Equity Overview
Price & Market Data
Price: $88,957
Daily Change: -$870.5 / 0.98%
Daily Range: $88,957 - $90,549
Market Cap: $565,617,027
Daily Volume: 894,039
Details
tBTC is a fully Bitcoin-backed ERC-20 token that’s trustlessly backed by and redeemable for Bitcoin (BTC). In other words, it’s a way for users to deposit their Bitcoin and mint Bitcoin tokens on Ethereum without a middleman or KYC.tBTC makes it possible for Bitcoin holders to tap into Ethereum’s growing list of decentralized finance (DeFi) DApps. For example, smart contract developers could integrate tBTC into their DApps as collateral. Thus, enabling Bitcoin holders to be able to borrow against their BTC. Or, even something as simple as Bitcoin can now be trustlessly listed on decentralized exchanges (DEXes).tBTC is an open-source project supported by groups including Keep, Summa and the Cross-Chain Group.Discord