Total Value Locked$345.24m
TVL by Chain
Bitcoin$345.24m
Ethereum$2,350
Key Metrics
Fees 30d$39,126
Fees 30d by chain
Ethereum$39,126
Fees 7d$16,290
Ethereum$16,290
Fees 24h$5,112
Ethereum$5,112
Cumulative Fees$2.85m
Ethereum$2.85m
Revenue 30d$39,126
Revenue 30d by chain
Ethereum$39,126
Revenue 7d$16,290
Ethereum$16,290
Revenue 24h$5,112
Ethereum$5,112
Cumulative Revenue$2.85m
Ethereum$2.85m
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$28.98m
Bridge Volume 30d by chain
Ethereum$16.33m
Bitcoin$12.65m
Bridge Volume 7d$11.82m
Bitcoin$7.36m
Ethereum$4.46m
Bridge Volume 24h$2.72m
Bitcoin$2.62m
Ethereum$104,833
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$52.61m
$T Price$0.0047
Fully Diluted Valuation$52.61m
$T Volume 24h$7.54m
CEX Volume$5.01m
DEX Volume$2.51m(33.31% 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 Oct 27, 2026.
All-time high TVL: $736.87m on Oct 7, 2025. All-time low TVL: $205,538 on Dec 28, 2022.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $363.04m |
| Sep 29, 2026 | $358.81m |
| Sep 30, 2026 | $359.01m |
| Oct 1, 2026 | $359.68m |
| Oct 2, 2026 | $365.25m |
| Oct 3, 2026 | $364.18m |
| Oct 4, 2026 | $363.06m |
| Oct 5, 2026 | $370.19m |
| Oct 6, 2026 | $367.65m |
| Oct 7, 2026 | $365.91m |
| Oct 8, 2026 | $355.17m |
| Oct 9, 2026 | $345.44m |
| Oct 10, 2026 | $348.71m |
| Oct 11, 2026 | $350.29m |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $527.56m |
| 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 27, 2026 (latest) | $342.03m |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $275,477 | $275,477 | $0 |
| 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 (to date) | $40,968 | $40,968 | $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 Oct 27, 2026, Threshold Network has $345.24m in total value locked. TVL has decreased 4.9% 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 $39,126 in fees. Of that, $39,126 was protocol revenue. Based on the trailing year, the annualized rate is $558,451 in fees and $558,207 in revenue.
What is the T token price and valuation?
T is currently trading at $0.0047. Its circulating market capitalization is $52.61m, ranking it #569. Its fully diluted valuation is $52.61m. Supply currently stands at 11.155b circulating, 11.155b total supply.
How has T performed recently?
T is down 2.3% over the past 7 days and down 17.5% over the past 30 days. Its all-time high is $0.23, reached on Mar 2, 2022. The token is currently 97.9% below that level.
Which protocols are included in Threshold Network?
Threshold Network is a parent protocol whose tracked products include tBTC and Threshold thUSD.

