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Decentralized Btc · Review

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Keep Network Review 2026: From KEEP to Threshold

Keep Network merged with NuCypher to form Threshold Network, whose tBTC product connects Bitcoin with Ethereum. The bridge offers a route to use BTC in DeFi, but users should weigh the risks of wrapped assets and bridge infrastructure.

By the DappsAtlas editorial team · Updated

DappsAtlas score

5.5/10

Mixed

Our verdict on KEEP Network

5.5/10

Keep Network is best understood as the predecessor to Threshold Network, whose tBTC service connects Bitcoin with Ethereum. Its main strength is giving BTC holders a way to use an Ethereum representation of Bitcoin in compatible DeFi applications, with a redemption route back to BTC. The main caveat is bridge risk: users rely on contracts and the systems controlling Bitcoin reserves. Audit details, fees and licensing are not published, so users should examine the transaction terms and risks before proceeding.

Score breakdown

How KEEP Network scores

Security
5.0/10
Ease of use
6.0/10
Fees
n/a
Features
6.0/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is KEEP Network?

Keep Network merged with NuCypher to form Threshold Network. The current app is Threshold’s tBTC service, which is designed to let users bring Bitcoin onto Ethereum and later redeem it.

That makes the project relevant to BTC holders seeking access to Ethereum DeFi. It also means users take on bridge, smart-contract and Bitcoin custody-system risks. Fees and the scope of the audits are not published.

How KEEP Network works

tBTC is designed to represent Bitcoin on Ethereum. A user deposits Bitcoin through the bridge process and receives tBTC on Ethereum; the asset can then be used in compatible applications. To return to Bitcoin, the holder initiates redemption through the bridge.

4 features

Key features

01

Bitcoin to Ethereum

tBTC is designed to let Bitcoin holders mint a corresponding asset for use on Ethereum.

02

BTC redemption

The service supports redeeming tBTC back to Bitcoin, subject to the bridge’s process and conditions.

03

DeFi access

As an Ethereum asset, tBTC can be used in compatible DeFi applications that support it.

04

Distributed control

Threshold’s bridge design uses threshold cryptography to coordinate control of Bitcoin rather than relying on a single keyholder.

Pros and cons

What we like

  • Provides a path for Bitcoin holders to access compatible Ethereum applications.
  • Supports both minting tBTC and redeeming it for Bitcoin.
  • Threshold’s design uses distributed control rather than a single keyholder.

Watch out for

  • Keep Network is no longer a standalone project, so its current product and governance sit within Threshold Network.
  • Bridge contracts and the systems controlling Bitcoin reserves introduce smart-contract and operational risks.
  • The audit names, scope and findings are not published here; two audits are listed without further detail.
  • Fees, team information and licensing details are not published.
  • tBTC’s usefulness on Ethereum depends on its liquidity and acceptance across DeFi applications.

KEEP Network fees

Fees are not published. Check the tBTC app’s transaction details before minting or redeeming, and include any Ethereum network costs shown there.

Is KEEP Network safe?

Two audits are listed, but their names, scope and findings are not published. A bridge can expose users to smart-contract vulnerabilities and failures in the systems that control or transfer Bitcoin; tBTC may also lose its expected relationship to BTC. The team and licensing details are not published, and no incident history is stated. Review current transaction details and risks before using the app.

5 steps

How to get started with KEEP Network

  1. 1

    Open the Threshold app and confirm that you are using the tBTC service.

  2. 2

    Connect an Ethereum wallet that you control and check that it is set to the supported network.

  3. 3

    Review the current minting or redemption options and the transaction details shown in the app.

  4. 4

    Check the amount, destination and any displayed fees before approving a transaction.

  5. 5

    Keep the transaction record and verify the resulting token or Bitcoin transfer in the relevant wallet.

Who KEEP Network is for

This is most relevant to Bitcoin holders who want to use an Ethereum representation of BTC in compatible DeFi applications and understand the added risks of a bridge. It is less suitable for users who need a simple Bitcoin wallet or want to avoid smart-contract and custody-system exposure.

KEEP Network FAQs

What happened to Keep Network?

Keep Network merged with NuCypher to form Threshold Network. Its current app is centered on tBTC, a Bitcoin-backed asset designed for use on Ethereum.

What is tBTC?

tBTC represents Bitcoin on Ethereum, allowing holders to use BTC in Ethereum-based applications. Minting and redemption involve the bridge’s contracts and Bitcoin custody system.

Is Keep Network still active?

The app is associated with Threshold Network and its tBTC product. Keep Network itself is not presented as a separate current product.

What is the KEEP token used for?

The KEEP ticker is associated with Keep Network. The project’s current app is Threshold’s tBTC service; check current token and network details before making a transaction.

What fees does tBTC charge?

Fees are not published. Check the app’s transaction details before minting or redeeming, and account for any network costs shown there.

Is tBTC safe to use?

Bitcoin bridges and wrapped assets carry risks from smart contracts, custody arrangements and the mechanisms used to authorize transfers. Only use an amount you can afford to lose.

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How we checked

Sources

  1. 1.defillama.com/protocol/keep-network

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