Logo of tzBTCtzBTC
Total Value Locked$53.73m

TVL by Chain

Bitcoin$53.73m

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.

Category:Bridge
WebsiteTwitter

Methodology

TVL: BTC wallets on bc1q2f0tczgrukdxjrhhadpft2fehzpcrwrz549u90View code on GitHub

Competitors

WBTC ($8.249b)Coinbase Bridge ($7.063b)Binance Bitcoin ($4.93b)Unit ($640.29m)Function FBTC ($619m)Kraken Bitcoin ($544.84m)SolvBTC ($469.07m)Lorenzo enzoBTC ($443.08m)Merlins Seal ($392.57m)Stacks sBTC ($178.46m)

Frequently Asked Questions

What is tzBTC?

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.

What is tzBTC's TVL?

tzBTC currently has $53.73m in total value locked. TVL has increased 10.3% 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 #32 by TVL. The category holds $48.78b across 154 protocols, and tzBTC accounts for 0.1% of that total. Other leading protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Function FBTC, Kraken Bitcoin, SolvBTC, Lorenzo enzoBTC, Merlins Seal, and Stacks sBTC.