The Good Tech Companies - tBTC Launches On Starknet: Expanding Bitcoin’s Role In Multi-Chain DeFi

Episode Date: June 13, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/tbtc-launches-on-starknet-expanding-bitcoins-role-in-multi-chain-defi. This trust-minimized ...protocol transforms Bitcoin into functional DeFi capital while preserving full user custody. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #btc, #chainwire, #press-release, #bitcoin-defi, #blockchain-development, #bitcoin-adoption, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Bitcoin holders can now trade, borrow, and execute complex DeFi strategies for just $0.01 per transaction. Bitcoin’s average transaction fee at $1.49 (7-day moving average, June 2025)

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. TBTC launches on Starknet, expanding Bitcoin's role in multi-chain DeFi. By Chainwire, Texas, United States, June 11, 2025, Chainwire, Bitcoin holders can now trade, borrow, and execute complex DeFi strategies for just $0.01 per transaction, following threshold network's launch of TBTC on Starknet. This trust-minimized protocol transforms Bitcoin into functional DeFi capital while preserving full usher custody. TBTC is now available for direct minting on Starknet via the threshold UI, allowing users to seamlessly bring native BTC on-chain without custodians or intermediaries.
Starting point is 00:00:46 With Bitcoin's average transaction fee at $1.49, 7-day moving average, June 2025, it's no match for Starknet's ultra-low costs, where the same Bitcoin, via BTC, can be traded, lent, or deployed in complex DeFi strategies for just $0.01 per transaction, greater than BTC on Bitcoin mainnet is like gold bars in a vault. Valuable but unusable, greater than said McLean Wilkison, co-founder of Threshold Labs. At just $0.01 per greater than transaction on Stargnet, Bitcoin becomes more than a store of value. It can greater than now be used for small to large scale trades, executed hundreds of times a day, greater than and
Starting point is 00:01:29 as a source of capital to lend or even borrow against. This is bitcoin as greater than it was meant to be used. The numbers Why bitcoin defy struggles current bitcoin mainnet reality June 2025 data average transaction fee $1 49, 7 day moving, recent peak during congestion,
Starting point is 00:01:50 $91.89, April 2024, confirmation time, 10 to 60 minutes, result, complex defy operations become uneconomical, even at $1.49, a $100 trade costs 1.5% in fees. TBTC on Starknet changes the economics. Transaction fees, $0.01. Confirmation. Instant. Throughput. 857 TPS, achieved in testing. Result. Bitcoin becomes a working capital, operating at minimal cost. What's coming next for TBTCX Starknet with the launch of TBTC on Starknet? Threshold Network is building the foundation for a Bitcoin Ethereum economy within a scalable,
Starting point is 00:02:35 zero-knowledge environment. TBTC is integrating with Starknet's most prominent protocols to bring trust-minimized Bitcoin liquidity to trading, borrowing, and beyond. Live on launch! Dex trading on Ecubo, native Starknet DXs enable deep, efficient trading of TBTC against select pairs. Users can deploy capital with minimal slippage and explore high-frequency strategies at a much lower cost. Coming soon! TBTC lending on on Vesu Soon, users can borrow against their TBTC positions without relinquishing custody, via Vesu. This integration mirrors the success of TBTC on Ethereum, where over 25% of the supply is locked in Aave. What can users do with TBTC on STARKNET execute on select trading and borrowing strategies. Provide liquidity at minimal rebalancing costs.
Starting point is 00:03:28 Use Bitcoin as collateral without selling. Manage positions freely on DEXs. Trade TBTC or explore staking pairs. Enabling new application use cases. Streaming payments. Enables Bitcoin-backed payments to be sent on a per-second basis. Automated strategies allows BTC to function within smart contract systems while minimizing gas overheads that could reduce returns.
