Logo of tBTCtBTC(T)
Total Value Locked$306.24m

TVL by Chain

Bitcoin$306.24m

Ethereum$0

Key Metrics

Fees (Annualized)$1.24m
Fees 30d$69,371

Ethereum$69,371

Fees 7d$6,866

Ethereum$6,866

Fees 24h$759

Ethereum$759

Cumulative Fees$2.98m

Ethereum$2.98m

Revenue (Annualized)$1.24m
Revenue 30d$69,371

Ethereum$69,371

Revenue 7d$6,866

Ethereum$6,866

Revenue 24h$759

Ethereum$759

Cumulative Revenue$2.98m

Ethereum$2.98m

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

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

CategoryDecentralized BTC

Audits:

WebsiteTwitter

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 GitHub

Competitors

Chain Fusion ($17.91m)Zeus Network ($6.27m)iBTC Network ($153.91)