tBTC July 2025: Strategic Growth Through Market-Driven Development

July marked significant progress for Threshold Network and tBTC, with total value locked reaching $696 million and successful expansion to Sui Network. These metrics reflect broader developments in our mission to provide trust-minimized Bitcoin infrastructure for DeFi.

Sui Network Launch: Meeting Market Demand

Within 30 days of launching on Sui, over 100+ tBTC have been deployed across the ecosystem. This adoption rate demonstrates clear market demand for trust-minimized Bitcoin on high-performance chains.

Here's a Quick Recap:

• @bluefinapp is generating 21%+ APR on tBTC liquidity strategies
• @AlphaLendSui offers 18.56% supply rates for tBTC
• @bucket_protocol enabled using tBTC as collateral to borrow BUCK, at 0.3% Borrow fee at 9% Interest Rate.

These opportunities, combined with strong utilization metrics, indicate that @SuiNetwork ecosystem participants value having access to decentralized Bitcoin infrastructure.

Campaign Extensions Based on Performance Data

Three major incentive programs received extensions in July, each decision driven by specific utilization metrics:

The Mezo Network program, distributing $80,000 in tBTC rewards, will continue through August 31. This program maintains essential liquidity depth on Ethereum L1, which serves as the foundation for cross-chain operations. The extension reflects strong participation rates and strategic importance. Read about the campaign mechanics here.

Gearbox Protocol Re7 Pool maintains 4.91% APY with 62.87% utilization. The extension through August 31 recognizes institutional demand for strategies without liquidation risk - a specific market segment that values capital preservation alongside returns. Visit the link here.

Bucket Protool Galxe Campaign with tBTC is extended until August 20. Users can still join the campaign and earn $2,000 in pooled rewards by accomplishing all the tasks and borrowing at least $50 worth of BUCK tokens using tBTC. Get the link here.

Infrastructure Growth and Strategic Integrations

OKX Wallet integrated tBTC on August 7, launching with 13.99% APR and accumulating $5M TVL within the first week. This rapid adoption from a major platform validates the demand for decentralized Bitcoin access.

Asymmetry Finance now accepts tBTC as collateral for sUSDAf borrowing at 3.39% APR. The selection of tBTC among multiple Bitcoin representations reflects growing recognition of our security model and technical architecture.

Curve Finance continues processing substantial volume through the tBTC/cbBTC pool - $2.9M daily with minimal slippage even on million-dollar transactions. This liquidity depth enables institutional-size operations without market impact.

July Events: Building Ecosystem Relationships

July 3-5: The Ethereum Community Conference (EthCC) took place in Cannes, where Threshold Labs co-founder Callan "Sap" Sarre attended alongside other team members to engage with protocol teams and explore integration opportunities. These direct conversations with builders and developers help identify technical requirements and partnership possibilities that shape our roadmap.

On July 11, CEO Maclane Wilkison participated in a Bitcoin.com News podcast, providing detailed insights into our Sui integration strategy and technical architecture. This media engagement helps communicate our approach to trust-minimized infrastructure to broader audiences.

On July 16, Callan “Sap” Sarre joined Brave New Coin to discuss how tBTC is rooted in Bitcoin’s core ethos, his vision for tBTC’s role in the onchain economy, and why the opportunity to unlock Bitcoin across multiple networks is greater now than ever before.

Then, on July 20, Sap appeared on the Blockhash Podcast to share his broader perspective on the Bitcoin market — where it’s heading, the key shifts shaping its future, and the enduring principles that have kept tBTC and Threshold Network the clear choice for accessing real Bitcoin on-chain

Strengthening the Team

July brought two strategic additions to Threshold Labs:

Jem Salvio joined as Content and Social Media Manager, bringing expertise in digital communications and community engagement. This role becomes increasingly important as we translate technical achievements into accessible narratives for diverse audiences.

José Orlicki joined the engineering team, adding development capacity for our growing integration pipeline. As demand for tBTC implementations across chains increases, engineering bandwidth directly impacts our ability to deliver.

Sustainable Growth Considerations

Current APR levels across various protocols reflect market conditions and incentive programs. As these programs conclude, rates will naturally adjust to sustainable levels. We monitor these transitions carefully, ensuring that core infrastructure remains robust regardless of short-term incentive structures.

The $696 million TVL represents trust from 3,911 holders who value decentralized infrastructure. Each holder represents a conscious choice to prioritize security and decentralization over potentially higher returns available through centralized alternatives.

What to Expect this August

This August, Threshold Network will be participating as one of the Main sponsors for BTC Summit, happening on August 27 - 29, 2025, in Hong Kong, as the official side event for Bitcoin Asia.

Callan “Sap” Sarre will be taking the stage as a keynote speaker to discuss the evolving Bitcoin economy — and how tBTC aims to solidify its position as the trust-minimized, onchain standard for Bitcoin utility.

Before the end of August, we’ll launch Phase 2 of our Sui Campaign, highlighting tBTC’s next step within the Sui ecosystem and our plans to expand its impact.

Our recent strategic article, "Setting the Bitcoin Standard: What's Next for Threshold Network and tBTC," provides a comprehensive context for these developments and our longer-term vision.July's achievements reinforce that market demand exists for truly decentralized Bitcoin infrastructure. By focusing on technical excellence and responding to actual user needs, we continue building the foundation for Bitcoin's role in DeFi.

Explore tBTC opportunities at threshold.network

Disclaimer: The information provided is for educational purposes only and does not constitute financial, investment, or legal advice. Investing in cryptocurrency and digital assets involves a high degree of risk. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.