architecture directly competes with centralized wrapped tokens that lock up billions in custodial accounts, offering instead a transparent, code-enforced peg.
pBTC operates on the Ethereum network as a wrapped asset, with identical functionality on BNB Smart Chain, Polygon, Arbitrum, and other EVM-compatible chains. No standalone blockchain underpins it. The token’s issuance and redemption are orchestrated by pNetwork’s cross-chain proving mechanism, which verifies Bitcoin deposit events without consolidating control under a single custodian.
The Ethereum deployment uses the ERC-20 standard, while the BNB Chain variant conforms to BEP-20. The BTC backing pTokens BTC resides in a smart contract governed by an on-chain custody protocol, eliminating reliance on an off-chain custodian. A network of provers enforces collateralization logic without holding unilateral control over the locked Bitcoin.
pNetwork, the entity behind the token, launched pBTC in March 2020 as a response to the centralization risks inherent in existing wrapped Bitcoin products. The project emerged from the Provable Things ecosystem, which previously developed the Oraclize service. Early adoption clustered around the DeFi summer, with the token later expanding to eight different chains.
The long-term objective is to make Bitcoin liquid and programmable across every major smart-contract platform without introducing a single point of failure. This vision rejects the institutional custody model that dominated early tokenized BTC, pushing instead for a trust-minimized interoperability layer where Bitcoin can serve as collateral, a base asset, and a settlement commodity in permissionless markets.
When a user deposits BTC to a designated pNetwork address, the system mints an equivalent amount of pBTC on the chosen destination chain after a threshold of provers attests to the deposit’s finality. Redeeming pBTC burns the wrapped token and releases the original BTC back to a specified Bitcoin address. The protocol charges a fee for each cross-chain operation, distributed to provers as an incentive for maintaining the vault’s integrity.
DeFi protocols accept pBTC as collateral for loans in stablecoins or other assets, enabling Bitcoin holders to leverage their positions without selling. Liquidity providers deposit paired tokens into automated market makers to earn trading fees, while arbitrageurs constantly monitor the pBTC/BTC price spread, minting or redeeming to close discounts and premiums. Because the wrapping process is permissionless, any Bitcoin user can route value into DeFi within minutes, bypassing the identity verification demanded by centralized competitors.
pTokens BTC has a maximum supply of 8.00 tokens. Currently, 7.88 are in circulation. With a market capitalization of $1,141.09, pTokens BTC ranks #8,464 among all cryptocurrencies.
PTokens BTC [OLD] Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $127.43 | $124.07 | $127.43 | $123.52 |
| 07/07/2026 | $127.33 | $127.42 | $129.04 | $125.38 |
| 06/07/2026 | $126.98 | $127.45 | $127.56 | $123.23 |
| 05/07/2026 | $124.11 | $126.85 | $127.60 | $122.04 |
| 04/07/2026 | $123.36 | $124.21 | $124.98 | $122.94 |
| 03/07/2026 | $50,063.00 | $123.39 | $50,680.00 | $122.12 |
| 02/07/2026 | $149.81 | $50,090.00 | $50,188.00 | $148.39 |
| 01/07/2026 | $153.19 | $149.79 | $156.01 | $149.41 |
Why is manual trading PTokens BTC [OLD] a bad idea?
Manual pbtc trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
-
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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PTokens BTC [OLD] (PBTC) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live PBTC price, market cap, and 24-hour trading volume at the top of this page.
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The current price of PTokens BTC [OLD] (PBTC) is $122.93. Over the last 24 hours, it has moved -2.35%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy PTokens BTC [OLD] on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your PBTC investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
PTokens BTC [OLD]'s price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - PBTC can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether PTokens BTC [OLD] is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. PBTC can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
