What is tBTC?
tBTC allows you to unlock your Bitcoin’s value to borrow and lend, mint stablecoins, provide liquidity, and much more.
tBTC is a decentralized wrapped Bitcoin that is 1:1 backed by main-net BTC. Existing solutions bringing Bitcoin to Ethereum require you to send your Bitcoin to an intermediary, who then issues you an Ethereum token representing your original asset.
This centralized model requires you to trust a third party and is prone to censorship, sacrificing Bitcoin's promise of secure, permissionless decentralization.
How does tBTC solve this issue?
Instead of centralized intermediaries, tBTC uses a randomly selected group of operators running nodes on the Threshold Network to secure deposited Bitcoin through threshold cryptography.
That means tBTC requires a threshold majority agreement before operators perform any action with your Bitcoin. By rotating the selection of operators weekly, tBTC protects against any individual or group of operators colluding to fraudulently seize the underlying deposits.
By relying on an honest-majority-assumption, we can calculate the likelihood any wallet comprised of a quorum of dishonest operators. An insurance backstop (the coverage pools), serves as an emergency fallback in the event a wallet is compromised.
What is Threshold Network?
Threshold.network stems from the merger of NuCypher and Keep networks into a single decentralized network — it delivers a suite of threshold cryptography services for web3 applications through a decentralized network of staking nodes. The whole community is governed by a DAO.
Flagship services of Threshold Network include Threshold Access Control (TACo) – which enables end-to-end encrypted data sharing and communication without the need to trust a centralized authority, tBTC v2 - the only decentralized and permissionless Bitcoin-to-Ethereum asset bridge and thUSD - an overcollateralized and decentralized USD stablecoin that uses both ETH and tBTC as collateral.
Where is tBTC available for purchase?
You can exchange TBTC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading tBTC is Aerodrome SlipStream, notably the TBTC/CBBTC pair, which saw a trading volume of $ 1,50 MLN. in the past day. Additionally, Uniswap V3 (Ethereum) and Bluefin are popular alternatives for trading tokens.
What is the highest value tBTC (TBTC) has ever reached?
tBTC (TBTC) reached its peak price at 123,844 $ on 14 August 2025, approximately 5 days ago ago. Presently, the current price is -5.92% lower than this all-time high.
What is the historical minimum price for tBTC (TBTC)?
The minimum price reached for tBTC (TBTC) was 10,104.3 $, documented on 23 September 2020, more than 5 years ago. In comparison, the current price is 1,053.01%, it above this historical low.
What is the fully diluted valuation of tBTC (TBTC)?
The fully diluted valuation (FDV) of tBTC (TBTC) stands at $ 690,81 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of TBTC tokens. The realization of this FDV might take several years depending on the emission schedule of TBTC tokens.
How to add tBTC (TBTC) to MetaMask?
By integrating tBTC (TBTC) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import TBTC as a token. You can either manually import TBTC by copying its contract address (0x18084fba666a33d37592fa2633fd49a74dd93a88) or use MetaMask's Chrome extension to add TBTC with a single click through P.CASH.
How to add tBTC (TBTC) to TrustWallet?
Incorporating tBTC (TBTC) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include TBTC, you can either manually import it using the contract address (0x18084fba666a33d37592fa2633fd49a74dd93a88) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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