tBTC (Optimism)

tBTC

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

Risk Rating

Best

$68,036.00

3.76%

Summary

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Information

Blockchain

Optimism

Info

Key Metrics

Market Cap: $213.2M
Fully Diluted Valluation: $213.2M
FDV / MC: 1
Ranking inside Exponential (excluding stables): #51
Circulating Supply: 3,134
Total Supply: 3,134
Volume (24H): $6.2M
ATH: $146,117.00 (05/09/2022)
ATL: $3,754.11 (12/28/2022)

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