Compare Uniswap and WBTC on TVL, fees, revenue and activity to understand how these projects stack up.
$3.14B
Uniswap V3 pioneered concentrated liquidity ranges and multiple fee tiers, letting LPs choose custom price curves and earn up to 4000 × higher fee capital efficiency. It introduced NFTs to represent positions and a licence that restricts commercial forks for two years. As of 2025 V3 is deployed on more than 15 chains and retains over 60 % DEX market share by volume.
Wrapped BTC (WBTC) is a Bitcoin‑backed ERC‑20 minted by BitGo under a multi‑sig controlled by merchants and custodians. Each token is 1:1 redeemable for BTC, with reserves published every 24 hours and verifiable on chain. WBTC accounts for more than 70 % of tokenised bitcoin on Ethereum and serves as core collateral for Aave, Maker and Compound.