Tokenised GBP
tGBP #1 GBPShaded band ±0.5% · our own reads
Markets
14 markets · 8 chains| # | Market | Pair | Spread | 24h volume | Share | UK status |
|---|---|---|---|---|---|---|
| 1 |  Uniswap v3Ethereum |
tGBP / USDC | 0.10% | £118,398 | 47.3% | Onchain pool |
| 2 |  OrcaSolana |
tGBP / USDC | 0.04% | £41,502 | 16.6% | Onchain pool |
| 3 |  AerodromeBase |
tGBP / USDC | 0.10% | £41,296 | 16.5% | Onchain pool |
| 4 |  CoinbaseExchange |
tGBP / USDC | 0.02% | £27,455 | 11.0% | FCA registered |
| 5 |  KrakenExchange |
tGBP / USD | 0.02% | £7,389 | 3.0% | FCA registered |
| 6 |  HydrexBase |
tGBP / frxUSD | — | £6,705 | 2.7% | Onchain pool |
| 7 |  PancakeSwap v3BNB Chain |
tGBP / USDC | 0.10% | £3,232 | 1.3% | Onchain pool |
| 8 | AerodromeBase |
tGBP / frxUSD | 0.06% | £1,963 | 0.8% | Onchain pool |
| 9 |  CurveEthereum |
tGBP / frxUSD | 0.40% | £1,062 | 0.4% | Onchain pool |
| 10 | Uniswap v3Polygon |
tGBP / USDC | 0.02% | £743 | 0.3% | Onchain pool |
| 11 | Uniswap v4Polygon |
tGBP / USDC | 0.13% | £402 | 0.2% | Onchain pool |
| 12 | CurveEthereum |
tGBP / wstGBP | 0.11% | £0 | 0.0% | Onchain pool |
| 13 | Uniswap v3Arbitrum |
tGBP / USDC | — | £0 | 0.0% | Onchain pool |
| 14 | OrcaSolana |
tGBP / GILTS | 0.04% | £0 | 0.0% | Onchain pool |
Uniswap v3Ethereum pool · tGBP / USDCBuy £0.9984 · Sell £0.9974 · £1,000 swap
OrcaSolana pool · tGBP / USDCBuy £0.9996 · Sell £0.9992 · order book
AerodromeBase pool · tGBP / USDCBuy £0.9982 · Sell £0.9972 · £1,000 swap
CoinbaseExchange · tGBP / USDCFCA registeredBuy £1.0003 · Sell £1.0001 · order book
KrakenExchange · tGBP / USDFCA registeredBuy £1.0003 · Sell £1.0001 · order book
HydrexBase pool · tGBP / frxUSDPancakeSwap v3BNB Chain pool · tGBP / USDCBuy £0.9990 · Sell £0.9980 · £1,000 swap
AerodromeBase pool · tGBP / frxUSDBuy £1.0002 · Sell £0.9996 · £1,000 swap
CurveEthereum pool · tGBP / frxUSDBuy £1.0019 · Sell £0.9979 · order book
Uniswap v3Polygon pool · tGBP / USDCBuy £0.9981 · Sell £0.9979 · £1,000 swap
Uniswap v4Polygon pool · tGBP / USDCBuy £0.9988 · Sell £0.9976 · £1,000 swap
CurveEthereum pool · tGBP / wstGBPBuy £1.0004 · Sell £0.9994 · order book
Uniswap v3Arbitrum pool · tGBP / USDCOrcaSolana pool · tGBP / GILTSBuy £1.0001 · Sell £0.9997 · order book
Source: our own reads, 6 Oct 2026. Spreads from exchange order books.
About tGBP
What is it?
A digital pound on public blockchains. Each tGBP is meant to be worth exactly £1 and can move between wallets in seconds.
What backs it?
Check the issuer's latest attestation for what backs each tGBP, and how often it is published.
How do I get pounds back?
Redeem with the issuer for GBP, or sell on an exchange. Exchange prices can drift slightly from £1.
What could go wrong?
It loses its £1 peg. Prices can fall below £1 if markets doubt the backing. tGBP's widest move in 90 days was 0.31%.
The issuer fails. Not covered by the FSCS. Your claim depends on how the reserves are held.
You lose access. Lost keys or a failed app can mean lost coins. No password reset onchain.
Tax. Disposals can trigger capital gains tax, even on a pound-pegged coin.
About
What tGBP is, in three answers
What is it?
A digital pound on public blockchains. Each tGBP is meant to be worth exactly £1 and can move between wallets in seconds.
What backs it?
Check the issuer's latest attestation for what backs each tGBP, and how often it is published.
How do I get pounds back?
Redeem with the issuer for GBP, or sell on an exchange. Exchange prices can drift slightly from £1.
What could go wrong
It loses its £1 peg
Prices can fall below £1 if markets doubt the backing. tGBP's widest move in 90 days was 0.31%.
The issuer fails
Not covered by the FSCS. Your claim depends on how the reserves are held.
You lose access
Lost keys or a failed app can mean lost coins. No password reset onchain.
Tax
Disposals can trigger capital gains tax, even on a pound-pegged coin.