YBTC: Connecting Secure Bitcoin to DeFi
At the core of the BitVM Bridge is YBTC, a token pegged 1:1 to BTC that is minted whenever BTC is locked into BitVM smart contracts. Unlike custodial bridges, YBTC’s security and trustworthiness come from verifiable, trust-minimized protocols.
Once minted, YBTC can be fully utilized within the DeFi ecosystem holders can stake, lend, borrow, trade, or provide liquidity across various multichain decentralized exchanges. Because its backing is based on transparent on-chain mechanisms, YBTC offers greater security than alternatives like WBTC, which depend on centralized custodians.
YBTC transforms Bitcoin from merely a store of value into an active DeFi asset, combining both utility and security to empower the emerging BTCFi landscape.
Looking forward, as Bitlayer expands YBTC’s integration across additional blockchain networks and liquidity platforms, YBTC could become a foundational asset for Bitcoin’s programmable finance future.
