Recently, a project in the Bitcoin ecosystem has been making significant moves — @BitlayerLabs . It feels like they are clearly playing a big game.
At the summer launch event, their BitVM bridge mainnet finally went live. Coupled with the high throughput Bitcoin Rollup, this directly addresses the long-criticized slowness of on-chain operations. Previously, on-chain operations were like a snail; now they are finally smooth. This technological upgrade represents a substantial improvement for Bitcoin DeFi.
The market is also very supportive — the $BTR financing cap on CoinList was directly exceeded, overfunding by 50%, with a total exceeding $6 million, indicating that the community is genuinely on board. In July, they also held an Asian tour, from Seoul to Ho Chi Minh City, with offline events packed with people and media coverage flooding CoinDesk and Cointelegraph. This level of exposure is not to be underestimated.
Additionally, the YBTC yield asset launched by Bitlayer is quite interesting, introducing new ways to leverage Bitcoin's liquidity. It can be said that they are not only upgrading the technology but also redefining the usability of Bitcoin in DeFi.
Now, while the Layer 2 track is bustling, the differentiated approach of #Bitlayer is quite evident: a trust-minimized BitVM bridging solution + complete DeFi infrastructure. If they continue to maintain the rhythm of technological iteration and community operations, $BTR is likely to become a driving force behind the explosion of on-chain applications in Bitcoin. After all, projects that can exceed funding on CoinList have never been casually touted by the market.
If you want to keep up with the rhythm of Bitcoin DeFi, you can pay attention to: @BitlayerLabs
