Threshold Network operates tBTC v2 — the most decentralized 1:1 tokenized Bitcoin — using threshold ECDSA cryptography so no single party can move user BTC across the bridge.
No single signer can move the BTC — only a t-of-n quorum can.
Deposit native BTC into the randomly-selected signer group's wallet. Once a threshold quorum of signers co-signs, the Bridge mints tBTC 1:1 on Ethereum, minus a 0.2% treasury fee.
12 stake-backed signers were randomly drawn from the WalletRegistry. At least 7 must co-sign — a single node holds no key alone.
Native BTC arrives at a deposit address derived for this signing group. The vault stays locked until a quorum signs.
Drag to add co-signers. Below 7-of-12 the action is blocked (red); reach the threshold and the quorum authorizes the move (green).
Fund custody first — there is no BTC for the signers to act on yet.
Live signals detected by Sentinel monitors across all five risk classes.
See each alert's affected component, root-cause analysis, and recommended action. Pro members get the full risk breakdown for every protocol.
Bringing BTC into DeFi has historically required trusting a centralized custodian (e.g. BitGo for WBTC) — a single key holder can freeze, blacklist, or lose every wrapped Bitcoin in circulation.
tBTC v2 replaces the central custodian with a randomly assigned threshold-ECDSA signing group of stake-backed nodes; no individual signer holds the BTC key, and signers are slashable for misbehavior.
Most decentralized BTC bridge in production (largest TVL among permissionless wrapped BTC issuers), native BTC redemption with no lockup, no pause/blacklist functions, multi-chain via Wormhole + CCIP.
Threshold Network is a Bridge protocol operating on Ethereum, Bitcoin, Arbitrum, Base, Optimism, Polygon, Solana. Threshold Network operates tBTC v2 — the most decentralized 1:1 tokenized Bitcoin — using threshold ECDSA cryptography so no single party can move user BTC across the bridge.
tBTC v2 replaces the central custodian with a randomly assigned threshold-ECDSA signing group of stake-backed nodes; no individual signer holds the BTC key, and signers are slashable for misbehavior.
DeFi Sentinel rates Threshold Network AA with a safety score of 83/100, indicating very low risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Threshold Network has 12 audits on record. DeFi Sentinel's analysis flagged 1 high, 4 medium risk alerts across Smart Contract & Technical Risk, Governance & Centralization and Sustainability & Competitive Position. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
Threshold Network has a DeFi Sentinel safety score of 83/100 (rating AA), last updated May 21, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
Threshold Network is deployed on Ethereum, Bitcoin, Arbitrum, Base, Optimism, Polygon, Solana.
Yes. Threshold Network has 12 audit reports on record from firms including ChainSecurity, CertiK, Least Authority. Audit reports and dates are linked under the Resources tab on this page.
