Monthly roundup
Highlights from August
tBTC was integrated into two leading lending markets: Aave (on both Base and Arbitrum) and SparkLend. These listings open new opportunities for BTC holders to deploy capital across some of the largest DeFi ecosystems.
On the retail side, OKX launched dedicated tBTC integrations and liquidity campaigns, broadening access for everyday Bitcoin users. This dual-track growth, institutional DeFi protocols, and retail platforms, reinforce Threshold’s position as core infrastructure for Bitcoin in DeFi.
Milestones:
tBTC TVL hit an all-time high of $723M, reaffirming its strength as the most reliable BTC in DeFi.
tBTC is recognized as the top decentralized BTC protocol by DeFiLlama.
tBTC ranked among the top 3 tokens by bridge volume on Wormhole.
tBTC achieved another milestone as the #1 BTC bridge by bridged volume on DeFilLlama, underscoring its unmatched adoption among Bitcoin bridge solutions.
tBTC is listed on 2 major lending markets: Aave V3 (Base and Arbitrum), and Sparklend
These metrics highlight tBTC’s role as the most widely adopted decentralized Bitcoin bridge, trusted across multiple ecosystems.
Things to Know
Ecosystem Growth
Aave (Base & Arbitrum): tBTC went live on Aave V3 Base and Arbitrum, with the approval of the improvement proposal. This extends tBTC access to two of the most active ecosystems for borrowing and lending.
SparkLend: tBTC was added as collateral with updated parameters: Maximum LTV set to 74% and liquidation Threshold raised to 75%. This positions tBTC as blue-chip collateral with stable rates.
Gearbox Protocol: The tBTC pool incentives have been extended until August 31 and have now concluded, with an average APY of around 4.9%.
Mezo: The $80,000 tBTC rewards program continued throughout August, strengthening liquidity on Ethereum L1.
OKX Wallet (Sui): The xBTC/tBTC pool is live with ~$1M TVL and boosted APRs reaching 427% on launch day. Incentives run until September 6.
Community Engagement
Events and Panels
Bitcoin Asia and Bitcoin Summit, Hong Kong
Callan Sarre on a panel discussing the vision for tBTC
The team attended Bitcoin Asia, Bitcoin Summit, and multiple side events, joining key panels to reintroduce tBTC to the Asian market.
Callan also spoke on a panel alongside Babylon’s CTO and partners from Mezo.
VIP dinner by Threshold
Team Updates
New Software Engineer
Threshold welcomed Roberto S. as a new Software Engineer at tLabs. Roberto brings over a decade of experience in software engineering with a strong background in cryptography, adding valuable expertise to Threshold’s technical team.
Strategic Impact: Expanding Adoption and Strengthening Community Trust
August underscored Threshold’s mission to unlock Bitcoin’s role in permissionless finance. With new integrations across institutional-grade protocols, record adoption metrics, and active leadership in global industry forums, Threshold is steadily scaling the network effects of tBTC.
As the most decentralized and reliable BTC bridge, tBTC continues to establish itself as critical infrastructure for Bitcoin’s onchain economy, built for resilience, trust minimization, and long-term adoption.
Want the full story? Dive into our latest updates, announcements, and integrations on the Threshold Network blog.
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