TBTC (Ethereum) vs ZCHF (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-26.
| TBTC | ZCHF | |
|---|---|---|
| Price | $83.41K | $1.23 |
| Market cap | $348.57M | $37.38M |
| 24h volume | $346.17K | $750.29K |
| Liquidity | $26.61M | $1.41M |
| FDV | $348.57M | $37.38M |
| Holders | 25,225 | 2,121 |
| Age (days) | 871 | 951 |
| Safety grade | B | D |
tBTC is Threshold Network's trust-minimized wrapped Bitcoin — the decentralized-custody answer to WBTC, where a rotating set of node operators secures the BTC rather than a single custodian. The deployment 0x18084fba666a33d37592fa2633fd49a74dd93a88 is the v2 mint; our September 27, 2026 snapshot reads $26.6 million of tracked pool liquidity.
The honest contrast is the whole point of the asset: tBTC trades BitGo's institutional custody for a threshold-signature committee — no single company can lose or freeze the coins, but the security model is cryptographic-economic (operator collateral) rather than legal, which is a different risk shape, not a strictly smaller one. Its depth vs WBTC's billions is the market's honest verdict on how much that trade matters to people.
Frankencoin (ZCHF) is a Swiss-franc stablecoin minted against overcollateralized positions — and unusually, its design lets anyone propose a new collateral type and bootstrap a minting position through a challenge-auction process, without leaning on the price-oracle dependency most stablecoins need. The contract 0xb58e61c3098d85632df34eecfb899a1ed80921cb is the mainnet deployment; our September 26, 2026 read shows $1.4 million of tracked liquidity.
The honest read: ZCHF is one of the more genuinely decentralized stablecoin designs in production — the trade-off is that demand for a Swiss-franc unit on-chain is structurally niche, and the system's safety rests on challenge auctions actually attracting challengers when collateral goes bad. Small, quirky, and technically interesting — treat it as a design experiment that works, not a deep-liquidity vehicle.
By tracked market cap: TBTC (Ethereum) measures $348.57M and ZCHF (Ethereum) measures $37.38M — dated snapshots, not a live feed.
On the contract checks we publish: TBTC (Ethereum) grades B and ZCHF (Ethereum) grades D. A grade is a structural check on the contract, not a promise about the asset.
Between 2026-09-08 and 2026-09-26T18:07:24, the measured snapshots show TBTC at +7.88% and ZCHF at 0.00%.
TBTC vs USD1TBTC vs GHOTBTC vs UNITBTC vs FRXUSDZCHF vs GBSDETH vs ZCHFZCHF vs MARSCOINTEL vs ZCHF
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-08→2026-09-26T18:07:24; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.