tBTC
tBTC is Threshold's decentralized and permissionless bridge to bring BTC to the Ethereum network. tBTC has been designed to allow bitcoin holders to participate in Ethereum's Decentralized Finance (DeFi) applications. Users wishing to utilize their bitcoin on Ethereum can use the tBTC decentralized bridge to deposit their bitcoin into the system and get a minted tBTC token in their Ethereum wallet
Key facts
- Category
- Decentralized BTC
- Chains
- 2
- Token
- T
- Oracles
- —
- Audits
- 2
- Listed
- Feb 2023
Similar Decentralized BTC protocols
How this TVL is counted
BTC on btc chain
Frequently asked questions
What is tBTC’s TVL?
tBTC has $344.36M in total value locked, -0.85% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.
Which chains is tBTC on?
tBTC runs on 2 chains; the most value sits on Bitcoin ($344.36M).
What kind of protocol is tBTC?
tBTC is listed under Decentralized BTC, where it ranks #1 by TVL.
Data aggregated from public third-party market sources. For informational purposes only — not investment advice.