About tBTC V2
tBTC is a decentralized wrapped Bitcoin that is 1:1 backed by mainnet BTC. Unlike other wrapped Bitcoins, the BTC that backs tBTC is not held by a central intermediary, but is instead held by a decentralized network of nodes using threshold cryptography. tBTC is trust minimized and redeemable for mainnet BTC without a centralized custodian. It can be used across the entire DeFi ecosystem. tBTC can be used as collateral, liquidity, a store of value, and can be integrated with DeFi apps across all blockchains. As with other BTC wrappers, tBTC provides cryptocurrency traders and general users with a non-volatile BTC token, that can be used to generate yield whilst holding mainnet BTC.
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Trading Insights
Traders
320
Market Stats
Market Cap
$509.20M
-0.42%
FDV
$509.20M
Circ. Supply
4.9K TBTC
Max Supply
Not enough data
Total Supply
4.9K TBTC
Diluted Valuation
$479.16M
Performance
Popularity
Not enough data
Dominance
0.02%
Volume (24H)
$4.76M
-28.48%
Volume (7D)
$32.19M
Volume (30D)
$141.79M
All time high
$111.69K
Price Change (1Y)
51.31%
Additional info about tBTC V2
Recent trends
The latest TBTC price is $103,864.38. Compared to tBTC V2's value of $104,260.09 from 24 hours ago, there's been a -0% decrease, while the current price is -5% down from $109,667.57 which was recorded one week ago. tBTC V2's all time high is $111,686.21, which was reached on May 22, 2025. This is a -7% change from its price today.
The market cap is currently $509.20M, which is a result of multiplying the current price of tBTC V2($103,864.38) by the total supply(4,911 TBTC). The fully diluted valuation of tBTC V2 is $509.20M. The diluted valuation of tBTC V2 is $509.20M.
Market details
TBTC vs markets
↗ 15.07%
TBTC vs BTC
↗ 0.12%
TBTC vs ETH
↗ 128.58%
Tags
defi
rehypothecated-crypto
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x18084fbA666a33d37592fA2633fD49a74DD93a88 | |
Polygon | 0x236aa50979D5f3De3Bd1Eeb40E81137F22ab794b | |
Solana | 6DNSN2BJsaPFdFFc1zP37kkeNe4Usc1Sqkzr9C9vPWcU | |
Optimism | 0x6c84a8f1c29108F47a79964b5Fe888D4f4D0dE40 |
Price history
Time | Price | Change |
|---|---|---|
Today | $103,864.38 | ↘ 0.48% |
1 Day | $104,260.09 | ↘ 0.48% |
1 Week | $109,667.57 | ↘ 5.39% |
1 Month | $96,710.19 | ↗ 7.29% |
1 Year | $68,572.88 | ↗ 51.31% |
FAQ
We update our tBTC V2 to USD currency in real-time. Get the live price of tBTC V2 on Coinbase.
The current market cap of tBTC V2 is $509.20M. A high market cap implies that the asset is highly valued by the market.
The all-time high of tBTC V2 is $111,686.21. This all-time high is highest price paid for tBTC V2 since it was launched.
Over the last 24 hours, the trading volume of tBTC V2 is $4.76M.
Assets that have a similar market cap to tBTC V2 include Bitcoin Avalanche Bridged, Venus BNB, Mantle Restaked Ether, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of tBTC V2 is 4.9 thousand.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
tBTC V2 news
tBTC V2 calculator
1 tBTC V2 (TBTC) to Canadian Dollar (CAD)
CA$142,325.15
1 tBTC V2 (TBTC) to British Pound (GBP)
£76,811.44
1 tBTC V2 (TBTC) to Japanese Yen (JPY)
¥14,855,709.87
1 tBTC V2 (TBTC) to Indian Rupee (INR)
₹8,869,891.37
1 tBTC V2 (TBTC) to Real (BRL)
R$589,522.08
1 tBTC V2 (TBTC) to Euro (EUR)
€91,039.35
1 tBTC V2 (TBTC) to Nigerian Naira (NGN)
NGN 164,383,733.36
1 tBTC V2 (TBTC) to South Korean Won (KRW)
₩143,159,947.22
1 tBTC V2 (TBTC) to Singapore Dollar (SGD)
S$133,669.10
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.