Threshold Network ✜

The Standard for Bitcoin Finance, and home to tBTC ($tBTC).
Bringing 6 yrs, $5.2B vol, 6K BTC TVL to Institutional Bitcoin with Verifiable Bitcoin Accounts.

[Threshold Network ✜ @TheTNetwork]

Threshold Network maps three use cases for Bitcoin:

Bitcoin's circulating supply sits at 20M, yet under 2% is tokenized and usable onchain. Of the Bitcoin already working in DeFi, 65%+ of it is still under centralized control, and of the 2.4M BTC in ETFs and corporate treasuries (1.2M in US spot ETFs, 1.26M in public company balance sheets, led by Strategy at 843,775 BTC), less than 1% is effectively used onchain.

Threshold offers 3 models for building the Bitcoin Economy, providing composability and permissionless redemption to native Bitcoin.

[Threshold Network ✜ @TheTNetwork]

tBTC deposits on @Aave V3 - @Ethereum crossed 2,000 tBTC in July, with the 60-day view climbing off from early June.

Bitcoin remains the reference collateral for onchain credit.

[Threshold Network ✜ @TheTNetwork]

tBTC remains one of the most composable assets in DeFi.

[tBTC @tBTC_project]

Access stablecoin liquidity without selling your Bitcoin, with tBTC as collateral across major DeFi lending venues. You can compare current variable borrow rates below.

[Threshold Network ✜ @TheTNetwork]

Bitcoin DeFi contracted to 91k BTC by mid-2026, roughly 0.46% of the circulating supply.

Custody model, not liquidity depth, now decides where institutional BTC gets deployed onchain. Here are the events that reset the market, and where it's headed next: https://t.co/YFPNwIeIKC

[tBTC @tBTC_project]

tBTC on Base holds about $3.59M in Bitcoin backing. That figure is best read as a record of how the asset itself behaves under open mint and redemption. Since December, supply has held between roughly 48 and 61 BTC, a floor that has stayed level for more than half a year.

tBTC is minted and burned permissionlessly against real Bitcoin, so its supply tracks genuine organic demand.

[Threshold Network ✜ @TheTNetwork]

@tBTC_project Learn how Threshold builds the Bitcoin Economy through Threshold Cryptography: https://t.co/7sPpkNMZo9

[Threshold Network ✜ @TheTNetwork]

Threshold Network maps three use cases for Bitcoin:

Bitcoin's circulating supply sits at 20M, yet under 2% is tokenized and usable onchain. Of the Bitcoin already working in DeFi, 65%+ of it is still under centralized control, and of the 2.4M BTC in ETFs and corporate treasuries (1.2M in US spot ETFs, 1.26M in public company balance sheets, led by Strategy at 843,775 BTC), less than 1% is effectively used onchain.

Threshold offers 3 models for building the Bitcoin Economy, providing composability and permissionless redemption to native Bitcoin.

[Threshold Network ✜ @TheTNetwork]

Liquidity is the core constraint for BTCFi adoption. In his interview with @DefiantNews, Callan Sarre ( @saprophetik ), Co-Founder of Threshold Labs, explains why sustainable Bitcoin finance cannot rely on paid liquidity alone.

The stronger path is ecosystem-led market structure, where professional market makers and liquidity providers participate with their own balance sheets and revenue models.

BTCFi scales when liquidity becomes native and economically aligned.
BTCFi scales when it becomes institutional.

[Threshold Network ✜ @TheTNetwork]

Learn how you can utilize insititutional bitcoin onchain: https://t.co/m0WorOSqwy

[Threshold Network ✜ @TheTNetwork]

BTC-denominated DeFi is the growth story of 2026, and tokenized Bitcoin sits above $13B in circulation, but most of the infrastructure carrying that flow still relies on a group of centralized users who hold the key.

Threshold cryptography remains the most viable permissionless option, proven at scale: 6 years on mainnet and $5B in cumulative bridge volume.

