tBTC / WBTC 0.01% tBTC
tBTC/USD price action, 96 candles at 15m. Data refreshes on every page load.
What is tBTC / WBTC 0.01% (tBTC)?
tBTC / WBTC 0.01% (tBTC) is a token trading on Ethereum at $63,388.28. Its main pool holds $2.43M of liquidity on Uniswap V3, paired against WBTC. Over the last 24 hours tBTC has fallen -1.25% on $2.25M of trading volume across 219 transactions.
The pair was created 832 days ago (May 3, 2024). Price, liquidity and volume on this page are read directly from on-chain pool data.
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.
tBTC price performance
| Period | Change | Period | Change |
|---|---|---|---|
| 5 minutes | - | 7 days | - |
| 1 hour | - | 30 days | - |
| 6 hours | - | From ATH | - |
| 24 hours | -1.25% | From ATL | - |
tBTC history: the key events, on-chain
tBTC tokenomics and supply
Supply data for tBTC is not fully reported on-chain, so treat valuation figures with caution.
On-chain analysis: tBTC Dexonomics Safety Score
The Dexonomics Safety Score is our own read of a token's on-chain health, computed from liquidity depth, volume quality, buy/sell balance and pair age. tBTC scores 95/100 (Grade A).
What moves the tBTC price?
tBTC is a Ethereum token, so its price is set entirely by what happens in its liquidity pools rather than by any order book. Volume sits at roughly 0.9 times pool liquidity, a fairly typical ratio for an actively traded pair. The main drivers are the depth of that pool, how concentrated the holder base is, general Ethereum market conditions, and social attention. For a token with a A grade, position size discipline matters more than any price prediction.
tBTC to USD converter
| tBTC | USD |
|---|---|
| 1,000 tBTC | $63.39M |
| 10,000 tBTC | $633.88M |
| 100,000 tBTC | $6.34B |
| 1.00M tBTC | $63.39B |
| 1.00B tBTC | $63388.28B |
| USD | tBTC |
|---|---|
| $10 | 0 tBTC |
| $100 | 0 tBTC |
| $1,000 | 0.02 tBTC |
| $10,000 | 0.16 tBTC |
| $100,000 | 1.58 tBTC |
tBTC markets and top pools
| Pool | DEX | Liquidity | 24h volume |
|---|---|---|---|
| tBTC / WBTC | Curve | $8.51M | $1.05M |
| tBTC / cbBTC 0.01% | Uniswap V4 Ethereum | $1.45M | $4.01M |
| tBTC / WBTC 0.01% | Uniswap V3 | $2.44M | $1.98M |
| crvUSD / tBTC / wstETH | Curve | $3.95M | $192.1K |
| tBTC / WBTC 0.05% | Uniswap V3 | $1.44M | $32.6K |
| tBTC / WBTC 0.01% | Ekubo V3 Ethereum | $160.2K | $133.0K |
| tBTC / cbBTC | Curve | $426.8K | $39.5K |
| EBTC / tBTC | Curve | $147.9K | $2.4K |
Liquidity spread across several pools generally means a healthier market: a single pool is easier to drain or manipulate than four.
How to buy tBTC
- Get a Ethereum wallet. Install MetaMask or Rabby and fund it with ETH.
- Open a DEX. tBTC trades mainly on Uniswap V3. Paste the contract address rather than searching the ticker: names can be copied by scam tokens.
- Verify the contract. Check it against the address on this page:
0x18084fba666a33d37592fa2633fd49a74dd93a88 - Set slippage sensibly. With $2.43M of liquidity, moderate orders should fill without extreme slippage, but size still matters.
- Confirm and review. After the swap, verify the tokens landed and that you can sell a small amount back. If a sell fails, treat it as a honeypot.
How to trade tBTC safely
- Size against liquidity, not conviction. The pool holds $2.43M. A trade worth more than roughly 1% of that will move the price against you.
- Test the exit first. Buy a small amount, then immediately sell part of it. Tokens that block sells are the single most common trap.
- Watch the buy/sell balance. Currently 77 buys against 142 sells in 24 hours. A rough balance between the two suggests the market functions in both directions.
- Check the age. This pair is 832 days ago. Most rug pulls happen within the first hours of a pool going live.
- Never invest more than you can lose. Low-cap tokens can go to zero, and frequently do.
tBTC FAQ
What is the price of tBTC today?
tBTC / WBTC 0.01% (tBTC) trades at $63,388.28, fallen -1.25% over the last 24 hours.
Is tBTC safe to buy?
tBTC scores 95 out of 100 (Grade A) on the Dexonomics Safety Score, computed from liquidity, volume quality, buy/sell balance and pair age. No mechanical red flags were detected, which is not a guarantee of safety.
How much liquidity does tBTC have?
The tracked pool holds $2.43M of liquidity. Liquidity determines how much you can trade before moving the price and how easily you can exit.
Where can I buy tBTC?
tBTC trades on Ethereum, mainly through Uniswap V3, across 20 tracked pools. Always paste the contract address instead of searching by ticker.
What is the 24 hour trading volume of tBTC?
tBTC has traded $2.25M in the last 24 hours across 219 transactions, split 77 buys and 142 sells.
When was tBTC launched?
The tracked tBTC pool was created 832 days ago, on May 3, 2024.
Could tBTC be a honeypot?
Sells are going through (142 in the last 24 hours), which means the token is not blocking exits at this time. Always test a small sell first.