Recently, a data point published by @BitlayerLabs is very noteworthy: The $YBTC.B vault on FolksFinance has accumulated over 50+ YBTC deposits.
This is not just a simple numerical breakthrough, but represents the trust users have in the Bitlayer ecosystem and the continuous increase in adoption of BTCFi.
The design of YBTC.B is essentially the first step toward the financialization of Bitcoin.
Through the BitVM Bridge, BTC is securely brought into the on-chain world, and then the Bitcoin Rollup structure ensures high performance and security.
Users do not need to sell their Bitcoins to release liquidity and participate in DeFi yields, which transforms “holding BTC” from merely a store of value into a tool for sustainable income generation.
This reflects a trend: BTCFi has moved from concept to practical implementation.
Whether it’s the deposit data from FolksFinance or the recent Booster Phase 3 launched by Bitlayer in collaboration with Binance Wallet (with a prize pool of up to 5.15M $BTR), more users are being encouraged to try new ways of engagement. Writing content, depositing YBTC.B, validating Lucky Helmet NFTs, each action seems simple, yet it gradually cultivates user habits within BTCFi.
At the same time, Bitlayer is expanding its ecological landscape: establishing collaborations with public chains like Sui, Base, Arbitrum, Cardano, and partnering with mining pools such as Antpool, F2pool, SpiderPool, supported by funding from institutions like Franklin Templeton, Framework, ABCDE, etc. Technology, capital, community, and application are all advancing together.
From the explosive growth of the vault to the globalization of activities, Bitlayer is gradually realizing its vision: to truly bring Bitcoin into a new era of programmable finance.