See how threshold cryptography has advanced over the years and how Threshold is scaling it for institutional Bitcoin adoption:
https://t.co/EgXPjrQEUU

[tBTC @tBTC_project]

tBTC's footprint in DeFi has been built by holders deploying it directly into financing markets. The Threshold vaults dashboard marks the next stage:

Four vaults across three networks, led by Yield Basis at $22.8M, hold $24.6M in TVL combined. That is 7.8% of all tBTC in circulation, and about 13% of its DeFi-deployed value, routed through vault strategies.

[Threshold Network ✜ @TheTNetwork]

Can Bitcoin liquidity survive a drawdown? At the DeFi at Maturity panel, Threshold Labs co-founder Callan Sarre (@saprophetik) highlights organic demand: as Callan puts it, users actually want to use BTC to earn yield or for financing.

The current numbers bear that out: a 32% YoY increase, with 70% of tBTC supply deployed across DeFi. Liquidity that arrives without subsidy is liquidity that holds through a rotation of capital.

[Threshold Network ✜ @TheTNetwork]

https://t.co/gtecgX2MLl

[Threshold Network ✜ @TheTNetwork]

Read more about Verifiable Bitcoin Accounts (VBA) here: https://t.co/2EcmZ1QcEB

[Threshold Network ✜ @TheTNetwork]

For institutions, onchain BTC deployment is a custody and key-management question first: once capital is committed to a position, who holds signing authority over the underlying UTXO, and what path returns control if the coordinating signer set goes offline?

Those unknowns are part of why most Bitcoin stays off DeFi rails, with under 1% of circulating BTC deployed against roughly 15% of circulating ETH.

These are addressed by Verifiable Bitcoin Accounts (VBA), which offer clear paths in version 1 of the infrastructure. Read it here:

[tBTC @tBTC_project]

"Who could forget about FTX?"

Callan Sarre ( @saprophetik ) Co-Founder and CPO of Threshold Labs,
joined Tech Talks Daily to examine the counterparty risk that centralized custody introduces to Bitcoin collateral and how tBTC removes the single actor that past exchange failures depended on.

With Threshold's decentralized custody mechanism, no entity holds unilateral control over the underlying BTC, an important aspect institutions look for when deploying BTC in DeFi. Watch here:

[Threshold Network ✜ @TheTNetwork]

@jimchoumobile Thanks! Next up: making redemptions fast 🏃‍♀️

[Threshold Network ✜ @TheTNetwork]

How are Bitcoin L2s and BTC wraps shaping up during this economic downturn? Here's a closer look at the details.

The capital gap between tokenized BTC and all Bitcoin L2S combined is $12.87B, compared to $ 223.5M. We tracked how Bitcoin liquidity has shifted over the years and which models have endured, and one standout remains true:

tBTC's strong organic growth over the years might signify a growing importance of a trust-minimized custody infrastructure layer. Read the full analysis here: https://t.co/EhEWJpBRVF

[Threshold Network ✜ @TheTNetwork]

@Hiraweb3 @BitcoinForCorps absolutely!

[Threshold Network ✜ @TheTNetwork]

Threshold Labs Head of Operations, John Packel, joined @BitcoinForCorps this week, the invitation-only forum set in NYC where institutions building corporate Bitcoin infrastructure meet to set the agenda for the next phase of adoption.

Threshold's Verifiable Bitcoin Accounts (VBA) offer a direct solution for this path, encouraging conversations for broader Institutional $BTC Deployment.

[Threshold Network ✜ @TheTNetwork]

Verifiable Bitcoin Accounts (VBA) keep the Bitcoin UTXO as the system of record. It uses PSBT, which serves as the interoperable signing format, allowing multiple parties to construct and sign a transaction without prematurely exposing private keys or relying on a single coordinator. That structure supports faster redemption back to $BTC, with recovery paths that stay verifiable throughout.

VBA's full Bitcoin-level integration path, from custody framework to predefined recovery, is mapped below.