Protocol Information
tzBTC is a wrapped Bitcoin token on Tezos, backed 1:1 by BTC and issued through a multi-signature keyholder system that enables auditable minting and burning.
Methodology
TVL: BTC wallets on bc1q2f0tczgrukdxjrhhadpft2fehzpcrwrz549u90View code on GitHubCompetitors
tzBTC history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 16, 2025 to Oct 26, 2026.
All-time high TVL: $99.03m on Aug 14, 2025. All-time low TVL: $9.16m on Sep 16, 2026.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $10.19m |
| Sep 28, 2026 | $10.18m |
| Sep 29, 2026 | $10.07m |
| Sep 30, 2026 | $10.12m |
| Oct 1, 2026 | $10.1m |
| Oct 2, 2026 | $10.25m |
| Oct 3, 2026 | $10.22m |
| Oct 4, 2026 | $10.24m |
| Oct 5, 2026 | $10.44m |
| Oct 6, 2026 | $10.38m |
| Oct 7, 2026 | $10.33m |
| Oct 8, 2026 | $10.06m |
| Oct 9, 2026 | $9.88m |
| Oct 10, 2026 | $9.98m |
| Oct 11, 2026 | $10.02m |
| Oct 12, 2026 | $10.11m |
| Oct 13, 2026 | $9.85m |
| Oct 14, 2026 | $10.08m |
| Oct 15, 2026 | $9.86m |
| Oct 16, 2026 | $9.95m |
| Oct 17, 2026 | $9.85m |
| Oct 18, 2026 | $9.85m |
| Oct 19, 2026 | $9.95m |
| Oct 20, 2026 | $9.85m |
| Oct 21, 2026 | $10.02m |
| Oct 22, 2026 | $10.18m |
| Oct 23, 2026 | $9.8m |
| Oct 24, 2026 | $9.74m |
| Oct 25, 2026 | $9.75m |
| Oct 26, 2026 | $9.67m |
TVL at each month end, Jun 2025 to Oct 2026
| Date | TVL |
|---|---|
| Jun 30, 2025 | $86.58m |
| Jul 31, 2025 | $94.19m |
| Aug 31, 2025 | $86.99m |
| Sep 30, 2025 | $91.35m |
| Oct 31, 2025 | $79.69m |
| Nov 30, 2025 | $66.74m |
| Dec 31, 2025 | $64.79m |
| Jan 31, 2026 | $61.77m |
| Feb 28, 2026 | $48.33m |
| Mar 31, 2026 | $48.89m |
| Apr 30, 2026 | $56m |
| May 31, 2026 | $54.18m |
| Jun 30, 2026 | $44.73m |
| Jul 31, 2026 | $48.06m |
| Aug 31, 2026 | $9.42m |
| Sep 30, 2026 | $10.12m |
| Oct 26, 2026 (latest) | $9.67m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/tzbtc
Frequently asked questions
What is tzBTC's TVL?
As of Oct 26, 2026, tzBTC has $9.61m in total value locked. TVL has decreased 5.4% over the past 30 days.
What chains does tzBTC operate on?
tzBTC operates on Bitcoin. Bitcoin holds the largest share at 100%.
How does tzBTC's TVL compare to similar protocols?
Among Bridge protocols tracked by DefiLlama, tzBTC ranks #50 by TVL. The category holds $62.446b across 158 protocols, and tzBTC accounts for <0.1% of that total. Similar protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Kraken Bitcoin, Function FBTC, SolvBTC, Lorenzo enzoBTC, Merlins Seal, and Nexus BTC.