it’s a Layer 2 network built on top of Bitcoin. While Bitcoin acts as a secure base layer, it’s slow and limited in functionality. Bitlayer changes that by adding smart contract capabilities, scalability, and DeFi access, all while still relying on Bitcoin’s security.
In simple terms:
Bitcoin = digital gold, strong but static.
Bitlayer = unlocks Bitcoin, making it usable for lending, trading, yield, and more.
Instead of Bitcoin just sitting idle in a wallet, Bitlayer allows BTC holders to bridge it into the network, turn it into YBTC (a Bitcoin-backed token), and use it across DeFi protocols. This means users can earn yield, access liquidity, and interact with decentralized applications—all powered by Bitcoin’s security but extended through Bitlayer’s tech.
That’s why Bitlayer is often called the project that transforms Bitcoin from passive storage into active money for Web3.
