⚡️⚡️Bitcoin-Backed YBTC Arrives on $SUI Network via Bitlayer’s BitVM Bridge — A New Era for Cross-Chain DeFi
The integration of Bitcoin-backed token YBTC into the Sui Network marks a major step toward expanding Bitcoin’s utility within the DeFi ecosystem. Bitlayer, led by CEO Charlie Hu, has successfully deployed its BitVM bridge to Sui, allowing BTC liquidity to flow seamlessly into Sui-based decentralized finance protocols.
YBTC, a pegged and bridged version of Bitcoin, now enables BTC holders to participate directly in DeFi yield strategies on the high-performance Sui blockchain. This unlocks new opportunities for Bitcoin capital to generate yield without sacrificing BTC’s core role as a store of value.
The BitVM bridge uses advanced cryptographic solutions to maintain trustless security while enabling interoperability between Bitcoin and Sui. With this integration, users can deploy YBTC across various Sui-native DeFi platforms, earning yields through lending, liquidity provision, and staking opportunities previously unavailable to BTC holders.
This comes as institutional demand for yield-generating crypto products rises. By bringing Bitcoin liquidity to a fast, low-fee, scalable network like Sui, Bitlayer positions itself at the forefront of cross-chain financial innovation.
Charlie Hu emphasized this bridge is not just a technical integration but a step toward unlocking Bitcoin’s financial potential across emerging DeFi ecosystems. As institutions seek capital efficiency, deploying Bitcoin across chains without selling it becomes increasingly valuable.
With over $300 million in TVL on Sui and growing DeFi support, this integration could set a new standard for BTC utility beyond passive holding.
Is this the beginning of a new chapter where Bitcoin becomes not just digital gold, but a fully integrated financial asset across global DeFi platforms?#AMAGE