TST

Teleport System Token price 
TST

$0.02442  

6.92% (1d)

Teleport System Token to USD Chart

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Teleport System Token statistics
Market cap
 

0.00%

$3,186,151
#2652
Volume (24h)
 

423.71%

$2,739,469
#643
Volume/Market cap (24h)
 
85.98%
Self-reported circulating supply
 
130,480,707 TST
13.05%
Total supply
 
1,000,000,000 TST
Max. supply
 
1,000,000,000 TST
Fully diluted market cap
 
$24,418,560
TST to USD converter
TST
USD
Price performance
24h 
Low
$0.02202
High
$0.02681
All-time high
Jun 27, 2024 (15 days ago)
$0.1169
-79.12%
All-time low
Jul 08, 2024 (5 days ago)
$0.02003
+21.9%
See historical data
Popularity
In watchlists832x
6539th / 10.0K
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About Teleport System Token

TeleportDAO is a trustless bridge connecting Bitcoin to EVM chains and Bitcoin layer 2s. This enables developers to build secure and decentralized cross-chain applications for Bitcoin. The bridge uses light-client verification to verify Bitcoin data on other chains without trusting third parties. A decentralized network of Relayer nodes submits Bitcoin block headers on the target chains. These submitted headers are then verified and finalized against Bitcoin consensus rules.

So far, two applications are powered by this bridge: TeleSwap and TeleOrdinal. TeleSwap is a decentralized protocol for bridging BTC and Bitcoin tokens (BRC-20s and RUNEs) to other chains. This enables users to trade Bitcoin assets for ERC-20s in a fully decentralized way. It also allows users to bring their Bitcoin assets to other chains by wrapping them and receiving decentralized wrapped assets, which can be used in the DeFi applications of the target chain.

TeleOrdinal is the first cross-chain marketplace for Bitcoin NFTs (Ordinals). Users can purchase Ordinals with stablecoins through TeleOrdinal without needing to trust sellers. Anyone can list an Ordinal or create a collection on TeleOrdinal. Others can then bid on the listed Ordinals, with their funds stored in a smart contract. These funds will be released to the seller once she transfers the Ordinal to the buyer and provides proof of the transfer.