💡 Why Keep an Eye on Bitlayer (BTR)?
⚙️ Technical Edge – Bitcoin’s “Smart Engine”
Bitlayer is the first Bitcoin Layer 2 built on the BitVM framework, pushing past the limits of Bitcoin scripts to enable Turing-complete smart contracts. Its zero-knowledge proof cross-chain bridge allows Bitcoin assets to move securely to other ecosystems like Sui unlocking new possibilities for BTCFi.
💰 Strong Backing – Big Capital Steps In
In June 2025, Bitlayer closed a Series A Expansion round led by PolyCapital and Franklin Templeton, valuing the project at $300M. With total funding now over $25M, institutional confidence is stronger than ever.
📊 Ecosystem Growth Driving the BTCFi Narrative
Commands 26.59% of the Bitcoin L2 market (TVL ~$370M), ranking top 3 alongside Core (28.15%).
Integrated with the Sui ecosystem, launching YBTC, a 1:1 Bitcoin-pegged asset that channels BTC into DeFi yield opportunities.
Anchored by major protocols like Avalon Finance (TVL $384M) and Pell Network (TVL $284M), creating a robust BTCFi infrastructure.
