Total Value Locked$316.92m
TVL by Chain
Bitcoin$316.92m
Ethereum$2,061
Key Metrics
Fees 30d$38,353
Fees 30d by chain
Ethereum$38,353
Fees 7d$914
Ethereum$914
Fees 24h$893
Ethereum$893
Cumulative Fees$2.87m
Ethereum$2.87m
Revenue 30d$38,353
Revenue 30d by chain
Ethereum$38,353
Revenue 7d$914
Ethereum$914
Revenue 24h$893
Ethereum$893
Cumulative Revenue$2.87m
Ethereum$2.87m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
Bridge Volume 30d$26.32m
Bridge Volume 30d by chain
Bitcoin$16.7m
Ethereum$9.63m
Bridge Volume 7d$3,144
Bitcoin$2,395
Ethereum$749
Bridge Volume 24h$2,390
Bitcoin$1,641
Ethereum$749
Collateral Liquidated 30d$0
Collateral Liquidated 30d by chain
Ethereum$0
Collateral Liquidated 7d$0
Ethereum$0
Collateral Liquidated 24h$0
Ethereum$0
Cumulative Collateral Liquidated$0
Ethereum$0
Market Cap$49.35m
$T Price$0.0044
Fully Diluted Valuation$49.35m
$T Volume 24h$1.78m
CEX Volume$1.24m
DEX Volume$1.01m(56.54% of total)
Protocol Information
Threshold Network offers a full suite of decentralized threshold cryptography services designed to address user privacy and control concerns within decentralized applications and Web 3.0 platforms.
- tBTCDecentralized BTC
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
Bridge Volume: Value of assets sent through the bridge, counted once on the chain they leave from
Collateral Liquidated: USD value of collateral seized during protocol liquidations
Threshold Network history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 19, 2021 to Nov 10, 2026.
All-time high TVL: $736.87m on Oct 7, 2025. All-time low TVL: $205,538 on Dec 28, 2022.
Daily TVL, Oct 12, 2026 to Nov 10, 2026
| Date | TVL |
|---|---|
| Oct 12, 2026 | $354.34m |
| Oct 13, 2026 | $345.87m |
| Oct 14, 2026 | $353.5m |
| Oct 15, 2026 | $346.28m |
| Oct 16, 2026 | $348.42m |
| Oct 17, 2026 | $344.11m |
| Oct 18, 2026 | $344.09m |
| Oct 19, 2026 | $348.12m |
| Oct 20, 2026 | $344.7m |
| Oct 21, 2026 | $349.56m |
| Oct 22, 2026 | $355.25m |
| Oct 23, 2026 | $343.38m |
| Oct 24, 2026 | $339.67m |
| Oct 25, 2026 | $342.65m |
| Oct 26, 2026 | $338.92m |
| Oct 27, 2026 | $342.03m |
| Oct 28, 2026 | $347.03m |
| Oct 29, 2026 | $348.46m |
| Oct 30, 2026 | $331.44m |
| Oct 31, 2026 | $334.66m |
| Nov 1, 2026 | $334.64m |
| Nov 2, 2026 | $337.34m |
| Nov 3, 2026 | $332m |
| Nov 4, 2026 | $332.61m |
| Nov 5, 2026 | $348.51m |
| Nov 6, 2026 | $329.01m |
| Nov 7, 2026 | $327.78m |
| Nov 8, 2026 | $327.09m |
| Nov 9, 2026 | $323.98m |
| Nov 10, 2026 | $316.92m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $443.45m |
| Jan 31, 2025 | $499.22m |
| Feb 28, 2025 | $386.57m |
| Mar 31, 2025 | $375.12m |
| Apr 30, 2025 | $442.92m |
| May 31, 2025 | $343.14m |
| Jun 30, 2025 | $579.06m |
| Jul 31, 2025 | $673.23m |
| Aug 31, 2025 | $639m |
| Sep 30, 2025 | $678.48m |
| Oct 31, 2025 | $645.05m |
| Nov 30, 2025 | $548.57m |
| Dec 31, 2025 | $435.74m |
| Jan 31, 2026 | $502.94m |
| Feb 28, 2026 | $390.05m |
| Mar 31, 2026 | $405.26m |
| Apr 30, 2026 | $417.49m |
| May 31, 2026 | $365.06m |
| Jun 30, 2026 | $306.21m |
| Jul 31, 2026 | $317.88m |
| Aug 31, 2026 | $345.96m |
| Sep 30, 2026 | $359.01m |
| Oct 31, 2026 | $334.66m |
| Nov 10, 2026 (latest) | $316.92m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $8.45m |
| Dec 31, 2022 | $883,307 |
| Dec 31, 2023 | $54.99m |
| Dec 31, 2024 | $443.45m |
| Dec 31, 2025 | $435.74m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $246,435 | $246,435 | $0 |
| Jan 2025 | $247,396 | $247,197 | $0 |
| Feb 2025 | $194,336 | $194,336 | $0 |
| Mar 2025 | $127,030 | $127,030 | $0 |
| Apr 2025 | $223,830 | $223,830 | $0 |
| May 2025 | $282,433 | $282,433 | $0 |
| Jun 2025 | $84,342 | $84,342 | $0 |
| Jul 2025 | $60,085 | $60,085 | $0 |
| Aug 2025 | $81,866 | $81,864 | $0 |
| Sep 2025 | $91,280 | $91,280 | $0 |
| Oct 2025 | $293,032 | $293,032 | $0 |
| Nov 2025 | $90,217 | $89,973 | $0 |
| Dec 2025 | $89,209 | $89,209 | $0 |
| Jan 2026 | $17,912 | $17,912 | $0 |
| Feb 2026 | $8,988 | $8,988 | $0 |
| Mar 2026 | $12,155 | $12,155 | $0 |
| Apr 2026 | $60,939 | $60,939 | $0 |
| May 2026 | $49,866 | $49,866 | $0 |
| Jun 2026 | $70,630 | $70,630 | $0 |
| Jul 2026 | $51,218 | $51,218 | $0 |
| Aug 2026 | $31,940 | $31,940 | $0 |
| Sep 2026 | $35,760 | $35,760 | $0 |
| Oct 2026 | $49,704 | $49,704 | $0 |
| Nov 2026 (to date) | $8,820 | $8,820 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/threshold-network
Frequently asked questions
What is Threshold Network's TVL?
As of Nov 10, 2026, Threshold Network has $316.92m in total value locked. TVL has decreased 9.5% over the past 30 days.
What chains does Threshold Network operate on?
Threshold Network operates on 2 chains: Bitcoin and Ethereum. Bitcoin holds the largest share at 100%.
How much has Threshold Network generated in fees and revenue?
Over the past 30 days, Threshold Network generated $38,353 in fees. Of that, $38,353 was protocol revenue. Based on the trailing year, the annualized rate is $550,013 in fees and $549,795 in revenue.
What is the T token price and valuation?
T is currently trading at $0.0044. Its circulating market capitalization is $49.59m, ranking it #584. Its fully diluted valuation is $49.59m. Supply currently stands at 11.155b circulating, 11.155b total supply.
How has T performed recently?
T is down 1.5% over the past 7 days and down 19.8% over the past 30 days. Its all-time high is $0.23, reached on Mar 2, 2022. The token is currently 98% below that level.
Which protocols are included in Threshold Network?
Threshold Network is a parent protocol whose tracked products include tBTC and Threshold thUSD.