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Beta·March 2026·Join Early Access→
TVL $25MAPY 0.02%low riskUpdated Feb 1, 2025

Aave Optimism WBTC

Supply WBTC to Aave V3 on Optimism to earn variable interest. Access Bitcoin collateral and lending on Optimism's low-cost L2.

ProtocolAave V3
Networkoptimism
SymbolAOPTWBTC
CategoryMoney Markets
Underlying Assets
WBTCBTC
Contract Address0x078f358208685046a11c85e8ad32895ded33a249

What is Aave Optimism WBTC?

Aave Optimism WBTC is a lending market for Wrapped Bitcoin on Aave V3's Optimism deployment. This market allows Bitcoin holders to participate in Optimism DeFi, using WBTC as collateral or earning minimal yield from borrowers. Optimism's low fees make position management more economical than Ethereum mainnet.

How This Market Works

When you supply WBTC to Aave V3 on Optimism:

  1. Bridge WBTC to Optimism network
  2. Deposit WBTC into Aave V3 lending pool
  3. Receive aOptWBTC tokens representing your deposit
  4. Earn interest from WBTC borrowers (typically minimal)
  5. Withdraw WBTC plus any yield anytime
Low Supply APY: WBTC is primarily used as collateral rather than borrowed. Most users deposit WBTC to borrow stablecoins or ETH, not to borrow more WBTC.

What Assets Are Involved

Supply Asset: WBTC (Wrapped Bitcoin) on Optimism Receipt Token: aOptWBTC - Aave Optimism deposit token Underlying: Bitcoin held by BitGo custodians Network: Optimism (OP Mainnet)

Primary WBTC uses on Optimism:

  • Collateral for borrowing stablecoins
  • Bitcoin exposure in Optimism DeFi
  • Cross-L2 collateral strategies
  • Leveraged BTC positions with lower fees

Bitcoin on Layer 2

WBTC on Optimism represents:

  • Bitcoin value accessible in Optimism ecosystem
  • Lower-cost position management than mainnet
  • Integration with Optimism-native protocols
  • Part of multi-chain Bitcoin strategy

L2 Considerations for WBTC

Optimism WBTC specifics:

  • Double Bridge: WBTC itself is bridged BTC, then bridged to L2
  • Lower Liquidity: Less WBTC on Optimism than mainnet
  • Fee Savings: Significant gas reduction for operations
  • Same Custody: BitGo custody model unchanged

Risk Disclosures

Smart Contract Risk: Aave V3 contracts are consistent across deployments. Custody Risk: WBTC depends on BitGo's custody infrastructure. Bridge Risk: WBTC on Optimism involves Ethereum WBTC bridged to L2. Multiple bridge dependencies. L2 Risk: Optimism has centralized sequencer (currently). Sequencer issues could affect operations. Oracle Risk: BTC price feeds must remain accurate on Optimism. Utilization Risk: Very low borrowing demand for WBTC means minimal supply yield. Withdrawal Delay: Optimism to Ethereum withdrawals have 7-day challenge period. Lower Liquidity: WBTC liquidity on Optimism is less than mainnet, affecting large operations.

Related Money Markets

Aave Ethereum WETH1.25% APYAave Ethereum USDT2.45% APYAave Ethereum wstETH0.01% APYAave Ethereum USDC3.47% APYAave Ethereum WBTC0.01% APY
Disclaimer: APY and TVL figures are based on on-chain data and may fluctuate. Past performance does not guarantee future results. DeFi investments carry smart contract, market, and liquidity risks. This content is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.

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