tBTC (Arbitrum)
tBTC
tBTC is a fully decentralized, Bitcoin-backed asset pegged to the price of BTC.
Risk Rating
Best
$62,677.00
6.47%
Summary
Information
Blockchain
- Arbitrum
Info
- Contract address
- Community
- Source Code
- Website
- Telegram
- Discord
- Asset Type: ERC-20
Key Metrics
- Market Cap: $184.9M
- Fully Diluted Valluation: $184.9M
- FDV / MC: 1
- Ranking inside Exponential (excluding stables): #54
- Circulating Supply: 2,941
- Total Supply: 2,941
- Volume (24H): $3.9M
- 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
tBTC Pools
