Imagine: your BTC is no longer just 'lying in a wallet', but enters DeFi through a trust-minimized bridge, allowing for market making, lending, and yield aggregation while still retaining BTC price exposure. Bitlayer is making this a large-scale, verifiable reality, and both creators and investors are vying for position.
Why is now a FOMO moment? (BTCFi macro situation)
Institutions and listed companies accelerate the adoption of BTC, combined with the intrinsic demand of holders who 'want BTC to earn interest', BTCFi enters a structural explosion point; infrastructure that can provide programmability and composability without sacrificing L1 security has the best chance to undertake this wave of increment. Bitlayer is positioning itself here. (Bitlayer Blog)
Bitlayer's product positioning: making 'high compatibility + high security' a single path.
BitVM Bridge: a next-generation, trust-minimized BTC bridge. BTC is locked on L1, and the bridge guarantees correctness through a challengeable/verifiable mechanism; YBTC is minted on L2 for use in DeFi. (CoinDesk)
Bitlayer Network (Bitcoin Rollup): transactions are executed at high speed on the Real-time EVM, batch and proof are written back to Bitcoin L1 for verification, anchoring finality in Bitcoin—efficiency and security must both be achieved. (Bitlayer Blog)
Industry status: not a concept, already on the mainnet.
BitVM Bridge has gone live on the mainnet: as one of the earliest projects based on BitVM that has truly landed on the mainnet, YBTC has become a key channel asset from BTC to DeFi. (CoinDesk)
External cooperation continues to expand: partnerships have been established with L1s such as Sui, Base, Arbitrum, and Cardano; simultaneously collaborating with the three major mining pools Antpool, F2Pool, and SpiderPool to accelerate ecological expansion and liquidity introduction. (CoinDesk)
Capital and endorsement: top institutions stand on stage.
Total financing amount approximately $25 million: Seed $5 million (2024/3), Series A $11 million (2024/7), Series A+ $9 million (2024/10); investors include Polychain Capital, Franklin Templeton, Framework Ventures, ABCDE, among others. (PR Newswire, The Block, Bitlayer Blog)
For users: why is this path more 'usable'?
Yield × security endgame: using YBTC to run strategies and earn on-chain yields; the results are ultimately backed by Bitcoin L1 verification and challenge mechanisms. (CoinDesk, Bitlayer Blog)
Real cross-ecosystem liquidity: multi-chain access through Sui / Base / Arbitrum / Cardano, BTC liquidity can 'choose chains and strategies', rather than being bound by a single public chain. (CoinDesk)
Risk awareness: bridging, contracts, and DA (data availability) all need attention; small amounts in batches, only official entrances, and paying attention to exit paths are basics. (Bitlayer Blog)
Want to turn 'understanding Bitlayer' into 'listing + obtaining BTR' results? Start writing now: functional breakdowns, risk lists, practical guides, and comparative analyses are all high-quality content. (Binance)
Add another layer of FOMO: Booster (Phase 2) + Pre-TGE
Booster × Binance Wallet (Phase Two): complete specified on-chain tasks (such as minting different tiers of YBTC.B, trading on Bitzap, holding Lucky Helmet NFT, etc.), corresponding to a shared BTR reward pool; official blog and Square have details. (Bitlayer Blog, Binance)
Pre-TGE is progressing: Booster is part of the Pre-TGE node, completing tasks can pre-arrange benefits for after TGE. (Binance)
Three key perspectives of 'senior content' (for research/development)
Security model: L2 real-time experience (Real-time EVM) + L1 finality (BitVM verification); errors → challenge period correction; review → forced transaction bypass. The key lies in verifiability and exit path design. (Bitlayer Blog)
Liquidity network effects: bilateral cooperation with mainstream L1s and mining pools to expand 'import and export' momentum; the more BTC liquidity there is, the broader the available scenarios for YBTC as base collateral and pricing asset. (CoinDesk)
Capital and ecological durability: multi-round financing of first-line institutions + continuous product milestones (mainnet bridge, cross-chain landing, Booster) = long-term construction signal, not a short-term hotspot. (PR Newswire, CoinDesk)
What you need now...
Research: Include Bitlayer in the core observation list of BTCFi; pay attention to YBTC use cases/bridge inflows and DA anomaly alerts.
Development: EVM contracts can be migrated with almost no changes; design good challenge period visualization and emergency exit UX.
Creators: immediately publish articles on CreatorPad to rise in rankings, seize the golden exposure period before the snapshot on 8/23 09:00 (UTC); simultaneously participate in Booster tasks to position for BTR. (Binance, Bitlayer Blog)
Let's turn 'idle BTC' into 'productive BTC'. Get on board now, and looking back in the next cycle, this may be the turning point that changes the narrative.
