tBTC Price, Live Chart & Market Cap

tBTC brings Bitcoin to Ethereum and Base, enabling yield, trading, and staking without centralized custody

Overview

tBTC brings native Bitcoin liquidity to smart contracts. Each tBTC equals one BTC secured by Threshold’s decentralized signer set. Users can mint tBTC, deploy it in a defi wallet, trade on any crypto exchange that supports ERC-20s, and redeem at any time. The design removes custodians and keeps fees low, making tBTC ideal for today’s Bitcoin yield strategies.

tBTC: Decentralized Bitcoin Bridge for DeFi

Utility & Use Cases TBTC

Stake and Earn

Deposit tBTC in Aave, Curve, or Yearn to collect interest, farming rewards, and T incentives.

Borrow with Bitcoin

Use tBTC as collateral on lending platforms to unlock stablecoins or altcoins without selling BTC.

DEX Liquidity

Add tBTC to AMM pools like Uniswap or Curve and earn trading fees while boosting pool volume.

Cross-Chain Access

Mint tBTC directly on Base or bridge it to Arbitrum, Optimism, or Solana for multi-chain DeFi exposure.

tBTC Technologies Overview

Threshold Cryptography

100-of-100 ECDSA keeps keys split among independent nodes, eliminating single-custodian risk.

Optimistic Minting

Fast deposits finalise within hours on Ethereum or seconds on Base, giving near-instant liquidity.

High Scalability

No hard cap on supply; the system is designed to bridge millions of BTC as demand grows.

Proof-of-Reserve Oracles

Live Chainlink feed (in progress) will broadcast BTC reserves for transparent collateral audits.

Low Fees

Minting is near zero and redemption sits at 0.2%, keeping the cost of moving Bitcoin competitive.

Funding

Thesis raised $7.7 M in 2020 by selling KEEP to Paradigm, a16z, Polychain, Draper, and others. Keep later merged with NuCypher to form Threshold, distributing the T token without a public sale. Investor capital funded audits, node incentives, and growth campaigns; every tBTC is user-minted, never pre-sold.

Roadmap

Native Minting on More L2s

Arbitrum and Optimism deployments targeted for 2025 to cut gas costs and widen market reach.

Chainlink Proof-of-Reserve

Integrating an on-chain BTC reserve oracle to unlock additional collateral listings and institutional use.

Threshold App-Chain Research

Community exploring a dedicated chain to coordinate signers and enable one-step Bitcoin bridging.

BitVM & Schnorr Upgrade

Long-term plan to harness advanced Bitcoin cryptography for even lower trust assumptions.

tBTC Security & Audit Reports

Multiple audits by ChainSecurity, Certik, and Least Authority back the code. 100-key threshold wallets, staked T slashing, and a multi-million-dollar coverage pool protect deposits. No funds have been lost since launch.

FAQ

How to mint tBTC?

Send BTC to the address shown by the dApp; tBTC appears in your wallet after confirmations.

How to redeem tBTC for BTC?

Burn tBTC via the dApp and wait for signers to release matching BTC to your chosen address.

What fees apply?

Minting is near zero; redemption costs about 0.2% plus network fees.

Which wallets support tBTC?

Any ERC-20 wallet such as MetaMask, Ledger, Trust Wallet, or Trezor can hold tBTC.

Is tBTC fully backed?

Yes. Each token is matched 1:1 with Bitcoin locked in threshold-secured wallets.

Can I earn profit with tBTC?

Provide liquidity, lend, or farm to collect interest, trading fees, and incentive tokens.

Why choose tBTC over WBTC?

tBTC removes the single custodian and offers open, permissionless minting secured by many nodes.

