tBTC Logo

tBTC TBTC

tBTC header image

1. Summary

Limited data

  • 67% of the tBTC code repositories are forked (originally copied) from another project.

Ranks

Liquidity
98
Developer
63
Social
81
Momentum (beta)
78
Stack Rankā„¢
75
Price
52W High price $72,610.11
52W High date 14th Mar 2024 (9 months ago)
All Time High (ATH) Date 14th Mar 2024 (9 months ago)
ATH Price $72,610.00
% From ATH -8.15%
All Time Low (ATL) Date 23rd Sep 2020 (4 years ago)
ATL Price $10,104.30
% From ATL 560.03%
Supply & Trading Volume
Trading Volume (24h) $15.58M
Total Supply 4,138.00
Circulating Supply 4,138.00
Description

tBTC allows users to deposit and redeem BTC in DeFi without intermediaries. This is achieved through a decentralized solution that enables the transfer and use of BTC within the DeFi ecosystem without asking for permission. Each TBTC token is backed 1:1 by BTC and operates through a scalable, decentralized protocol.

tBTC allows users to deposit and redeem BTC in DeFi without intermediaries. This is achieved through a decentralized solution that enables the transfer and use of BTC within the DeFi ecosystem without asking for permission. Each TBTC token is backed 1:1 by BTC and operates through a scalable, decentralized protocol.

Key Features:

  • Deposit and Redemption: Users can deposit BTC and redeem TBTC tokens via a seamless process, with each TBTC token fully backed by BTC.
  • Decentralized Security: tBTC employs a threshold cryptography model, where a randomly selected group of node operators on the Threshold Network secure deposited Bitcoin, protecting against potential hacks and centralization.
  • Permissionless Access: Users can access the DeFi ecosystem without needing to trust intermediaries, aligning with the core principles of permissionless decentralization.
  • Open-Source and Community-Driven: tBTC is an open-source project with detailed documentation available, fostering a sense of community involvement and ensuring transparency in its operations.
2. Price

TBTC

2.1. Market Performance

How does tBTC's (TBTC) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

12.9%

TBTC

-6.7%

Similar Market Cap

60 Day Return

13.3%

TBTC

-13.7%

Similar Market Cap

1 Year Return

146.3%

TBTC

55.5%

Similar Market Cap

3. Developer Activity

We're monitoring 108 tBTC GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All tBTC Repos)

Commits vs. The Market

  • Past 4 weeks: 15 commits vs. an average of 1
  • Past 12 weeks: 80 commits vs. an average of 7
  • Past year: 480 commits vs. an average of 104

Most Active Repos

Past week 38
Past 12 weeks 75
Past year 1735
Past week 51
Past 12 weeks 222
Past year 1615
Past week 79
Past 12 weeks 440
Past year 801
Past week 0
Past 12 weeks 0
Past year 539
Past week 13
Past 12 weeks 40
Past year 347
Past week 1
Past 12 weeks 90
Past year 309

Top Developers 2024

In total, 219 developers have contributed to tBTC over the past year. Who are the most active tBTC developers, by commits, over the past year?

Related Projects

Developers working on tBTC also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 1,065
Active Reddit Users (past 24h) 10
Discord users
Active Discord Users
Telegram Users 6,537
Twitter followers 37,931
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://tbtc.network/
Explorer https://etherscan.io/token/0x8daebade922df735c38c8...
Twitter @TheTNetwork
reddit /r/thresholdnetwork
Whitepaper https://docs.keep.network/tbtc/index.pdf

What is the correct contract address for tBTC?

Base 0x236aa50979d5f3de3bd1eeb40e81137f22ab794b
Solana 6DNSN2BJsaPFdFFc1zP37kkeNe4Usc1Sqkzr9C9vPWcU
Ethereum 0x18084fba666a33d37592fa2633fd49a74dd93a88
Polygon-pos 0x236aa50979d5f3de3bd1eeb40e81137f22ab794b
Arbitrum-one 0x6c84a8f1c29108f47a79964b5fe888d4f4d0de40
Optimistic-ethereum 0x6c84a8f1c29108f47a79964b5fe888d4f4d0de40

Has tBTC been audited for security?

No security audits found for this project.

Are you the owner of tBTC? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.