Unlocking the DeFi Potential of Bitcoin: “Bitlayer”
Bitlayer is transforming Bitcoin from a “store of value” into an active player in DeFi.
The BitVM cross-chain bridge uses a trust-minimized solution to convert BTC into YBTC, a 1:1 pegged asset that can be traded or staked on Arbitrum, Base, and other chains.
The Bitlayer network is a high-performance Rollup, achieving transaction speeds of 200 milliseconds at low costs, with a TVL exceeding $384 million and an active ecosystem.
The platform has secured $25 million in funding and collaborates with Sui, Cardano, F2Pool, and others, showcasing strong cross-chain integration momentum.
YBTC allows BTC holders to participate in lending and liquidity mining, earning stable returns.
The recent Booster campaign offers $BTR rewards, with a Pre-TGE event also in the works, showing high community participation.
The limitations of Bitcoin in DeFi are being shattered, and Bitlayer's architecture enhances the composability of BTC.
Bitlayer acts as Bitcoin's DeFi key, opening the door to cross-chain yield opportunities.