#Bitlayer

Bitlayer is a Bitcoin Layer-2 rollup built on the BitVM paradigm, designed to bring scalability and smart contract functionality to Bitcoin without compromising its core security. Launched in April 2024 with its PoS (V1) mainnet, Bitlayer is now developing its Rollup (V2). It offers EVM compatibility, enabling developers to deploy decentralized apps with Bitcoin-level security and efficiency. The BitVM Bridge allows secure BTC transfers to EVM ecosystems like Base, Arbitrum, and Starknet. Since launch, Bitlayer has processed over 65 million transactions, reached $850M in TVL, and onboarded 200+ projects. Its native token, BTR, powers governance, staking, and will serve as gas in the future. By merging Bitcoin’s trust with DeFi’s flexibility, Bitlayer is set to become a key player in the growing BitcoinFi ecosystem.