Top Crypto Exchanges to Trade tBTC (TBTC)

#	Exchange	Pair	Price	24h Volume
1	Uniswap V3 (Ethereum)	0X18084FBA.../0X2260FAC5...	~$1	$3,480,304
2	Aerodrome SlipStream	0X236AA509.../0XCBB7C000...	~$1	$676,750
3	Uniswap V3 (Arbitrum One)	0X6C84A8F1.../0X2F2A2543...	~$1	$298,694
4	Uniswap V3 (Arbitrum One)	0X6C84A8F1.../0X82AF4944...	~$27.88	$155,901
5	Meteora	6DNSN2BJSA.../3NZ9JMVBMG...	~$1	$101,047
6	Orca	3NZ9JMVBMG.../6DNSN2BJSA...	~$1.0019	$85,331
7	Velodrome SlipStream	0X6C84A8F1.../0X68F180FC...	~$1	$55,739
8	PancakeSwap V3 (Base)	0X236AA509.../0X42000000...	~$27.83	$18,320.03
9	Uniswap V3 (Base)	0X236AA509.../0X833589FC...	~$68,107.73	$5,755.4
10	Uniswap V3 (Optimism)	0X6C84A8F1.../0X68F180FC...	~$1	$4,239.21
11	Uniswap V3 (Optimism)	0X6C84A8F1.../0XDFA46478...	~$155,162.38	$1,530.88
12	Uniswap V3 (Polygon)	0X236AA509.../0X7CEB23FD...	~$27.81	$1,016.44
13	Uniswap V3 (Polygon)	0X236AA509.../0X1BFD6703...	~$1	$829.5
14	Orca	6DNSN2BJSA.../EPJFWDD5AU...	~$68,436.44	$730.92
15	Uniswap V3 (Base)	0X236AA509.../0X42000000...	~$27.82	$385.37
16	Orca	6DNSN2BJSA.../SO11111111...	~$426.44	$190
17	Curve (Ethereum)	0X18084FBA.../0X2260FAC5...	~$1	$174,465
18	Curve (Ethereum)	0X661C7033.../0X18084FBA...	~$1.0036	$238,799
19	Aerodrome SlipStream	0X236AA509.../0X42000000...	~$27.74	$166,855
20	Uniswap V3 (Ethereum)	0X18084FBA.../0X2260FAC5...	~$1	$34,747
21	Oku Trade (BOB Network)	0XBBA2EF94.../0X03C7054B...	~$1	$2,419.02
22	Velodrome SlipStream	0X6C84A8F1.../0X42000000...	~$27.75	$26,797
23	Velodrome Finance V2 (Optimism)	0X6C84A8F1.../0X68F180FC...	~$1	$2,549.95
24	Aerodrome (Base)	0X236AA509.../0X42000000...	~$27.9	$3,413.18
25	Aerodrome (Base)	0X236AA509.../0X833589FC...	~$68,198.72	$6,977.43
26	Curve (Base)	0X417AC0E0.../0X236AA509...	~$0.000015	$5,791.94
27	Velodrome Finance V2 (Optimism)	0X6C84A8F1.../0X42000000...	~$27.91	$3,355.8
28	Uniswap V3 (Base)	0X236AA509.../0XCBB7C000...	~$1	$5,578.6
29	Uniswap V3 (Ethereum)	0X18084FBA.../0XC02AAA39...	~$27.72	$1,482.47
30	Aerodrome (Base)	0X236AA509.../0XD9AAEC86...	~$68,160.31	$1,587.4
31	Kraken	TBTC/XBT	~$0.99	$954.4
32	Uniswap V3 (Optimism)	0X6C84A8F1.../0X68F180FC...	~$1	$584.29
33	Uniswap V3 (Base)	0X236AA509.../0X42000000...	~$27.73	$364.59
34	Uniswap V3 (Polygon)	0X236AA509.../0X1BFD6703...	~$1	$155.88
35	Meteora	6DNSN2BJSA.../EPJFWDD5AU...	~$68,144.76	$267.49
36	BaseSwap	0X236AA509.../0X42000000...	~$27.71	$52.04
37	Aerodrome (Base)	0X236AA509.../0XCACF1CA0...	~$553,830,613.025	$95.01
