Ask about tzBTC

Logo of tzBTCtzBTC

Total Value Locked$10.34m

TVL by Chain

Bitcoin$10.34m

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.

WebsiteX/Twitter
Category:Bridge

Methodology

TVL: BTC wallets on bc1q2f0tczgrukdxjrhhadpft2fehzpcrwrz549u90View code on GitHub

Competitors

WBTC ($9.97b)Coinbase Bridge ($8.516b)Binance Bitcoin ($5.836b)Unit ($1.074b)Kraken Bitcoin ($818.59m)Function FBTC ($712.41m)SolvBTC ($547.02m)Lorenzo enzoBTC ($515.51m)Merlins Seal ($457.4m)Nexus BTC ($262.03m)

Frequently Asked Questions

What is tzBTC's TVL?

tzBTC currently has $10.34m in total value locked. TVL has increased 7.4% 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 $61.187b across 154 protocols, and tzBTC accounts for <0.1% of that total. Other leading protocols include WBTC, Coinbase Bridge, Binance Bitcoin, Unit, Kraken Bitcoin, Function FBTC, SolvBTC, Lorenzo enzoBTC, Merlins Seal, and Nexus BTC.