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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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7/17/2025, 10:54:34 PM

Trading Insights

Traders

536

Searched

4

Market Stats

Market Cap

$708.94M

1.1%

FDV

$708.94M

Circ. Supply

5.9K TBTC

Max Supply

Not enough data

Total Supply

5.9K TBTC

Diluted Valuation

$661.19M

Performance

Popularity

Not enough data

Dominance

0.02%

Volume (24H)

$2.23M

-1.05%

Volume (7D)

$16.35M

Volume (30D)

$63.64M

All time high

$122.55K

Price Change (1Y)

88.23%

Additional details

Market details

TBTC vs markets

↗ 13.57%

TBTC vs BTC

↗ 0.05%

TBTC vs ETH

↗ 84.69%

Tags

defi

rehypothecated-crypto

Network & Addresses

Network
Address

Ethereum

0x18084fbA666a33d37592fA2633fD49a74DD93a88

Polygon

0x236aa50979D5f3De3Bd1Eeb40E81137F22ab794b

Solana

6DNSN2BJsaPFdFFc1zP37kkeNe4Usc1Sqkzr9C9vPWcU

Optimism

0x6c84a8f1c29108F47a79964b5Fe888D4f4D0dE40

Price history

Time
Price
Change
Today
$119,815.28
↗ 0.81%
1 Day
$119,021.38
↗ 0.81%
1 Week
$115,641.34
↗ 3.75%
1 Month
$104,415.46
↗ 14.87%
1 Year
$63,719.42
↗ 88.23%

Coinbase insights

Recent trends

The latest TBTC price is $119,815.28. Compared to tBTC V2's value of $119,021.38 from 24 hours ago, there's been a 1% increase, while the current price is 4% up from $115,641.34 which was recorded one week ago. tBTC V2's all time high is $122,552.61, which was reached on July 14, 2025. This is a -2% change from its price today.

The market cap is currently $708.94M, which is a result of multiplying the current price of tBTC V2($119,815.28) by the total supply(5,914 TBTC). The fully diluted valuation of tBTC V2 is $708.94M. The diluted valuation of tBTC V2 is $708.94M.

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