The Bitcoin ecosystem is evolving fast, and Bitlayer is putting developers in the driver’s seat. The platform has just launched the first phase of its DApp Leaderboard Competition, a $20 million BTR reward program aimed at accelerating innovation across Bitcoin DeFi. This initiative isn’t just about funding — it’s a springboard for creators to build the next wave of decentralized applications directly on Bitcoin.
$20 Million in BTR Tokens Await Developers
Projects already live on Bitlayer’s mainnet are invited to compete for their share of a $20 million BTR airdrop. Success is measured by performance metrics like Total Value Locked (TVL) and user engagement.
Participants earn “Bitlayer Gems” every day based on leaderboard results. After the Token Generation Event (TGE), these Gems automatically convert to BTR, providing developers with a tangible, performance-based reward.
Technical Foundation Built for Growth
Bitlayer is designed to make Bitcoin development straightforward:
EVM Compatibility: Developers can easily move DApps from Ethereum to Bitcoin Layer 2 without rewriting their code, enabling a faster, smoother onboarding for existing projects.
Developer-First Ecosystem: The program is part of Bitlayer’s broader mission to nurture a vibrant, innovative developer community, providing both resources and incentives to foster growth.
A Growing, Active Ecosystem
Bitlayer has already attracted over 200 projects spanning DeFi, GameFi, and more. Notable examples include RollDex, a cross-chain DEX on Bitlayer, which sees daily trading volumes above $5 million — highlighting the platform’s scalability and the demand for Bitcoin-based DeFi solutions.
Fueling Liquidity for Expansion
To ensure smooth trading and healthy markets, Bitlayer has set up a $100 million liquidity fund. This supports high-quality projects, promotes user adoption, and strengthens the overall ecosystem.
Why This Matters for Developers
Bitlayer’s initiative demonstrates that Bitcoin is ready to become programmable, with developers at the center of this transformation. Key benefits include:
Monetary Incentives: Earn BTR tokens while building and scaling innovative applications.
Seamless Migration: Use EVM compatibility to bring Ethereum DApps to Bitcoin with no code changes.
Thriving Ecosystem: Access a community of 200+ projects and a growing user base.
Liquidity Support: Take advantage of a $100 million fund to maintain robust markets.
Whether you’re a seasoned developer or exploring Bitcoin DeFi for the first time, Bitlayer is creating opportunities that make the ecosystem more dynamic, inclusive, and rewarding. The Bitcoin DeFi revolution isn’t on the horizon — it’s happening now, powered by an incentivized and ambitious developer community.
Get started and help shape the future of Bitcoin DeFi today!