What Is Bitlayer?
Bitlayer is building powerful tools to bring smart contracts and DeFi (Decentralized Finance) to Bitcoin. It uses a new technology called BitVM to make Bitcoin more secure, fast, and programmable.
Bitlayer’s Main Products
BitVM Bridge & YBTC
A new way to move Bitcoin into DeFi safely. It turns BTC into YBTC, which can earn rewards and be used in DeFi apps.
Bitlayer Network
A fast and low-cost system (called a Rollup) built on Bitcoin. It lets developers create DeFi apps that run smoothly and scale easily.
Key Highlights
1. Big Opportunity in BTCFi
Bitlayer is tapping into growing interest from banks, companies, and BTC holders who want to earn yield on their Bitcoin.
2. Strong Market Position
Bitlayer is building the core infrastructure for Bitcoin DeFi:
• BitVM Bridge: A secure and advanced way to move BTC into DeFi.
• Bitlayer Network: A high-speed Layer 2 system for Bitcoin apps.
3. Industry Leader
Bitlayer’s BitVM Bridge is one of the first to go live on mainnet, showing real progress.
4. Growing Ecosystem
Bitlayer is teaming up with top blockchain platforms like Sui, Base, Arbitrum, and Cardano. It’s also working with major Bitcoin mining pools like Antpool, F2Pool, and SpiderPool.
5. Strong Investor Support
Bitlayer raised $25 million from big-name investors like Polychain Capital, Franklin Templeton, Framework Ventures, and ABCDE.
6. Airdrop Alert
Bitlayer is running a campaign with Binance Wallet called Booster (now in Phase 2). You can join to earn BTR tokens. A Pre-TGE event is also coming soon.
#Bitlayer
@BitlayerLabs
