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tBTC
Trench Bitcoin price
7Qehkh...pump
$0.0000032669
-$0.00004
(-93.03%)
Price change for the last 24 hours
USD
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tBTC market info
Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Market cap = Circulating supply × Last price
Network
Underlying blockchain that supports secure, decentralized transactions.
Circulating supply
Total amount of a coin that is publicly available on the market.
Liquidity
Liquidity is the ease of buying/selling a coin on DEX. The higher the liquidity, the easier it is to complete a transaction.
Market cap
$3.27K
Network
Solana
Circulating supply
1,000,000,000 tBTC
Token holders
8
Liquidity
$1.76K
1h volume
$4.42M
4h volume
$4.42M
24h volume
$4.42M
Trench Bitcoin Feed
The following content is sourced from .
L2Beat did a great review on this! I also checked out the contracts this morning.
Quick post on if this changes the security model related to bitcoin (as bitcoin is mentioned in the OP 🙂)
For bitcoin-backed tokens, there's another consideration past the Ethereum <> BOB bridge program being secure. The bitcoin-backed tokens locked in this escrow contract are Threshold tBTC, Lombard LBTC, and Bitgo wBTC. These tokens are not bridged to BOB from bitcoin. They're bridged to BOB from Ethereum.
So in addition to trusting the bridges security model, and Ethereum itself, users additionally trust the custodians, and federations, behind these wrapped tokens to maintain their 1:1 peg with bitcoin. All three have different trust models.
Now, BOB does want to build a direct bridge between bitcoin and BOB through BitVM.
All in all, great to see BOB improve its trust assumptions on the Ethereum side. This does ensure the proposer cannot publish a malicious state update to rug the bridge contract and steal the bitcoin-backed tokens. So this upgrade does improve some of the core trust assumptions.
But, as we've pointed out, there's a few more considerations for bitcoin users.
PS. It's worth noting that the bridge contract is immediately upgradable by a centralized admin. So, it still has training wheels on. But once these are removed, you could argue that the system would have Ethereum-level security guarantees. So, nothing on our risk diamond changes 🙁
BOB
Excited to announce that BOB becomes the first-ever 𝗛𝘆𝗯𝗿𝗶𝗱 𝗭𝗞 𝗿𝗼𝗹𝗹𝘂𝗽 in collaboration with @RiscZero @boundless_xyz & @conduitxyz
We believe that BOB's Hybrid ZK fraud proofs are the best and most efficient proving system in use by any rollup today:
> ZK rollup speed & on-demand finality
> Optimistic rollup efficiency & low costs allowing anyone to participate
> Full Ethereum security
Learn more:
so Pill's been doom-scrolling and @Terminal_fi keeps showing up EVERYWHERE and honestly? if you're still fading this you're actually trolling yourself at this point
capturing >$130M TVL in a short span of time, it will act as the liquidity between DeFi and tradfi on @convergeonchain
well, @pendle_fi also showed up to the party on Converge and is positioned as the amplifying hub (think leveraged yield & points)
at this point, you might predict what Pill's about to say, right?
DON'T MISS OUT → explore the options available on Pendle (i.e. tETH, tBTC, tUSDe)
tETH → 30x Terminal points + 3x Etherfi points
tUSDe → 60x Terminal points + 50x Sats
tBTC → 15x Terminal points
get moar yields + points
p.s. the team has also publicly welcomed new listings so if you want to bootstrap and grow liquidity (better be legit yea), don't hesitate to link up with them
tBTC price performance in USD
The current price of trench-bitcoin is $0.0000032669. Over the last 24 hours, trench-bitcoin has decreased by -93.03%. It currently has a circulating supply of 1,000,000,000 tBTC and a maximum supply of 1,000,000,000 tBTC, giving it a fully diluted market cap of $3.27K. The trench-bitcoin/USD price is updated in real-time.
5m
-99.92%
1h
-93.03%
4h
-93.03%
24h
-93.03%
About Trench Bitcoin (tBTC)
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tBTC FAQ
What’s the current price of Trench Bitcoin?
The current price of 1 tBTC is $0.0000032669, experiencing a -93.03% change in the past 24 hours.
Can I buy tBTC on OKX?
No, currently tBTC is unavailable on OKX. To stay updated on when tBTC becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of tBTC fluctuate?
The price of tBTC fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 Trench Bitcoin worth today?
Currently, one Trench Bitcoin is worth $0.0000032669. For answers and insight into Trench Bitcoin's price action, you're in the right place. Explore the latest Trench Bitcoin charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Trench Bitcoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Trench Bitcoin have been created as well.
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.