38	Orca	6DNSN2BJSA.../7VFCXTUXX5...	~$27.76	$56.76
39	Uniswap V3 (Polygon)	0X236AA509.../0X0D500B1D...	~$227,684.84	$53.54
40	Aerodrome (Base)	0X236AA509.../0X940181A9...	~$63,281.0084	$36.51
41	Raydium (CLMM)	6DNSN2BJSA.../SO11111111...	~$424.95	$33.42
42	Uniswap V3 (Arbitrum One)	0X6C84A8F1.../0X2F2A2543...	~$1	$24.28
43	Aerodrome (Base)	0X236AA509.../0XCBB7C000...	~$1	$294.22
44	Sushiswap V3 (Arbitrum)	0X6C84A8F1.../0X2F2A2543...	~$1	$311.24
45	Curve (Arbitrum)	0X6C84A8F1.../0X2F2A2543...	~$1	$79.97
46	VirtuSwap	0X236AA509.../0X7CEB23FD...	~$27.82	$12.94
47	Meteora	6DNSN2BJSA.../SO11111111...	~$425.73	$6.62
48	Kraken	TBTC/EUR	~$61,983.6	$509.93
49	Kraken	TBTC/USD	~$67,174	$436.61
50	Aerodrome SlipStream	0X236AA509.../0X833589FC...	~$67,819.78	$408,696
51	Balancer V2	0X18084FBA.../0XCDF7028C...	~$3,493,107.059	$3,424.31
52	Balancer V2 (Arbitrum)	0X6C84A8F1.../0X82AF4944...	~$27.77	$6.08
53	VirtuSwap (Arbitrum One)	0X6C84A8F1.../0X82AF4944...	~$27.79	$272.15
54	Balancer V2	0X18084FBA.../0X2260FAC5...	~$1	$4,583.78
55	Curve (Ethereum)	0X18084FBA.../0XCFC5BD99...	~$69,831.5	$701.65
56	Velodrome SlipStream	0X0B2C639C.../0X6C84A8F1...	~$0.000014	$1,399.88
57	Uniswap V3 (Base)	0X236AA509.../0X3816DD4B...	~$8,282,893.43	$58.75
58	Uniswap V3 (Optimism)	0X0B2C639C.../0X6C84A8F1...	~$0.000014	$1,444.06
59	Quickswap (v3)	0X236AA509.../0X7CEB23FD...	~$27.1	$10.58
60	Curve (Ethereum)	0XF939E0A0.../0X18084FBA...	~$0.000015	$5,508.8
61	Curve (Ethereum)	0X18084FBA.../0X7F39C581...	~$23.62	$5,244.77
62	Verse	0X18084FBA.../0X2260FAC5...	~$1	$102.23
63	Curve (Ethereum)	0X18084FBA.../0X853D955A...	~$68,487.45	$674.85
64	Curve (Ethereum)	0X18084FBA.../0X5E842234...	~$28.052	$4.98
65	Orca	6DNSN2BJSA.../EPJFWDD5AU...	~$69,471.63	$1.092
66	VirtuSwap	0X1BFD6703.../0X236AA509...	~$1.0043	$4.86
67	Uniswap V3 (Base)	0X236AA509.../0X2AE3F1EC...	~$25.68	$2.85
68	Komodo Wallet	KMD/TBTC	~$0.0000034	$48.35
69	BaseSwap V3	0X236AA509.../0X42000000...	~$27.69	$1.026
70	Curve (Arbitrum)	0X6C84A8F1.../0X2F2A2543...	~$1	$4,392.15
71	Matcha (Arbitrum One)	0X6C84A8F1.../0XAF88D065...	~$68,860.75	$4,139.21
72	VirtuSwap (Arbitrum One)	0X2F2A2543.../0X6C84A8F1...	~$1.0021	$7.3
73	Curve (Ethereum)	0X18084FBA.../0XCBB7C000...	~$0.99	$51,814
74	Curve (Optimism)	0X6C84A8F1.../0X68F180FC...	~$1	$477.34
75	Uniswap V2 (Ethereum)	0X8DAEBADE.../0XC02AAA39...	~$27.51	$2.43
76	Kyberswap Elastic (Polygon)	0X236AA509.../0X1BFD6703...	~$1	$2.94