Bitlayer has truly captured the wave of BTCFi. Currently, traditional financial institutions and publicly listed companies are showing high enthusiasm for Bitcoin, and the market scale of BTCFi is approaching 50 billion USD. Bitlayer's positioning is very clear: it aims to be the top infrastructure for BTCFi.
Its BitVM Bridge is a trustless cross-chain bridge, much safer than traditional WBTC, allowing BTC to be used freely in DeFi. The Rollup architecture of Bitlayer Network is also very robust, with the goal of creating a high-performance Bitcoin Layer 2, and the ecosystem already has over 300 projects with more than 600 million USD locked.
The collaboration with Layer 1 projects like Sui, Base, Arbitrum, and Cardano, along with the support from mining pools like Antpool and F2Pool, has led to rapid ecosystem expansion.
The 2.5 billion USD financing includes big players like Polychain Capital and Franklin Templeton, indicating that the market's confidence in it is substantial.
Currently, the second phase of Binance Wallet's Booster activity is in full swing, and participation allows for the chance to grab BTR airdrops. The Pre-TGE is also coming soon, and it feels like a good opportunity.
