tBTC (Optimism)

tBTC

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

Risk Rating

Watch Out

$98,323.00

-0.24%

What is tBTC (Optimism)?

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Information

Blockchain

Optimism

Info

Key Metrics

Market Cap: $499.3M
Fully Diluted Valluation: $499.3M
FDV / MC: 1
Ranking inside Exponential (excluding stables): #35
Circulating Supply: 5,088
Total Supply: 5,088
Volume (24H): $25M
ATH: $99,398.00 (11/22/2024)
ATL: $10,104.30 (09/23/2020)

Risk Assessment

Watch Out

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.

Dependencies

Portal Bridge

Threshold Bridge

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.

Things to know about tBTC