The score, by dimension
- the same for all 7
- #1 of 7 · best 19.8
- the same for all 7
- the same for all 7
- the same for all 7
Tick: the best in this ranking · Methodology v2026.11.1
tBTC (Threshold Network)
Threshold-signature wrapped bitcoin
#1 of all 7 worldwide81
- Rank
- #1 of all 7 worldwidere-runs: scores 81–82 and stays #1
- Your cost
- $24 a year0.2% transfer fee · read
- Evidence
- High4 of 4 criteria sourced
- Licence
- No MiCA record on file
- Freshness
- Read November 2026checked · re-read due
Check availability for your country
tBTC (Threshold Network) · docs.threshold.network. Provider links appear once we know which country you are browsing from: ChainChoice links to providers only where it serves in full.
Commission: This provider pays ChainChoice nothing for this link. Disclosure
Crypto products are high risk. Check the provider is authorised where you live before you deposit.
The verdict
tBTC (Threshold Network) is #1 of 7 published wrapped assets; it scores 10/10 on published cost, the category best. Its widest gap is reserve proof: 6/10, where Wrapped Bitcoin (WBTC) scores 9. Choose Wrapped Bitcoin (WBTC) if reserve proof matters most.
Is tBTC (Threshold Network) right for you?
Suits you if
- Who can move the bitcoin9/10, the category best
- Who is allowed to redeem8/10, the category best
- Published dated cost10/10, the category best
Look elsewhere if
- How tightly the reserve is actually proven6/10 here; Wrapped Bitcoin (WBTC) scores 9
Not yet tested for your country. Markets it lists: Global.
to test where you can use it.
The rank above is the published one, the same for every reader. Find my best wrapped asset shows where it lands for you.
What will tBTC (Threshold Network) cost you?
$24 your cost/yr
- Your monthly volume
- $1k
- Transfer fee
- 0.2%
How safe is tBTC (Threshold Network)?
- Evidence: verified4 of 4 criteria rest on quoted, sourced receipts. Read November 2026.
- LicenceMiCA (EU): no register record on file here.
Entity: not verified. No hand-confirmed record on file ties tBTC (Threshold Network) to the company that runs it, so this page cannot say which other products that company operates. Read the legal entity in its terms before you deposit. How we read the evidence
Open the evidenceIf it doesn’t fit, choose
Compare all 4- 2Lombard Staked BTC (LBTC)If reserve proof matters most: 811 points below · stronger on reserve proof (8 against 6)70$0.00 a year · read
- 3Wrapped Bitcoin (WBTC)If reserve proof matters most: 924 points below · stronger on reserve proof (9 against 6)57no verified pricing
- 4SolvBTC (Solv Protocol)29 points below · weaker on custody control (3 against 9)52no verified pricing
Provider at a glance
- Category
- Wrapped Assets
- Entity
- Not verified
- Official website
- docs.threshold.network
Independent rankingchecked How it works
Details
Scored 81 out of 100 under methodology 2026.11.1, from the evidence read in November 2026.
For your setup
Find out if tBTC (Threshold Network) fits you
The rank above is the published one — the same for every visitor. Answer the category's questions and this section shows where tBTC (Threshold Network) lands for you, which criteria your answers weight up, and which stated needs the record does or does not meet. The published rank stays beside it.
- A few questions
- No account required
- Ranking-blind: no commercial input
- Personalised in under 60 seconds
Find my best wrapped assetNothing is inferred from clicks, popularity or commercial value.
Why it leads
Why tBTC (Threshold Network) ranks #1
Each strength is read from evidence on a 0–10 ladder and weighted as the published methodology states. The 32 objective points these produce (26.4 here) sit inside the score; availability, friction, trust record and measured data add the rest. Best in this ranking on 3 of 4.
