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% | £41,304 | 16.5% | Onchain pool |
| 4 |  HydrexBase |
tGBP / frxUSD | — | £6,705 | 2.7% | Onchain pool |
| 5 |  PancakeSwap v3BNB Chain |
tGBP / USDC | 0.10% | £3,232 | 1.3% | Onchain pool |
| 6 | AerodromeBase |
tGBP / frxUSD | 0.06% | £1,963 | 0.8% | 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
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
Source: our own reads, 6 Oct 2026. Spreads from exchange order books.
All 12 markets →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.