tBTC (T)
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
TVL by chain
| Chain | TVL | Share |
|---|---|---|
| Bitcoin | $312.94M | 100.0% |
About tBTC
tBTC is a decentralized btc protocol deployed across 2 chains, led by Ethereum, Bitcoin. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare tBTC against the wider market on the live protocol rankings, or explore current yields across DeFi.
Official website: https://threshold.network/