Overview
tBTC(tBTC)
Token Price$63,707
24h Change+0.017%
All Time HighOct 6, 2025$125,646
All Time LowSep 23, 2020$10,104
Key Metrics
Market Cap$321.07m
Fully Diluted Valuation$321.07m
Circ. Supply5,040 tBTC
Volume 24h$316,871
CEX Volume$492.98
DEX Volume$1.26m
Risks
How much debt can be issued against tBTC as collateral across lending protocols.
Maximum possible exposure to tBTC
$127.56m
$75.19m (max additional borrows against tBTC) + $52.37m (bad debt if tBTC was hacked now)
Compound V3
$30.93m at-risk exposure = $1.2m bad debt if hacked + $29.74m additional borrowable against tBTC
Aave V3
$72.97m at-risk exposure = $49.7m bad debt if hacked + $23.28m additional borrowable against tBTC
Fluid
$22.15m at-risk exposure = $87,909 bad debt if hacked + $22.06m additional borrowable against tBTC
Morpho V1
$894,685 at-risk exposure = $780,154 bad debt if hacked + $114,531 additional borrowable against tBTC
SparkLend
$606,248 at-risk exposure = $606,248 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 | $25.32m | $1.17m | ||
tBTC0x18084fba666a33d37592fa2633fd49a74dd93a88 | $22.58m | $49.24m | ||
tBTC0x18084fba666a33d37592fa2633fd49a74dd93a88 | $22.06m | $87,909 | ||
tbtc0x6c84a8f1c29108f47a79964b5fe888d4f4d0de40 | $4.23m | $26,151 | ||
tbtc0x6c84a8f1c29108f47a79964b5fe888d4f4d0de40 | $625,494 | $453,778 | ||
tBTC0x236aa50979d5f3de3bd1eeb40e81137f22ab794b | $193,578 | — | ||
tBTC0x18084fba666a33d37592fa2633fd49a74dd93a88 | $114,531 | $780,154 | ||
tBTC0x236aa50979d5f3de3bd1eeb40e81137f22ab794b | $68,018 | — | ||
tBTC0x18084fba666a33d37592fa2633fd49a74dd93a88 | $0 | $606,248 |
Markets
Token Usage
An is required to view token usage.
Liquidations
An is required to view token liquidations.
Yields
Showing 10 of 789 pools
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabUSDC-CBBTCCL50 - 0.0137% | $3.89m | 225% | 258% | ||||||
| open in new tabUSDC-CBBTCCL1 - 0.0181% | $719,644 | 8519% | 11273% | ||||||
| open in new tabUP-CBBTCCL100 - 1% | $657,309 | 217% | 315% | ||||||
| open in new tabCBETH-CBBTCCL10 - 0.03% | $535,920 | 498% | 401% | ||||||
| open in new tabWETH-CBBTCCL1 - 0.0085% | $296,029 | 1546% | 3640% | ||||||
| open in new tabCBBTC-CHAMP | $108,142 | 322% | 154% | ||||||
| open in new tabCBBTC-EDGEAerodrome | $48,759 | 562% | 104% | ||||||
| open in new tabUSDC-CBBTCCL1 - 0.01% | $43,420 | 1669% | 26609% | ||||||
| open in new tabWBTC-USDTCL - 10 | 🪂 | $35,815 | 14348% | 0% | 14348% | 13909% | |||
| open in new tabWBTC-WETHCL - 10 | 🪂 | $13,419 | 4378% | 0% | 4378% | 8452% |
Borrow
Showing 10 of 1048 routes
Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabSTBTC âžž MORPHO | $10.78m | 6.62% | 0% | 7.62% | 86.96% | $15.78m | $0 | ||
| open in new tabTBTC âžž MORPHO | $10.78m | 6.40% | 7.62% | 80% | $50,713 | $6,061 | |||
| open in new tabSTBTC âžž VVV | $715,829 | 16.98% | 0% | 19.53% | 86.96% | $15.78m | $0 | ||
| open in new tabTBTC âžž VVV | $715,829 | 15.93% | 19.53% | 80% | $50,713 | $6,061 | |||
| open in new tabTBTC âžž VVV | $715,829 | 15.63% | 0% | 19.53% | 80% | $4.07m | |||
| open in new tabTBTC âžž VVV | $715,829 | 15.63% | 0% | 19.53% | 80% | $2.45m | |||
| open in new tabTBTC âžž VVV | $715,829 | 15.63% | 0% | 19.53% | 80% | $1.03m | |||
| open in new tabTBTC âžž VVV | $715,829 | 15.63% | 0% | 19.53% | 80% | $203,321 | |||
| open in new tabTBTC âžž VVV | $715,829 | 15.63% | 0% | 19.53% | 80% | $82,419 | |||
| open in new tabTBTC âžž VVV | $715,829 | 14.26% | 0% | 19.53% | 73% | $128.39m | $457,303 |