Today tBTC (TBTC) is traded on 9 exchanges, including Uniswap (v3), Curve (Ethereum), Aerodrome SlipStream, Bluefin and others. The maximum trading volume is observed for the trading pair TBTC/WBTC and reaches 12.3 mln. dollars (75% of the total volume across all exchanges). During the week, the minimum price for tBTC (TBTC) is fixed on Tuesday at 89,619 dollars. Currently, the token tBTC is trading in the range of 89,851 dollar or 1.31 rubles for 1 TBTC.
TBTC tBTC
Price of tBTC (TBTC)
Exchanges where TBTC is traded
| Exchange | Pair | Price | Volume, 24h | ||
|---|---|---|---|---|---|
| 1 |
Uniswap V3 (Ethereum)
|
TBTC/WBTC |
$ 89,451
WBTC 1.0021
|
$ 8,863,251 | Go |
| 2 |
Curve (Ethereum)
|
TBTC/WBTC |
$ 89,588
WBTC 1.0019
|
$ 2,900,150 | Go |
| 3 |
Uniswap V3 (Ethereum)
|
TBTC/CBBTC |
$ 89,751
CBBTC 0.9995
|
$ 1,442,219 | Go |
| 4 |
Curve (Ethereum)
|
TBTC/CBBTC |
$ 88,650
CBBTC 0.9998
|
$ 899,391 | Go |
| 5 |
Aerodrome SlipStream
|
TBTC/CBBTC |
$ 89,951
CBBTC 0.9991
|
$ 469,685 | Go |
| 6 |
Bluefin
|
TBTC/WBTC |
$ 90,436
WBTC 1.0014
|
$ 436,843 | Go |
| 7 |
Hydration
|
TBTC/H2O |
$ 90,436
H2O 7,637.03
|
$ 371,143 | Go |
| 8 |
Curve (Arbitrum)
|
TBTC/WBTC--10 |
$ 89,527
WBTC--10 1.0020
|
$ 202,529 | Go |
| 9 |
Hydrex Integral
|
TBTC/CBBTC |
$ 90,038
CBBTC 0.9992
|
$ 198,852 | Go |
| 10 |
Uniswap V3 (Optimism)
|
TBTC/WBTC |
$ 90,252
WBTC 1.0017
|
$ 122,694 | Go |
Calculator TBTC
1 TBTC = 89,851 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