tBTC
TBTC · unranked
$77,100
-0.1% 24h
Up from its lows
+43%
+21% last 30 daysahead of BTC’s +21% (30d)
TBTC is 38.6% below its all-time high of $125,646.
Survival score 48/100· Weakening — see the deductions →- Market cap
- $328.54M
- Fully diluted valuation
- $328.58M
- 24h trading volume
- $5.60M
- Circulating supply
- 4,262
- Max supply
- ∞
- All-time high
- $125,646Oct 6, 2025
- All-time low
- $10,104Sep 22, 2020
- To break even
- 1.6x331 days underwater
Two years, daily
The shape of the decline — and whatever came after.
TBTC price
-30.4% this range
Daily closes · data from CoinGecko
24h
-0.1%
7d
-2.0%
14d
+11.4%
30d
+21.4%
1y
-30.4%
The survival rating
Starts at 100; four measured factors deduct from it. Every deduction itemised, so you can disagree with the number and still use the inputs.
Survival score
Weakening
Still trading, but the trend across our inputs is negative.
- Price decline−19 of 50
Down 38.6% from its all-time high of $125,646
- Volume decay−21 of 25
Trading volume is 86% below its busiest sustained stretch
- Market cap erosion−8 of 15
Market cap down 56% from $753.45M
- Time below peak−3 of 10
331 days since the peak
How to read it
Higher is healthier. 75 and above is rated Active, 50–74 Weakening, 20–49 Distressed, below 20 Dormant. The rating is an opinion derived from the disclosed inputs — not a recommendation and not a prediction.
Read the full methodology →The story so far
What the fall cost, and what the recovery is actually made of.
What did it cost you?
Computed in your browser — the numbers never leave this page.
Is it coming back?
Stirring
Life signs
49/100
Off its lows
+42.9%
low $53,957 · Sep 7, 2024
Still needs
1.6x
~4.7 yrs at this pace
Did it join the rally?
TBTC is tracking the market — +21% against Bitcoin’s +21%. It rises when everything rises.
Market flat · BTC -2.2% this week · dominance 59.1%
Thinking of buying?
Baseline risk
8/100
- Exit liquidityAdequate
$5.60M traded daily against a $328.54M cap — 1.70% turnover.
- Supply overhangNo cap
No maximum supply published — issuance is unbounded or undisclosed.
- Volatility46% annualised
Contained, by crypto standards.
- Track record38.6% below peak
It is holding relatively close to its peak.
These are the checks before you buy TBTC — not a recommendation either way. CoinGraph never tells you what to hold.
Data confidence
Full price, volume and market-cap history for the window shown — enough for every measurement this page makes.
Where it trades
33 exchanges · 0 trusted listings · 23 stale
| # | Exchange | Pair | Price | 24h volume | Volume % | Trust |
|---|---|---|---|---|---|---|
| 1 | Uniswap V4 (Ethereum) | 0X1808…/0XCBB7… | $77,102 | $2.51M | 44.28% | |
| 2 | Uniswap V3 (Ethereum) | 0X1808…/0X2260… | $77,100 | $1.64M | 28.89% | |
| 3 | Curve (Ethereum) | 0X1808…/0X2260… | $77,094 | $593.1K | 10.45% | |
| 4 | Aerodrome SlipStream | 0X236A…/0XCBB7… | $77,102 | $142.5K | 2.51% | |
| 5 | Ekubo (Starknet) | 0X03FE…/0X04DA… | $77,102 | $113.0K | 1.99% | |
| 6 | Uniswap V3 (Base) | 0X236A…/0XCBB7… | $77,102 | $104.6K | 1.84% | |
| 7 | Bluefin | 0X7704…/0X0041… | $77,145 | $62.6K | 1.10% | |
| 8 | Aerodrome SlipStream | 0X236A…/0X8335… | $76,928 | $58.3K | 1.03% | |
| 9 | Uniswap V3 (Arbitrum One) | 0X6C84…/0X2F2A… | $77,102 | $47.6K | 0.84% | |
| 10 | Uniswap V3 (Ethereum) | 0X1808…/0X2260… | $77,115 | $44.6K | 0.79% |
Top listings by 24h volume, stale and anomalous tickers excluded · data from CoinGecko
About tBTC
The reference facts, then what the numbers say.
threshold.network ↗Explorer ↗@TheTNetwork ↗Reddit ↗GitHub ↗API ID: tbtcCrypto-Backed TokensDecentralized Finance (DeFi)Tokenized BTCSolana Ecosystem
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 fraudule…
Description via CoinGecko
What happened to tBTC
tBTC reached $125,646 11 months ago. It now trades at $77,100 — a decline of 38.6% from that peak. $1,000 bought at the high would be worth $613.63 today.
