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tzBTC

Total Value Locked$9.61m

TVL by Chain

Bitcoin$9.61m

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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

Methodology

TVL: BTC wallets on bc1q2f0tczgrukdxjrhhadpft2fehzpcrwrz549u90View code on GitHub

Competitors

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

DateTVL
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

DateTVL
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.