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
3.9%
Yield
$313K
TVL
Risk
D
Protocol
Yearn V2
Chain
Optimism
Yearn BTC-ETH Market Making
25.1%
Yield
$158K
TVL
Risk
D
Protocol
Yearn V2
Chain
Optimism