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100.2%

$320.76M reserves for $320.18M market cap

  • BTC 100%

As of Nov 4, 2026 · On-chain · sources

01 · Backing chain

What tBTC is backed by

Move the slider or press play to see the chain week by week since 2022.

Nov 4, 2026 Open in Explore

Backed by: the reserves behind tBTC, through every level

Backing on Nov 4, 2026, the last recorded day of its week. Backing from reports counts until the next report, for at most 140 days. Between two reports the values are estimated, see the settings.

02 · Backing ratio

Reserves against market cap

Daily, since market data is recorded. The composition reaches further back.

03 · Reserves today

Every reserve asset

Reserve asset Value Share
BTC $320.76M 100.0%

04 · Sources

Read from the chain

The bitcoin the tBTC Bridge has credited to the TBTCVault in its Bank on Ethereum, read from the chain every hour. The Bridge credits a deposit after an on-chain proof of the Bitcoin transaction into a tBTC wallet and debits redemptions. This is the Bridge's own record, the bitcoin addresses of the wallets are not read. Each chain gets the share of its circulating supply.

Price
$80.44K
Market cap
$320.18M
Supply
3.98K
Updated
Nov 4, 2026