Key Metrics
Fees (Annualized)$1.22m
Fees 30d$40,139.79
Ethereum$40,139.79
Fees 7d$8,304
Ethereum$8,304
Fees 24h$1,453
Ethereum$1,453
Cumulative Fees$3.04m
Ethereum$3.04m
Revenue (Annualized)$1.22m
Revenue 30d$40,139.79
Ethereum$40,139.79
Revenue 7d$8,304
Ethereum$8,304
Revenue 24h$1,453
Ethereum$1,453
Cumulative Revenue$3.04m
Ethereum$3.04m
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 $298.24m in total value locked. TVL has decreased 9.9% 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 $40,139.79 in fees. Of that, $40,139.79 was protocol revenue. Based on the trailing year, the annualized rate is $1.22m in fees and $1.22m in revenue.
