tBTC (T)

Total Value Locked

$240.4m

Chain Breakdown
Bitcoin	$240.4m
Ethereum	$0

	$3.2m

TVLBridge VolumeUSD InflowsTweets

USD BTC

Protocol Information

tBTC is Threshold's decentralized and permissionless bridge to bring BTC to the Ethereum network. tBTC has been designed to allow bitcoin holders to participate in Ethereum's Decentralized Finance (DeFi) applications. Users wishing to utilize their bitcoin on Ethereum can use the tBTC decentralized bridge to deposit their bitcoin into the system and get a minted tBTC token in their Ethereum wallet

Category:Bridge

Audits

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Token Information

Address:0xcdf702...94bee5

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Methodology

TVL: BTC on btc chain

TVL code

Competitors

WBTC ($9.363b)Binance Bitcoin ($4.227b)SolvBTC ($1.069b)Merlins Seal ($1.019b)Lombard ($509.65m)JustCryptos ($3.198b)Portal ($3.085b)Free Protocol ($1.031b)Hyperliquid Bridge ($611.5m)Core Bitcoin Bridge ($352.79m)