tBTC (Optimism)

tBTC

tBTC is a fully decentralized, Bitcoin-backed asset pegged to the price of BTC.

Risk Rating
Best
Summary
Information
Blockchain
  • Optimism
Info
  • Asset Type: ERC-20
Key Metrics
Risk Assessment
Best
Asset Strength

tBTC is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Threshold Bridge and Portal (Wormhole) bridge, which are protocols both rated as Watch out.

Asset Tokenomics

tBTC has a fixed supply. tBTC is a permissionless, DeFi-compatible version of Bitcoin. It is backed 1:1 by BTC locked on the Threshold bridge and secured by Threshold's network of node operators.

Dependencies

Portal Bridge


Threshold Bridge

Things to know about tBTC
tBTC Pools
Yearn BTC Market Making
4%
Yield
$389K
TVL
Risk
D
Protocol
Yearn V2
Chain
Optimism
Yearn BTC-ETH Market Making
23.7%
Yield
$129K
TVL
Risk
D
Protocol
Yearn V2
Chain
Optimism