Tokenised GBP
tGBP #1 GBPShaded band ±0.5% · our own reads
Markets
13 markets · 8 chains| # | Market | Pair | Spread | 24h volume | Share | UK status |
|---|---|---|---|---|---|---|
| 1 |  CoinbaseExchange |
tGBP / USDC | 0.02% | £71,234 | 48.9% | FCA registered |
| 2 |  AerodromeBase |
tGBP / USDC | 0.10% | £21,368 | 14.7% | Onchain pool |
| 3 |  OrcaSolana |
tGBP / USDC | — | £18,697 | 12.9% | Onchain pool |
| 4 |  KrakenExchange |
tGBP / USD | 0.01% | £18,172 | 12.5% | FCA registered |
| 5 |  PancakeSwap v3BNB Chain |
tGBP / USDC | 0.10% | £4,633 | 3.2% | Onchain pool |
| 6 |  Uniswap v3Ethereum |
tGBP / USDC | 0.10% | £4,237 | 2.9% | Onchain pool |
| 7 |  HydrexBase |
tGBP / frxUSD | — | £4,017 | 2.8% | Onchain pool |
| 8 | Uniswap v3Polygon |
tGBP / USDC | — | £1,679 | 1.2% | Onchain pool |
| 9 | AerodromeBase |
tGBP / frxUSD | 0.06% | £776 | 0.5% | Onchain pool |
| 10 | Uniswap v4Polygon |
tGBP / USDC | — | £747 | 0.5% | Onchain pool |
| 11 | OrcaSolana |
tGBP / GILTS | 0.04% | £0 | 0.0% | Onchain pool |
| 12 |  CurveEthereum |
tGBP / frxUSD | 0.40% | £0 | 0.0% | Onchain pool |
| 13 | Uniswap v3Arbitrum |
tGBP / USDC | — | £0 | 0.0% | Onchain pool |
CoinbaseExchange · tGBP / USDCFCA registeredBuy £1.0003 · Sell £1.0002 · order book
AerodromeBase pool · tGBP / USDCBuy £1.0011 · Sell £1.0001 · £1,000 swap
OrcaSolana pool · tGBP / USDCKrakenExchange · tGBP / USDFCA registeredBuy £1.0003 · Sell £1.0003 · order book
PancakeSwap v3BNB Chain pool · tGBP / USDCBuy £1.0024 · Sell £1.0014 · £1,000 swap
Uniswap v3Ethereum pool · tGBP / USDCBuy £1.0017 · Sell £1.0007 · £1,000 swap
HydrexBase pool · tGBP / frxUSDUniswap v3Polygon pool · tGBP / USDCAerodromeBase pool · tGBP / frxUSDBuy £1.0003 · Sell £0.9997 · £1,000 swap
Uniswap v4Polygon pool · tGBP / USDCOrcaSolana pool · tGBP / GILTSBuy £1.0002 · Sell £0.9998 · order book
CurveEthereum pool · tGBP / frxUSDBuy £1.0020 · Sell £0.9980 · order book
Uniswap v3Arbitrum pool · tGBP / USDCSource: our own reads, 7 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.