Good morning! Bitlayer Labs has just revealed three big updates at their Summer Conference, opening a faster path for Bitcoin’s massive liquidity to flow into DeFi. Here’s the main news:
1. BitVM Cross-Chain Bridge Mainnet Beta Goes Live
Trustless staking means only one honest node is needed to keep assets safe. Mining pool leaders Antpool and F2Pool are validating transactions in real time.
YBTC is pegged 1:1 to Bitcoin and now connects directly to Sui, Arbitrum, and 8+ other blockchains, allowing BTC to earn yield across multiple networks.
2. Network 2.0 White Paper Released
Bitlayer is bringing Bitcoin closer to rollup-level speed and scalability:
Bitcoin level security with BitVM fraud proof verification on the mainnet.
Near instant confirmations with a decentralized sequencer.
An emergency exit system to protect asset ownership.
Over 200 applications already live, with total value locked (TVL) peaking at $850 million.
3. V3 Architecture Targets CEX-Level Performance
Sub-millisecond transaction times with parallel EVM execution, solving high gas fee congestion.
Throughput designed for institutional-scale trading and liquidity.
Extra Highlights
Binance CreatorPad will distribute 100,000 BTR tokens through interactive sharing.
Bitlayer secured $25 million in funding from Franklin Templeton and others.
Ongoing airdrop staking for early participants.
Key breakthrough: The BitVM model lets Bitcoin holders safely control their yield and earning rights.
