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Threshold Network Token Overview
24h High
$0.01
24h Low
$0.01
24h Change
+2.23%
7d Change
+7.78%
30d Change
-3.73%
Volume 24h
$6.18M
Market Cap
$75.57M
Circulating Supply
11.15B T
Threshold Network Token News
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About Threshold Network Token
The Threshold Network Token (T) is the utility and governance token of the Threshold Network, resulting from the merger of Keep Network and NuCypher. It serves as a utility token for staking nodes and earning fees, while also acting as a governance token within the Threshold DAO. T token holders can participate in coverage pools, earn yield, and underwrite collateral risk. The Threshold Network provides cryptographic primitives for decentralized applications, with tBTC being its flagship application for tokenizing Bitcoin in DeFi while maintaining privacy and avoiding censorship.
The Threshold Network was created through the merger of Keep Network and NuCypher. The teams from both projects came together to form the Threshold Network, resulting in the creation of the T token.
The T token has multiple purposes within the Threshold Network. Firstly, it serves as a utility token allowing users to stake a node and earn fees from applications utilizing the network's cryptographic primitives. Additionally, the T token functions as a governance token, enabling token holders to participate in the Threshold DAO. Users can lock their T tokens in coverage pools, earning yield while underwriting collateral risk in the network. Notably, the flagship application of the Threshold Network is tBTC, which enables the tokenization of Bitcoin for use in decentralized finance (DeFi) applications while preserving privacy and avoiding censorship.
Threshold Network Token Markets
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Threshold Network Token Platforms
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Threshold Network Token Market Data
The live Threshold Network Token price today is $0.01 USD with a 24-hour trading volume of $6,181,468.47 USD. We update our T to USD price in real-time. Threshold Network Token is up 2.23% in the last 24 hours.
The current market cap is $75,572,937.73 USD, ranking #257 by market capitalization. The circulating supply is 11,155,000,000 T.