4 published criteria · Σ weight 100
CriterionWeightStrength · 0–10ScoreContrib.MedianBestRankEvidence
329+9.224.09#1/7
Primary
Provider page · read 2026-11-10288+7.174.08#1/7
Primary
Provider page · read 2026-11-10226+4.226.09#3/7
Primary
Provider page · read 2026-11-101810+5.763.010#1/7
Primary
Provider page · read 2026-11-10Hairline = best in this ranking · tick = its median · a missing bar is "not scored", never zero
Margin+11over Lombard Staked BTC (LBTC), #2 of all 7 worldwide, on the published score
RobustnessHoldsacross a one-point change to each of its 4 criterion scores, the re-run scores 81–82 and stays #1
Evidence4 of 4 scored4 quoted, 4 with a source link
What would move the rank
Each line is the ranking run again with one of tBTC (Threshold Network)’s criterion scores changed and every other value held: the smallest whole-point change on that criterion that moves its rank, and where the re-run puts it. Up to 4 climbs and 3 falls are listed, smallest change first. Nothing here is a forecast.
Who can move the bitcoin 9 → 3 on its ladder · Lombard Staked BTC (LBTC) passes it−678#1 → #2
Who is allowed to redeem 8 → 1 on its ladder · Lombard Staked BTC (LBTC) passes it−778#1 → #2
Strengths
3 from the score dataWhere it leads
Best for readers who weight
- Who can move the bitcoin — 9/10, the category best
- Who is allowed to redeem — 8/10, the category best
- Published dated cost — 10/10, the category best
Tradeoffs
1 from the score dataWhere it trails
Not for readers who put first
- How tightly the reserve is actually proven — 6/10 against a category best of 9/10
Record watch-outs
- Minting and redemption were paused from 30/31 October to 9 November 2026. Aave V3 Ethereum Core froze tBTC on 31 October 2026 after "Threshold Network issued a pre-emptive pause of tBTC mints & redeems" (LlamaRisk, governance.aave.com/t/25965). Secondary reports tie the pause to node operators patching a Linux kernel vulnerability (CVE-2026-98432) and quote Threshold that "no funds have been lost". Threshold's own notices were posted only on X, which we could not read, and our reads do not establish whether the Bridge contract itself or only the Threshold app stopped accepting redemption requests during the pause. Threshold's update of 9 November says "The tBTC bridge is fully operational and the UI has been re-enabled. Deposits, mints, and redemptions are processing normally", and on-chain mints and burns resumed by 10 November. On 10 November at 23:24 UTC (block 26387780) Aave V3 Ethereum still read tBTC as frozen, with LTV 0 and a 78% liquidation threshold: existing positions are unchanged, but tBTC cannot be newly supplied there or add borrowing power.
- The redemption dust threshold means positions under 0.009 BTC cannot be redeemed at all, and the 26-day redemption timeout (2,246,400 seconds; it was 13 days until the 28 October read) carries a slashing amount of zero at the parameters read on-chain on 2026-11-10 — the honest reading is that the protocol's deterrent against a stalling wallet is reputational, not economic. On price: the 0.40% all-in headline is the highest in this pool, but the docs state it 'can be partially or fully offset by staking $T', and they do not publish the schedule that maps T staked to waiver — so you cannot compute your own cost in advance without going through the app.
Competitive position
How tBTC (Threshold Network) places on each criterion
Rank on every objective dimension among the rows scored on it. A criterion in the top third of its pool is listed as a lead, the bottom third as a trail; the middle is neither. Popularity, size and commercial terms are not dimensions.
Against #2
81 vs 70 · gap 11.0Why tBTC (Threshold Network) ranks above Lombard Staked BTC (LBTC)
DimensionThisLombard Staked BTC (LBTC)Gap share
Availability · 23% weight · constant here14.014.0same
Published criteria · 35% weight19.815.4+11.4, better
Friction · 12% weight · constant here2.72.7same
Trust record · 9% weight · constant here3.23.2same
Measured data · 21% weight · constant here8.38.3same
Published criterionThisLombard Staked BTC (LBTC)Points
Who can move the bitcoin · w3296+3.07, better
Who is allowed to redeem · w2884+3.58, better
How tightly the reserve is actually proven · w2268−1.41, worse
Published dated cost · w18109+0.58, better
Net8170+11.0
Your scenario
What tBTC (Threshold Network) costs on your scenario
Transfer fee on your volume for a year. Excludes network gas and any withdrawal fee. Change an input and every figure recomputes from the published rate; the published rank does not move.
