Threshold Network’s tBTC Goes Live on Sui: Unleashing Bitcoin DeFi’s Next Frontier
Bitcoin meets DeFi 2.0—no more pretending wrapped BTC was good enough. Threshold Network just dropped tBTC on Sui, and the chains will never be the same.
Why it matters: Finally, a cross-chain Bitcoin solution that doesn’t rely on hopium or centralized bridges. tBTC’s arrival on Sui cracks open a trillion-dollar vault of dormant BTC liquidity—no banksters required.
The mechanics: Threshold’s decentralized minting protocol lets users swap BTC for tBTC 1:1, backed by overcollateralized ETH. Now Sui’s blistering-fast, gas-efficient network gets to play with Bitcoin’s deep pockets.
The cynical take: Wall Street’s still trying to ‘ETF’ its way into crypto relevance while builders actually innovate. tBTC on Sui? That’s how you short the legacy financial system.
Getting Involved
Bitcoin was never meant to sit idle. With tBTC on Sui, it won’t have to. Users can get involved in this campaign by:
- Direct Minting of tBTC on Sui via Threshold dApp:
- https://dashboard.threshold.network/tBTC/mint
- How to Mint tBTC to Sui Tutorial:
- https://www.youtube.com/watch?v=RZRNV0SJ7kA
- Participating in Galxe Quest and Other Quests:
- https://app.galxe.com/quest/Threshold / https://app.galxe.com/quest/bluefin
- Experience fluid trading on Bluefin DEX: https://trade.bluefin.io/deposit/0x86a297256529521b4a5f2b619d4ee94286a52bcdf6bbb2a68f98d0f67221b098
- Access tBTC lending options through AlphaLend:
- https://trade.bluefin.io/lend
- Transform idle BTC into everyday utility with Bucket
- Automate complex Bitcoin strategies with AlphaFi
Learn more about Sui and the Threshold Network at sui.io and https://threshold.network, or follow them on X at @SuiFoundation and @TheTNetwork.
About Threshold Network
Threshold Network is the decentralized protocol behind tBTC, a fully non-custodial, 1:1 Bitcoin-backed asset secured by a 51-of-100 threshold signer model. tBTC enables native BTC to move across chains like Ethereum, Base, BOB, and Arbitrum without requiring custodians or compromising security. With over $ 500 M in TVL and over $ 3.6 B in bridge volume, Threshold offers the most battle-tested, trust-minimized Bitcoin infrastructure in DeFi. For more information about Threshold Network, users can visit https://threshold.network.
About Sui
Sui is a first-of-its-kind LAYER 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain, providing a platform on which creators and developers can build amazing, user-friendly experiences. For more information about Sui, users can visit https://sui.io.
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.
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