Returning to the previous high from here would take a gain of 1.6x. That figure is arithmetic, not a forecast: it is simply the peak divided by the current price.
Within the 2 years of daily prices held for TBTC, the range runs from $53,957 to $124,855, and the all-time high falls inside that window — so the chart on this page shows the full decline.
How TBTC is rated
tBTC scores 48 out of 100, which places it in the Weakening band — the inputs show erosion in more than one measure at once. A higher score means a healthier reading. The score starts at 100 and each measured factor deducts from it.
The deductions for TBTC are: price decline, 19 points (down 38.6% from its all-time high of $125,646); volume decay, 21 points (trading volume is 86% below its busiest sustained stretch); market cap erosion, 8 points (market cap down 56% from $753.45M); time below peak, 3 points (331 days since the peak).
Is TBTC moving on its own?
From its lowest close in the 2 years held — $53,957 — TBTC has gained 42.9%, a 1.4x move off that floor. CoinGraph reads this as stirring.
Over the last 30 days TBTC moved +21.4% against the wider market's +21.2% — moving broadly in line with the wider market. This distinction matters more than the headline number: a coin rising only when everything rises is being carried, and that is a different situation from one climbing on its own demand.
Extending the pace of the last 90 days, a return to the previous high would take roughly 5 years. That is an extrapolation of a recent trend, not a projection — 90 days of crypto prices is a short base, and the pace will not hold steady.
TBTC market position
TBTC has a market capitalisation of $328.54M, on 24-hour trading volume of $5.60M.
Daily turnover — volume as a share of market cap — is 1.7%. Turnover is what tells you whether a price is real: a coin can hold a large nominal valuation while almost nothing changes hands, and a price set by very few trades is one that moves sharply when anyone sizeable arrives.
Annualised volatility from daily returns is 45.7%. CoinGraph rates overall risk Baseline on these inputs.
tBTC — common questions
Is tBTC still active?
CoinGraph rates tBTC (TBTC) 48 out of 100 today — Weakening, meaning the Weakening band — the inputs show erosion in more than one measure at once. The rating is derived from four disclosed inputs — price decline from the all-time high, volume decay, market cap erosion and time below peak — and is an opinion about what the data shows, not a prediction. The full breakdown is on this page.
How far is tBTC from its all-time high?
tBTC (TBTC) is 38.6% below its all-time high of $125,646, trading at $77,100.
What would $1,000 of tBTC bought at the peak be worth now?
$1,000 of TBTC bought at its all-time high would be worth about $613.63 today, a decline of 38.6%.
How much would TBTC need to rise to break even?
TBTC would need to gain 1.6x from $77,100 to return to its all-time high of $125,646.
What is tBTC's survival rating?
CoinGraph rates tBTC 48 out of 100, in the Weakening band — the inputs show erosion in more than one measure at once. The rating is derived from price decline, volume decay, market cap erosion and time below peak, and every deduction is shown on this page. Higher is healthier.
What is tBTC's price prediction?
CoinGraph does not publish price predictions — for TBTC or any coin. What the data shows instead: TBTC trades at $77,100, 38.6% below its all-time high, and would need to gain 1.6x to return there — arithmetic, not a forecast. CoinGraph's survival rating for tBTC is 48/100 (Weakening), derived from disclosed inputs.
Will tBTC recover to its all-time high?
Nobody can know, and CoinGraph does not predict. The measurable part: TBTC needs a 1.6x gain from $77,100 to reach $125,646 again. Right now its recovery signal reads stirring, and it is moving broadly in line with the wider market over the last 30 days — a coin climbing on its own demand is a different situation from one drifting with the market.
Is tBTC a good investment?
CoinGraph does not give investment advice or recommendations. It publishes a survival rating — tBTC scores 48/100 (Weakening) — derived from price decline, volume decay, market cap erosion and time below peak, with every deduction shown. That is an opinion about what the data shows, for you to weigh against your own situation.
Is tBTC recovering?
TBTC is 42.9% above its lowest close in the 2 years of data held, which CoinGraph reads as stirring. It is moving broadly in line with the wider market over the last 30 days.
Everything else on this page is the data. The report is the analysis — what drove the decline, the warning signs in this coin’s numbers, and what a recovery would require.
Research agent
Put the research agent on tBTC
It reads the full history and writes what it finds: what drove the decline, whether a recovery is plausible on these numbers, and the warning signs still in the data.
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