Starting point is 00:03:52 Bitcoin-powered gaming facilitates microtransactions through low-cost, instant Bitcoin-backed transfers, making them viable in gaming environments. What's coming next? One. Perpetuals and CDPs. Upcoming integrations with PERP DEXs and collateralized debt protocols will expand risk-managed leverage options and allow BTC to power more complex DeFi tools. 2. Yield vaults. Future integrations with automated vaults will
Starting point is 00:04:19 simplify liquidity management for users and unlock more opportunities with BTC on DeFi. 3. Oracles and liquidity infrastructure. Collaborations with major liquidity providers and oracle networks will ensure accurate price feeds and optimal capital deployment. Greater than, this fundamentally changes Bitcoin's role in DeFi, said Damien Chen, head of, growth at the Starknet Foundation. We're seeing developers revisit ideas greater than killed by high fees. Bitcoin at scale is finally possible on starknet. Security without compromise unlike other wrapped bitcoins that require corporate custody, TBTC uses threshold cryptography. Multiple independent nodes secure bitcoin deposits, ensuring that
Starting point is 00:05:01 no single entity controls funds. No KYC is required, and users maintain Bitcoin sovereignty while accessing DeFi. Starknet's zero-knowledge proofs provide the scaling. Stark cryptography compresses thousands of transactions into one proof, achieving 857 TPS in testing while maintaining Ethereum's security guarantees. How to access TBTC on Starknet Access TBTC on Starknet via two ways. Direct Minting from BTC to TBTC. Starknet. https://dashboard.
Starting point is 00:05:34 Threshold. Network. TBTC. Mint. Bridge TBTC from Ethereum L1 to Starknet. https://starkgate. Starknet. IO. Ethereumarkgate.starknet.io, Ethereum, Bridge, mode equals deposit, with $547 million in TVL, 193 active protocols, and over 11,000
Starting point is 00:05:57 daily users, Starknet has rapidly emerged as a hub for scalable, composable DeFi. Starknet users can now directly mint tbtc, a fully backed, one-to-one representation of native Bitcoin, through the Threshold UI, providing them with seamless access to Bitcoin's value without intermediaries and with full self-custody. Additionally, users can bridge existing TBTC from Ethereum L1 to Starknet via the official Starkgate bridge, offering even more flexibility for Bitcoin holders L1 to Starknet via the official Starkgate bridge, offering even more flexibility for Bitcoin holders to participate in Starknet DeFi. Market context Despite a $2.1 trillion market cap, Bitcoin's
Starting point is 00:06:34 presence in DeFi remains minimal, with just $6.3 billion, under 0.3% locked in decentralized protocols, according to DeFi Llama data from June 2025. As transaction costs decline and access barriers are removed, the Bitcoin DeFi market has the potential to grow 10 to 15x, unlocking new utility beyond passive holding and into active, composable participation across DeFi. TBTC has operated since 2020 as the leading trust minimized Bitcoin protocol. Combined with Starknet's proven 857TPS capacity, Bitcoin DeFi can finally scale. About Threshold Network Threshold Network powers TBTC, the leading decentralized, 1-to-1 Bitcoin
Starting point is 00:07:20 backed as set for DeFi. Secured by a 51-of-100 threshold signer model, TBTC enables BTCTO move across multiple chains, including Ethereum, Solana, Arbitrum, and B.O.B. Without requiring custodians or compromising security. With $450 million plus in TVL and $3.6B in bridge volumes since 2020, Threshold delivers the most robust trust-minimized Bitcoin infrastructure in DeFi. About Starknet Starknet is a permissionless, decentralized zero-knowledge, ZK, roll-up that offers high scalability, low fees, and fast finality. Powered by Stark proofs and
Starting point is 00:08:01 developed by Starkware, Starknet is designed for long-term composability, security, and developer flexibility. Disclaimer. This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those discussed. Nothing in this press release should be considered investment advice. Contact Marketing RC Threshold Threshold Labs Marketing at TNetwork Labs. Com This story was published as a press release by Chainwire under Hacker Noon's business blogging program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence.
Starting point is 00:08:36 Visit HackerNoon.com to read, write, learn and publish.

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