@BitlayerLabs As Bitcoin gradually surpasses its mere function as a store of value, BTCFi is expected to dominate the growth of Web3 in 2025 and beyond. Driven by macroeconomic changes such as the increasing demand for yield, arbitrage, and hedging, traditional institutions and publicly listed companies are accelerating their adoption of BTCFi. Meanwhile, BTC holders are eager to profit from idle assets without sacrificing security. Bitlayer has emerged: this pioneering infrastructure platform seizes this immense opportunity to transform Bitcoin into a powerful engine for DeFi.
BitVM Bridge: A next-generation, trust-minimized BTC bridging solution, and the first BitVM-based bridge to go live on the mainnet. It employs a challenge-based verification mechanism to seamlessly and securely bring BTC into DeFi in the yield-generating form of YBTC, thereby unlocking Bitcoin's full potential without compromise.
Bitlayer Network: A high-performance Bitcoin Rollup chain based on the BitVM stack and real-time EVM, designed to build a thriving Layer 2 ecosystem with latency under 10 milliseconds, low costs, and EVM compatibility, suitable for scalable DeFi applications.
Bitlayer's growth momentum is rapid: Bitlayer has established strategic partnerships with top Layer 1 chains such as Sui, Base, Arbitrum, Cardano, Starknet, and Sonic, as well as mainstream mining pools like Antpool, F2Pool, and SpiderPool. The expansion of this ecosystem has attracted 3 million users, with total locked value (TVL) peaking at $850 million in 2024 (currently around $390 million), and has driven events like the Binance Wallet BTCFi Carnival, which attracted 1.86 million participants, with on-chain transaction volume reaching 4.39 million.
With the backing of heavyweight investors, Bitlayer has raised $25 million from top venture capital firms such as Polychain Capital, Franklin Templeton, Framework Ventures, and ABCDE, demonstrating strong confidence in its Bitcoin DeFi vision.
Don’t miss out on the airdrop event: The Binance Wallet's "Booster" activity is in full swing (Phase 2 has launched), offering $BTR token rewards.
Additionally, upcoming activities include a Pre-TGE event, developer rewards of up to $50 million, as well as DApp Center airdrops and Racer Center tasks,