Today tBTC (TBTC) is traded on 8 exchanges, including Aerodrome SlipStream, Uniswap (v3), Uniswap (Arbitrum One), Curve (Arbitrum) and others. The maximum trading volume is observed for the trading pair TBTC/CBBTC and reaches 5.2 mln. dollars (29% of the total volume across all exchanges). During the week, the minimum price for tBTC (TBTC) is fixed on Friday at 94,971 dollar. Currently, the token tBTC is trading in the range of 96,598 dollars or 9,927,852 ruble for 1 TBTC.
TBTC tBTC
Price of tBTC (TBTC)
Exchanges where TBTC is traded
Exchange | Pair | Price | Volume, 24h | ||
---|---|---|---|---|---|
1 | Aerodrome SlipStream | TBTC/CBBTC |
$ 96,420
CBBTC 0.9974
|
$ 4,492,489 | Go |
2 | Uniswap V3 (Ethereum) | TBTC/WBTC |
$ 96,316
WBTC 1.0004
|
$ 4,318,518 | Go |
3 | Uniswap V3 (Arbitrum One) | TBTC/WBTC--10 |
$ 95,841
WBTC--10 1.0013
|
$ 3,679,307 | Go |
4 | Aerodrome SlipStream | TBTC/WETH--16 |
$ 96,415
WETH--16 28.77
|
$ 1,167,209 | Go |
5 | Aerodrome SlipStream | TBTC/USDC |
$ 96,418
USDC 96,414.18
|
$ 865,346 | Go |
6 | Curve (Arbitrum) | TBTC/WBTC--10 |
$ 96,900
WBTC--10 1.0015
|
$ 761,199 | Go |
7 | PancakeSwap V3 (Arbitrum) | TBTC/WBTC--10 |
$ 96,531
WBTC--10 1.0013
|
$ 591,994 | Go |
8 | Uniswap V3 (Arbitrum One) | TBTC/WETH--13 |
$ 95,859
WETH--13 28.79
|
$ 553,145 | Go |
9 | Uniswap V3 (Base) | TBTC/CBBTC |
$ 96,391
CBBTC 0.9974
|
$ 547,359 | Go |
10 | Uniswap V3 (Optimism) | TBTC/WBTC--12 |
$ 95,768
WBTC--12 1.0011
|
$ 409,374 | Go |
Calculator TBTC
1 TBTC = 96,598 USD
What is tBTC?
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.
Official websites and links for tBTC
There are currently about 5 official links to tBTC websites and social media:
- Website - threshold.network
- Twitter - twitter.com/TheTNetwork
- Reddit - reddit.com/r/thresholdnetwork
- Facebook - facebook.com/ThresholdNetwork
- GitHub - github.com/keep-network/tbtc