Bitlayer's July 2025 Monthly Report reveals extraordinary progress in its infrastructure, highlighting key milestones that solidify its position in Bitcoin DeFi. The report details TVL growth to $850 million, a 372% increase, alongside 65 million transactions processed since mainnet. This data underscores the network's scalability and user adoption, driven by low-cost, high-speed operations.
At the heart of Bitlayer's infrastructure is the BitVM paradigm, enabling Bitcoin-anchored smart contracts. The V2 whitepaper, released during Summer Launch, introduces features like fraud proofs for state verification and decentralized sequencing, ensuring no single point of failure. $BTR plays a central role, used for staking to secure the rollup, governance on upgrades, and incentives for ecosystem participants.
July saw the launch of the Booster Campaign Phase 2, distributing 7.5 million $BTR via tasks, boosting engagement. The report also covers the BitVM Bridge mainnet, facilitating YBTC minting for cross-chain DeFi. Partnerships with Celestia for data availability and StakeStone for liquidity enhanced the network's interoperability.
Metrics from the report include min_faves for community tasks and integrations with over 200 dApps. The infrastructure's EVM compatibility allows seamless developer migration, with tools like the DApp Center offering points-based rewards. Gas fees remain at $0.1 median, supporting everyday use cases like trading and gaming.
Future plans in the report tease V3 architecture, focusing on parallel execution for ultra-high TPS. This will enable customizable trading engines, attracting institutional players. $BTR's allocation for development funds ensures continuous innovation, with deflationary mechanics via burns.
The report emphasizes community initiatives, such as the Racer Center's mini-games, fostering loyalty. Security updates include ZK enhancements and mining pool collaborations for robust confirmations.
@BitlayerLabs ' transparent reporting builds trust, positioning Bitlayer as Bitcoin DeFi's infrastructure powerhouse.