Overview
tBTC(tBTC)
Token Price$64,162
24h Change+3.5%
All Time HighOct 6, 2025$125,646
All Time LowSep 23, 2020$10,104
Key Metrics
Market Cap$324.22m
Fully Diluted Valuation$324.22m
Circ. Supply5,053 tBTC
Volume 24h$4.41m
CEX Volume$287.01
DEX Volume$7.26m
Risks
How much debt can be issued against tBTC as collateral across lending protocols.
Maximum possible exposure to tBTC
$133.31m
$80.03m (max additional borrows against tBTC) + $53.28m (bad debt if tBTC was hacked now)
Compound V3
$36.14m at-risk exposure = $1.2m bad debt if hacked + $34.94m additional borrowable against tBTC
Aave V3
$73.36m at-risk exposure = $50.63m bad debt if hacked + $22.73m additional borrowable against tBTC
Fluid
$22.36m at-risk exposure = $79,904 bad debt if hacked + $22.28m additional borrowable against tBTC
Morpho V1
$859,125 at-risk exposure = $780,391 bad debt if hacked + $78,734 additional borrowable against tBTC
SparkLend
$598,478 at-risk exposure = $598,478 bad debt if hacked + $0 additional borrowable against tBTC
Methodology and limitations
Showing collateral exposure for tBTC on onchain. Max Borrowableuses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
- Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.
Show exposure details
Each row is one protocol-chain exposure for tBTC as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Protocol | Chain | |||
|---|---|---|---|---|
tBTC0x18084fba666a33d37592fa2633fd49a74dd93a88 | $30.61m | $1.17m | ||
tBTC0x18084fba666a33d37592fa2633fd49a74dd93a88 | $22.28m | $79,904 | ||
tBTC0x18084fba666a33d37592fa2633fd49a74dd93a88 | $22.04m | $50.17m | ||
tbtc0x6c84a8f1c29108f47a79964b5fe888d4f4d0de40 | $4.14m | $26,151 | ||
tbtc0x6c84a8f1c29108f47a79964b5fe888d4f4d0de40 | $628,441 | $453,146 | ||
tBTC0x236aa50979d5f3de3bd1eeb40e81137f22ab794b | $195,285 | — | ||
tBTC0x18084fba666a33d37592fa2633fd49a74dd93a88 | $78,734 | $780,391 | ||
tBTC0x236aa50979d5f3de3bd1eeb40e81137f22ab794b | $64,375 | — | ||
tBTC0x18084fba666a33d37592fa2633fd49a74dd93a88 | $0 | $598,478 |
Markets
Token Usage
An is required to view token usage.
Liquidations
An is required to view token liquidations.
Yields
Showing 10 of 798 pools
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabUSDC-CBBTCCL2000 - 0.0332% | $5.07m | 310% | 293% | 320% | |||||
| open in new tabUSDC-CBBTCCL50 - 0.0088% | $3.98m | 376% | 265% | ||||||
| open in new tabUSDC-CBBTCCL1 - 0.0109% | $644,617 | 8168% | 11428% | ||||||
| open in new tabCBETH-CBBTCCL10 - 0.0322% | $630,870 | 435% | 411% | ||||||
| open in new tabWETH-CBBTCCL1 - 0.0085% | $280,540 | 1730% | 3590% | ||||||
| open in new tabCBBTC-CHAMP | $111,250 | 309% | 173% | ||||||
| open in new tabCBBTC-EDGEAerodrome | $49,621 | 502% | 140% | ||||||
| open in new tabUSDC-CBBTCCL1 - 0.01% | $45,954 | 1018% | 28318% | ||||||
| open in new tabWBTC-USDTCL - 10 | 🪂 | $36,146 | 14495% | 0% | 14495% | 13134% | |||
| open in new tabWBTC-WETHCL - 10 | 🪂 | $14,167 | 7779% | 0% | 7779% | 8406% |
Borrow
Showing 10 of 1048 routes
Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabSTBTC âžž MORPHO | $11.07m | 6.17% | 0% | 7.09% | 86.96% | $15.96m | $0 | ||
| open in new tabTBTC âžž MORPHO | $11.07m | 5.97% | 7.09% | 80% | $51,214 | $6,121 | |||
| open in new tabSTBTC âžž VVV | $731,572 | 15.47% | 0% | 17.79% | 86.96% | $15.96m | $0 | ||
| open in new tabTBTC âžž VVV | $731,572 | 14.53% | 17.79% | 80% | $51,214 | $6,121 | |||
| open in new tabTBTC âžž VVV | $731,572 | 14.23% | 0% | 17.79% | 80% | $4.1m | |||
| open in new tabTBTC âžž VVV | $731,572 | 14.23% | 0% | 17.79% | 80% | $2.47m | |||
| open in new tabTBTC âžž VVV | $731,572 | 14.23% | 0% | 17.79% | 80% | $1.04m | |||
| open in new tabTBTC âžž VVV | $731,572 | 14.23% | 0% | 17.79% | 80% | $204,695 | |||
| open in new tabTBTC âžž VVV | $731,572 | 14.23% | 0% | 17.79% | 80% | $82,976 | |||
| open in new tabTBTC âžž VVV | $731,572 | 12.99% | 0% | 17.79% | 73% | $130.28m | $460,401 |