your cost/yr · default scenario — set your own
$1k a month × 12 months × 0.2% transfer fee = $24 / year
Your monthly volume · your input$1k
Transfer fee · published rate0.2%
Rate read from the provider’s published pricing ↗ on 10 November 2026.
your cost/yrCost is stated as your cost/yr in USD; it is never a yield, never annualised, and it does not enter the score.
$24
Under the default inputs · USDTypical cost and lowest feeNot statedOnly 1 of 7 rows publish a comparable price; a typical cost and a lowest fee need at least 3.
5 of 7 rows in this ranking have no verified rate for this scenario and are absent from the typical, not counted as free.
1 of 7 quote a zero fee that leaves costs out, so they are absent from the typical and the lowest fee, not counted as free.
Evidence
Evidence read 10 November 2026
One row per published criterion: the page each strength was read from, its source type by domain, the reading date and whether the file and the published table agree. Open a row for the quote and the receipt.
4 of 4 cells scored
Score evidenceVerified4 of 4 criteria reconstruct from receipts
4 of 4 criteria reconstruct from a quoted, sourced receipt equal to the published strength.Public receiptsReading…4 quoted with a source URL
The receipt file has not been read yet.Evidence confidenceHighcoverage and corroboration, never freshness
4/4 criteria scored, with 4 dated sources quoted.RobustnessHoldsrank #1 across every one-point re-run
Whether the position holds when one criterion score is changed by one point and the ranking is run again. It is always a re-run of the ranking, never an estimate.CriterionSourceTypeReadFreshnessStatusReceipt
Who can move the bitcoinstrength 9 · weight 32Report an errorProvider's own page10 November 2026…
Verified
The published strength matches the evidence cell and a source page is on file.Who is allowed to redeemstrength 8 · weight 28Report an errorProvider's own page10 November 2026…
Verified
The published strength matches the evidence cell and a source page is on file.How tightly the reserve is actually provenstrength 6 · weight 22Report an errorProvider's own page10 November 2026…
Verified
The published strength matches the evidence cell and a source page is on file.Published dated coststrength 10 · weight 18Report an errorProvider's own page10 November 2026…
Verified
The published strength matches the evidence cell and a source page is on file.How you can lose money here, and what the ranking scores
- Custody failure (tBTC (Threshold Network) 9/10): whoever holds the assets loses or withholds them.Scored by Who can move the bitcoin · 32%
- Insolvency failure (tBTC (Threshold Network) 6/10): the firm or issuer that owes you cannot pay.Scored by How tightly the reserve is actually proven · 22%
- Exit failure (tBTC (Threshold Network) 8/10): you cannot get out at par, on time, or with what is yours.Scored by Who is allowed to redeem · 28%
Not assessed by this ranking: Contract failure, Control failure, Verification failure, Regulatory failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Published dated cost (18%).
