@BitlayerLabs : Bringing Smart Contracts & DeFi to Bitcoin
Bitlayer is a Layer-2 network built on Bitcoin, enabling smart contracts, scalable transactions, and decentralized finance while preserving Bitcoin’s renowned security. Powered by the BitVM framework, it processes activity off-chain for speed and low fees, then secures final settlement directly on the Bitcoin blockchain.
Its BitVM Bridge allows BTC holders to convert Bitcoin into YBTC, a 1:1 pegged asset for use in lending, trading, staking, and other DeFi protocols—without relying on centralized custodians. The bridge offers both a secure, protocol-level route for maximum trust minimization and a faster, flexible swap path for everyday transfers.
#Bitlayer is EVM-compatible, supporting Turing-complete smart contracts and allowing developers to deploy or migrate applications with ease. It offers rapid confirmations, high throughput potential, and Bitcoin-anchored finality for robust integrity.
With over $550M in total value locked, more than 150,000 daily transactions, and an ecosystem exceeding 300 projects, Bitlayer is emerging as a leading gateway for bringing Bitcoin liquidity into the programmable economy—unlocking new opportunities for both users and builders.
