#Bitlayer | $LAYER | @BitlayerOfficial
Bitlayer is helping unlock Bitcoin’s unused potential by combining BitVM smart contracts with a PoS + Rollup system that is secured by the Bitcoin network. The goal is to make fast, safe, and multi-chain Bitcoin DeFi possible letting BTC move easily into lending, trading, and yield farming across Web3.
Market & Performance
• Price: ~$0.42–$0.45
• Market Cap: ~$420M–$450M | FDV: ~$1.2B
• Circulating Supply: ~1B LAYER (Max: 2.5B)
• 24H Volume: $60M–$75M
• ATH: ~$0.60 (2025) | ATL: ~$0.15 (2024)
• Growth: +8–12% (24H) | +22% (7D)
Protocol Scale & Usage
• $550M+ TVL across all connected networks.
• 150K+ daily transactions on mainnet.
• 300+ projects already using Bitlayer.
Multi-Chain Bridge: Move BTC → YBTC (1:1) to Sui, Arbitrum, Base, Cardano, Plume, and more.
Funding & Partnerships
• $25M raised in total:
• $5M Seed (Mar 2024)
• $11M Series A (Jul 2024)
• $9M Series A extension (Oct 2024)
Top Investors: Polychain Capital, Franklin Templeton, ABCDE, Framework Ventures.
Mining Pool Partners: Antpool, F2Pool, SpiderPool.
Ecosystem Partners: Base, Arbitrum, Starknet, Sonic SVM, Plume.
Wallet Support: Xverse Wallet for direct BTC DeFi access.
Technology
BitVM smart contracts programmable features on Bitcoin without changing its base layer.
• PoS + Rollup design for speed and scalability.
• Cross-chain support works with Ethereum, Solana, and more.
• Goal: 20,000 transactions per second, 3-second finality by Q4 2025.
$LAYER Token Utility
• Governance: Vote on updates and proposals.
• Staking & Delegation: Help secure the network and earn rewards.
• Fee Payments: Pay for bridging, settlements, and services.
• Incentives: Airdrops, liquidity rewards, developer grants.
• Deflationary Model: Part of fees used to buy back and burn tokens.
Recent Highlights
• BitVM Bridge Mainnet trust-minimized BTC transfers to multiple chains.
• Developer Program tools and grants for bringing smart contracts to BitVM.
• Incentives Program rewards for early stakers, validators, and liquidity providers.
Why Bitlayer is Different
• First in BitVM DeFi: Brings smart contracts to Bitcoin without changing it.
• Trust-Minimized: No centralized custodian like WBTC.
• Backed by Big Names: Supported by top funds and integrated with major wallets and blockchains.
• Fast & Secure: Combines Bitcoin’s security with rollup-level speed.
• Strong Growth: Rapid rise in TVL, users, and integrations.
Bitlayer is not just improving Bitcoin it’s building the infrastructure for global Bitcoin-native DeFi.