Bitlayer: A Trusted Platform to Reshape the Comprehensive DeFi Ecosystem of Bitcoin
Bitcoin's position as "digital gold" has limited its financial potential, while @BitlayerLabs, through a three-layer technology restructuring, has transformed it into a programmable DeFi hub.
1. Trustless Cross-Chain Bridge: BitVM Bridge employs a fraud-proof architecture, where users only need to trust a single honest participant to perform a 1:1 peg between BTC and Layer 2 asset YBTC, completely eliminating the risks of centralized oversight.
2. YBTC Income Engine: Converting dormant BTC into yield-generating assets, users can deploy YBTC in DEX liquidity pools, derivative protocols, and lending, achieving compounded returns without sacrificing the safety of the underlying assets.
3. Bitcoin Rollup Performance Revolution: Based on optimistic validation and ZK proof, the Layered Virtual Machine (LVM) executes thousands of transactions per second, with confirmation times <3 seconds, while utilizing BitVM to verify the validity of the state on Bitcoin L1, inheriting its immutability.
Expanding the ecosystem demonstrates architectural advantages: TVL surpasses 800 million USD, integrating over 180 projects such as Velar perpetual contracts, Lamina lending protocol, and receiving cross-chain support from Chainlink CCIP, achieving multi-chain DeFi composability. The V2 mainnet update will continue to introduce modular DA layers, reinforcing Bitcoin's position as comprehensive financial infrastructure.
