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T to USDT Converter
1 T = 0.00476691 USDT · updated 06:21 UTC
Volume Bubbles Chart (1h)
Each 1-hour candle's volume is signed by its direction (up candles count as net buying, down candles as net selling) and drawn as a bubble at the closing price, green for buying and red for selling. Bubble size and colour intensity show how strong that flow is compared with the last 300 candles: the strongest 30% get full bubbles with their USD value, the rest stay as small dots. Unusually large bubbles flag aggressive buying or selling worth a closer look, often near breakouts, reversals or key levels.Seasonal Chart
Plots one line per calendar year showing the % change since the start of that year, with the current year highlighted against up to four previous years. Lining the years up on the same calendar shows whether the price tends to rise or fall in the same months, helping you spot recurring seasonal patterns. Treat it as context rather than a forecast: past seasonality does not guarantee future moves.Threshold Network Markets
Threshold Network Historical Data
About Threshold Network (T)
Threshold and T
Threshold Network focuses on decentralized Bitcoin infrastructure, including tBTC. T is the network’s governance and staking token. Threshold’s 2026 materials describe staking as a way to connect T participation with tBTC transaction economics, including fee waivers for eligible stakers. This gives T a role that extends beyond governance into the operation and economics of the network’s Bitcoin bridge.
tBTC and Bitcoin infrastructure
tBTC is designed to represent Bitcoin in decentralized finance without relying on a single centralized custodian. Threshold’s architecture uses decentralized mechanisms for custody and redemption. The network has continued expanding tBTC infrastructure in 2026, including work around Bitcoin accounts, minting and redemption and integrations with other blockchain ecosystems.
T staking utility
Threshold introduced fee waivers for T stakers in January 2026. Its published mechanism allows staked T to offset eligible tBTC minting and redemption fees over a rolling period. Threshold later reactivated a 20 basis point tBTC mint fee on April 15, 2026, making staking-based fee offsets relevant to both sides of the bridge flow.
Governance and economics
T is also used in Threshold governance and staking. Threshold’s Q1 2026 report described protocol fee capture and noted that revenue can support the treasury and discretionary open-market T buybacks. The report explicitly described buybacks as discretionary rather than a fixed distribution policy, so this distinction should remain in current content.
T risks
T is exposed to smart-contract, bridge, Bitcoin custody, staking and governance risks. tBTC also depends on the correctness of the decentralized systems that control minting and redemption. Fee mechanisms can change through governance, so dated Threshold proposals and announcements should be checked before making claims about current fees or staking benefits.
This page separates project documentation from live FMchart market fields. Historical tokenomics, staking rules and roadmap statements are dated where relevant, while live figures are intended to refresh independently when market data is available. Readers should use current project documentation for changes after the review date.
For FMchart readers, T should be understood alongside Threshold’s current tBTC infrastructure rather than only through older governance summaries. Threshold’s 2026 reports describe T as a governance and staking token and connect staking with tBTC minting and redemption fee economics. Fee parameters have changed through governance, so the date of a source matters. Live T price, market cap, rank and supply are supplied separately by FMchart’s market-data layer. The composite price history may begin after Threshold’s earliest activity because the available exchange series determines the historical window. Threshold’s own reports also distinguish discretionary treasury actions from fixed token policies. This page follows that distinction and avoids turning a dated buyback or fee statement into a permanent rule. Readers can therefore compare the project’s technical role with current market information without confusing protocol governance with a guaranteed economic outcome.
Last reviewed: Oct 8, 2026
Threshold Network (T) FAQ
What is T?
T is the governance and staking token of Threshold Network, which provides decentralized Bitcoin infrastructure including tBTC.
What is the current T price?
The current T price is $0.0048 in FMchart’s composite market data, shown as a USD reference across supported exchanges.
What is T used for?
T is used for governance and staking on Threshold, including mechanisms that can provide eligible tBTC fee waivers.
Can T be staked?
Yes. Threshold supports T staking, and 2026 updates connect staking with tBTC minting and redemption fee-waiver mechanisms.
What is the current T supply?
Threshold’s 2026 benchmark report described T as having about 100% float and no unlock overhang at its reporting date; current supply remains a live market field.
What is T’s market cap and rank?
T has a market cap of $53.09M and a market rank of 418 in FMchart’s current market-data fields when available.
How has T performed historically?
In FMchart's composite price history (since January 2023), T recorded November 2024 (+59.3%) as its best month and April 2024 (-34.7%) as its worst month, with 1 of 3 full calendar years positive calendar years.
What is tBTC?
tBTC is Threshold’s decentralized Bitcoin asset designed to bring BTC into onchain applications while using Threshold’s decentralized custody and redemption mechanisms.
When did the tBTC mint fee return?
Threshold reactivated a 20 basis point tBTC mint fee on April 15, 2026, following approval of TIP 109.
What are the risks of T?
Risks include bridge security, smart contracts, staking, Bitcoin custody mechanisms and governance changes that can alter fee or incentive parameters.