Facts
facts, not scoresWhat the record publishes
- Pricing
- On-chain parameter, read from the tBTC Bridge at 0x5e4861a80B55f035D899f66772117F00FA0E8e7B on Ethereum at block 26383724 (10 November 2026, via ethereum-rpc.publicnode.com): depositParameters() returns depositTreasuryFeeDivisor 500 and redemptionParameters() returns redemptionTreasuryFeeDivisor 500, unchanged since the 6 August 2026 read. Fee = 1/500, that is 0.2% each way (our arithmetic). The docs page (https://
docs .threshold .network /tbtc-v2, read 10 November 2026, HTTP 200) states the same figure in words: "The mint and redemption fee is 0.2% or 20 basis points" and "The mint fee was initially offset to support adoption; however, following a recent governance decision, it was reinstated on April 15, 2026." and also "Minting and redemption fees are set at 20 basis points to support decentralized bridge operations. However, these fees can be partially or fully offset by staking $T". Worked example, headline rate with no T staked (our arithmetic, not a page string): a 1 BTC round trip costs 0.002 BTC to mint and 0.001996 BTC to redeem, 0.003996 BTC in all, before Bitcoin miner fees and gas; the docs do not publish the schedule that maps T staked to a waiver. The same call returns redemptionTxMaxTotalFee 1000000 (satoshi, that is 0.01 BTC) as the cap on Bitcoin network fees deducted from a redemption, and redemptionTimeout 2246400 seconds (26 days), which read 1123200 (13 days) on 28 October 2026.tBTC (Threshold Network) — official pricing page ↗ · 10 November 2026 - Prices published in
- USDtBTC (Threshold Network) — official pricing page ↗ · 10 November 2026
- Licences held
- Not published
- Compliance level
- partial
- Regulatory note
- Not published
- Supported chains
- Multi-chain
- Markets served
- global
- Primary markets
- Not published
- Restricted markets
- Not published
- Operating limits
- Not published
- Availability note
- Threshold's Terms of Use (threshold.network/terms-of-use, read 10 November 2026), Eligibility: to use the platform a user must "Not be a resident of or located in any jurisdiction subject to sanctions, embargoes, or restricted access under applicable laws (e.g., OFAC-sanctioned countries)." No country is named. The tBTC Bridge contract itself is open to any address.
No confirmed legal entity is on file for this record. Nothing is inferred from the brand name.
If something goes wrong with tBTC (Threshold Network): where to complain, and where to report a scam
Loading the routes for your country.
How this page is reviewed
Reviewed means this product in this category was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
How we review · Review calendar · Corrections log · How we make money
History
What the record carries
Changes to published ranks are recorded in a ledger; every step and its cause is listed on the rank-history page. The entries below begin with the current verified snapshot, then the methodology versions whose changes applied to this category, newest first.
10 methodology entries
- 10 November 2026Current verified snapshot · methodology 2026.11.1Score 81, #1 of 7. 4 of 4 criteria scored. History starts here; earlier values are not interpolated.
- 10 November 2026
2026.11.1Wrapped assets: the published-cost criterion no longer quotes a dollar price for bitcoin- removed Wrapped assets, published dated cost: the sentence giving the bitcoin price of 6 August 2026 from DefiLlama, and the note on recomputing dollar figures at it, leave the criterion text. The bands (9-10, 5-8, 3-4, 1-2) are unchanged and no score moves.
- 15 October 2026
2026.10.10The live-data rule names the researched market measurements a criterion reads- changed The live-data rule names a second kind of figure a score reads: a researched, dated market measurement a criterion's ladder is built on, read again on the 45-day review. /methodology/live-data lists the 14 criteria that read one; no score, rank or order changes.
- changed A saved decision is checked again on the answers the reader saved. The drift check had merged a priority suggested by the market (price swings, gas) into those answers, so a market reading could move a saved decision's #1; the published ranking never read it.
- added On every build a test reads every criterion's published ladder: one that names a market quantity or a market-data source must be declared, and every scored row of a declared criterion must carry the source and the date its figure was read.
- 10 October 2026
2026.10.8When nothing serves your country, the list shown for reference is the published ranking · platform-wide- fixed The reference list shown when nothing serves your country is the published order with the published scores, and a build check now fails any such list out of that order or with a score the ranking does not publish.
- fixed The explorer prints an overall rank only for a row the published ranking holds; a country entrant such as Coinbase Commerce for US merchants shows no overall rank.
- changed Published orders do not move. Country results change only where nothing serves the country: in India bill pay keeps Bitcoin Well first and now shows Strike second, as published; 35 such runs across all categories and countries now match the published list exactly.
Methodology 2026.11.1, the same published run every visitor sees · receipt wrapped_assets:tbtc:2026.11.1:4a6ef67abb48
Are you tBTC (Threshold Network)? Reply to this verdict, or send evidence, ask for a correction or claim the listing. Every message gets a public ticket number; none of it changes a rank unless a public page or a signed statement supports it.