Details about Wrapped CKB cryptocurrency
Wrapped CKB
WCKB
1+ (click to see list)
2019-11-15
€65,380
0
Unknown
Wrapped CKB price charts
WCKB exchanges
Wrapped CKB, the crypto
Wrapped CKB (WCKB) is a token created on the Ethereum blockchain that represents the same value as CKB, the native cryptocurrency of the Nervos Network. WCKB enables CKB holders to participate in Ethereum-based decentralized finance (DeFi) applications and ecosystem, and makes it easier for Ethereum users to access Nervos Network functionalities.
The point
The main point of Wrapped CKB (WCKB) is to bridge the gap between the Ethereum and Nervos ecosystems, and allow users to benefit from the advantages of both networks. WCKB enables CKB holders to access Ethereum-based DeFi protocols, lending platforms, DEXs, and other applications, while also leveraging the security and scalability of the Nervos Network.
The problem
Wrapped CKB (WCKB) aims to solve the problem of interoperability and liquidity between different blockchain networks. By creating an ERC-20 token that represents the same value as CKB, WCKB enables cross-chain asset transfers and facilitates the exchange of value between two different ecosystems. This can increase the efficiency and accessibility of DeFi applications, as well as provide more opportunities for token holders to participate in different networks.
Compare WCKB and BTC performance
| Timeframe | WCKB | BTC |
|---|---|---|
| 1h change | -1.62824 % | -0.113414 % |
| 24h change | -2.22 % | 0.280879 % |
| 7 day change | -9.15 % | -1.26201 % |
| 14 day change | -46.05 % | -9.72239 % |
| 30 day change | -14.12 % | -7.76318 % |
| 200 day change | 542.94 % | 126.331 % |
| Year change | 370.1 % | 132.257 % |