tBTC (Ethereum)

tBTC

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

Risk Rating
Best
$62,330.00
2.82%
Summary
Information
Blockchain
  • Ethereum
Key Metrics
  • Market Cap: $113.6M
  • Fully Diluted Valluation: $113.6M
  • FDV / MC: 1
  • Ranking inside Exponential (excluding stables): #68
  • Circulating Supply: 1,824
  • Total Supply: 1,824
  • Volume (24H): $7M
  • 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, a protocol 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

Threshold Bridge

Things to know about tBTC
tBTC Pools
Curve TricryptoLLAMA Market Making
9.1%
Yield
$12M
TVL
Risk
C
Protocol
Curve
Chain
Ethereum
Convex TricryptoFRAX Market Making
16.5%
Yield
$497K
TVL
Risk
D
Protocol
Convex
Chain
Ethereum
Yearn TricryptoLLAMA Market Making
20.4%
Yield
$203K
TVL
Risk
C
Protocol
Yearn
Chain
Ethereum