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tBTC v1

tBTC v1

TBTCV1

Key Stats

Total Supply4.00 TBTCV1
Max Supply∞
Launch Date2020-09-15
Built OnETH
Token StandardERC20
Smart Contract Address0x8dae…5faa
Decimal Places18

tBTC v1 Information

Websites
tbtc.network
Industries
Wrapped Collateral
Parent Asset
TBTC

tBTC v1 Price Converter

tBTC v1TBTCV1
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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
TBTCERC20ETH0x8daebade922df735c38c80c7ebd708af50815faa2020-09-15

About tBTC v1

tBTC (TBTC) is an Ethereum-based token that mirrors Bitcoin's value, allowing Bitcoin holders to engage with the Ethereum DeFi ecosystem. Developed by Keep Network and Summa, TBTC is fully backed by Bitcoin reserves and provides additional financial utility for Bitcoin holders.

Frequently Asked Questions

tBTC (TBTC) is an ERC-20 token that represents Bitcoin (BTC) on the Ethereum blockchain. It allows Bitcoin holders to utilise their BTC within the Ethereum ecosystem, including decentralised finance (DeFi) applications. Each TBTC token is fully backed by an equivalent amount of Bitcoin, which is held in reserve and can be redeemed at any time.

tBTC (TBTC) is primarily used to bring Bitcoin liquidity to the Ethereum blockchain. This enables Bitcoin holders to participate in the Ethereum DeFi ecosystem, including lending, borrowing, and trading on decentralised exchanges (DEXs). TBTC can also be used as collateral in various DeFi protocols, providing Bitcoin holders with additional financial utility while maintaining the value of their BTC holdings.

tBTC is an open-source project supported by groups including Keep, Summa and the Cross-Chain Group.