Bitlayer (BTR) is the main token used in the Bitlayer network, which is a new Layer 2 system built on top of Bitcoin.
Its goal is to make Bitcoin more useful by allowing faster payments, smart contracts and DeFi (decentralized finance) without leaving the security of Bitcoin.
The BTR token is the fuel of this system, used for payments, rewards, and decision making in the network.
How Many Tokens Exist?
The total supply of BTR is 1 billion tokens and it will never go higher.
This limit is set to protect its value. Right now, about 261 million tokens are already in circulation, which is around 26% of the total supply.
More tokens will be unlocked in stages over time, but the schedule and detailed breakdown are expected to be shared during the Token Generation Event (TGE).
Main Uses of BTR
The BTR token has three big uses
1, Governance -People who hold BTR can vote on network changes, upgrades and how fees are used.
2, Staking - Users can lock their BTR to help secure the network and get rewards.
3, Fees and Rewards - BTR is used for transaction fees. The community can also decide if part of the fees should go to stakers as rewards or be used to buy back tokens from the market, making it more valuable over time.
Token Sales and Launches
Bitlayer raised over $25 million from investors like Polychain and OKX Ventures. In 2025, BTR was offered in different sales
a Binance Wallet pre TGE campaign and a CoinList public sale, where 20 million BTR were sold at $0.20 each. These sales gave the community early access before the full launch.
Future Roadmap
1, Bitlayer is growing in three stages. First, it launched a mainnet in 2024 that works like Ethereum but on Bitcoin.
2, Next, in early 2025, it will add stronger Bitcoin security using BitVM rollups.
3, Finally, by late 2025, the goal is super fast transactions (up to 20,000 per second) with just 3 second finality.
Through all these stages, BTR will remain the center of rewards, fees and governance in the network.
