Bitlayer Labs: Driving Bitcoin’s DeFi Evolution with the BitVM Bridge
Bitlayer Labs is transforming Bitcoin’s role in decentralized finance through the BitVM Bridge, enabling BTC holders to convert Bitcoin into YBTC (Yield Bitcoin), a 1:1 pegged token. Unlike conventional bridges that depend on centralized custodians, the BitVM Bridge uses a trust-minimized design to ensure secure and transparent transfers.
Key Features
Trust-Minimized Architecture: Decentralized smart contracts reduce reliance on intermediaries, enhancing security.
Cross-Chain Interoperability: Supports Ethereum, Arbitrum, Sui, Base, and Plume Network, allowing BTC to flow into multiple DeFi platforms.
Yield Opportunities: YBTC can be staked, lent, or provided as liquidity, generating returns while preserving Bitcoin exposure.
Strategic Partnerships & Growth
Backed by investors like Polychain Capital and Framework Ventures with $20M in funding, Bitlayer Labs collaborates with top blockchain networks to expand Bitcoin liquidity in DeFi.
Looking Forward: Mainnet V2
Launching in Q2 2025, Mainnet V2 introduces Bitcoin Rollup architecture for improved scalability and security, strengthening Bitlayer’s leadership in Bitcoin DeFi.