Bitlayer: Building Bitcoin's Comprehensive DeFi Future
For many years, Bitcoin has been the world's most secure and valuable blockchain, but in terms of utility, it is primarily seen as a store of value. DeFi has exploded on Ethereum and other chains, while Bitcoin holders mostly just observe from the sidelines or rely on centralized bridges, staking to participate.
Bitlayer aims to change that without undermining Bitcoin's security model.
Big Idea
Bitlayer is building a complete DeFi infrastructure on Bitcoin. At its core are three main components:
BitVM Bridge — a trusted bridge that minimizes the native $BTC variance into $YBTC without relying on holders.
