Key Metrics
Fees (Annualized)$1.23m
Fees 30d$48,074
Ethereum$48,074
Fees 7d$12,963
Ethereum$12,963
Fees 24h$285
Ethereum$285
Cumulative Fees$3.02m
Ethereum$3.02m
Revenue (Annualized)$1.23m
Revenue 30d$48,074
Ethereum$48,074
Revenue 7d$12,963
Ethereum$12,963
Revenue 24h$285
Ethereum$285
Cumulative Revenue$3.02m
Ethereum$3.02m
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
$T Liquidity$2.98m
Balancer V2$1.64m
Curve DEX$1.31m
Aerodrome Slipstream$25,241
Protocol Information
tBTC is Threshold's decentralized and permissionless bridge to bring BTC to the Ethereum network. tBTC has been designed to allow bitcoin holders to participate in Ethereum's Decentralized Finance (DeFi) applications. Users wishing to utilize their bitcoin on Ethereum can use the tBTC decentralized bridge to deposit their bitcoin into the system and get a minted tBTC token in their Ethereum wallet
Category:Decentralized BTC
Audits:
Methodology
TVL: BTC on btc chainView code on GitHubFees: tBTC treasury fees from minting and redemptions, tracked from Bank balance movements to the Bridge treasury. These movements contain the post-rebate amounts, so RebateStaking reductions are excluded.View code on GitHubRevenue: All tBTC treasury fees paid by minting and redemptions are protocol revenue.View code on GitHubHolders Revenue: View code on GitHubCompetitors
Frequently Asked Questions
What is tBTC?
tBTC is Threshold's decentralized and permissionless bridge to bring BTC to the Ethereum network. tBTC has been designed to allow bitcoin holders to participate in Ethereum's Decentralized Finance (DeFi) applications. Users wishing to utilize their bitcoin on Ethereum can use the tBTC decentralized bridge to deposit their bitcoin into the system and get a minted tBTC token in their Ethereum wallet
What is tBTC's TVL?
tBTC currently has $330.74m in total value locked. TVL has increased 0.2% over the past 30 days.
What chains does tBTC operate on?
tBTC operates on 2 chains: Ethereum and Bitcoin. Bitcoin holds the largest share at 100%.
How much has tBTC generated in fees and revenue?
Over the past 30 days, tBTC generated $48,074 in fees. Of that, $48,074 was protocol revenue. Based on the trailing year, the annualized rate is $1.23m in fees and $1.23m in revenue.
