cryptonist

DeFi protocols

tBTC

Data as of 3 October 2026 · Official site

tBTC is a protocol DefiLlama files under Decentralized BTC, deployed on 2 chains. On 3 October 2026 it held $363.3M in total value locked, up 7.0% over 30 days, placing it 95th of 225 protocols in this set. DefiLlama recorded $35K in fees over the previous 30 days. TVL is deposits at current prices, not revenue and not users. The note below says what it leaves out.

Total value locked, over time

Total value locked, USD: $1.2M at the start of the series, $363.3M at the end. $0 $250.0M $500.0M $750.0M $1.0B Aug 21Nov 22Mar 24Jun 25Oct 26
Total value locked, USD. Weekly points for the last two years, monthly before. Source: DefiLlama, retrieved 3 October 2026.

Among protocols

Total value locked by protocol, 225 tracked: top 24, and tBTC at 95. Source: DefiLlama, 3 October 2026.
#ProtocolTotal value locked
1 Lido $26.4B
2 Aave V3 $18.1B
3 SSV Network $14.0B
4 LayerZero V2 $11.7B
5 Morpho Blue $11.3B
6 Binance staked ETH $10.0B
7 WBTC $9.9B
8 Coinbase Bridge $8.4B
9 Hyperliquid Bridge $7.1B
10 EigenCloud $7.0B
11 Sky Lending $5.9B
12 Binance Bitcoin $5.8B
13 SparkLend $5.5B
14 ether.fi Stake $5.2B
15 Ethena USDe $4.9B
16 JustLend V1 $3.9B
17 Arbitrum Bridge $3.7B
18 Babylon Protocol $3.4B
19 USDT0 $3.4B
20 JustLend sTRX $3.3B
21 Base Bridge $3.2B
22 Maple $3.0B
23 Polygon Bridge $2.9B
24 JustCryptos $2.8B
95 tBTC $363.3M

See all 225 protocols

TVL by chain

TVL by chain, tBTC, 3 October 2026. Source: DefiLlama.
ChainUSD
Bitcoin $363.3M

Fees recorded by DefiLlama

Fees recorded by DefiLlama, tBTC, 3 October 2026. Source: DefiLlama.
WindowUSD
24 hours $879
30 days $35K
1 year $797K

About tBTC

Category: Decentralized BTC. Deployed on 2 chains. Listed by DefiLlama on 2023-02-14.

tBTC is Threshold's decentralized and permissionless bridge to bring BTC to the Ethereum network. tBTC has been designed to allow bitcoin holders to participate in Ethereum's Decentralized Finance (DeFi) applications. Users wishing to utilize their bitcoin on Ethereum can use the tBTC decentralized bridge to deposit their bitcoin into the system and get a minted tBTC token in their Ethereum wallet (DefiLlama's listing text.)

  • DeFi

    Where crypto yield comes from

    Staking, lending, liquidity provision, airdrops and points each pay for something different. Who pays, for what, and what can go wrong with each of them.

Source: DefiLlama, retrieved 3 October 2026, under its open methodology. Figures are a dated snapshot, not a live feed.