Threshold Network is the protocol behind tBTC, a decentralized, trust-minimized representation of Bitcoin backed 1:1 by BTC. tBTC enables Bitcoin to be used in decentralized finance across supported blockchains. T is Threshold Network’s ERC-20 governance token.

Threshold uses threshold cryptography to distribute control of the Bitcoin backing tBTC across a group of independent signers. A threshold of signers must cooperate to authorize transactions, so no single signer can move the Bitcoin alone. The protocol enables users to deposit BTC to mint tBTC and redeem tBTC for native BTC, subject to applicable fees.

Threshold’s tBTC enables Bitcoin holders to access decentralized finance applications across supported blockchains, including lending, borrowing, and providing liquidity. T holders can participate in governance decisions concerning the protocol and its treasury.

Threshold Network originated from the merger of NuCypher and Keep Network, bringing the two networks together under the T token. The project has since focused its development on tBTC and Bitcoin infrastructure.

We update our Threshold to MXN currency in real-time. Get the live price of Threshold on Coinbase.

The current market cap of Threshold is MX$898.17M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Threshold is MX$4.17. This all-time high is highest price paid for Threshold since it was launched.

Over the last 24 hours, the trading volume of Threshold is MX$40.201M.

Assets that have a similar market cap to Threshold include NEXPACE, Humanity, Lombard, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Threshold is 11 billion.

Threshold ranks 249 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 100% of Coinbase users are buying Threshold. In other words, 100% of Coinbase customers have increased their net position in Threshold over the past 24 hours through trading.