Traditional BTC financialization is constantly constrained by intermediaries: cross-chain relies on WBTC custody (1%-3% fee), interest earnings are credited within 3 hours, complex transactions must detach from the main network to bear risks, resulting in 70% dormant BTC. Bitlayer, utilizing BitVM technology, enables BTC to have 'native financial capabilities' for the first time, completely freeing it from the shackles of intermediaries.
The core strengths are four points:
1. Zero custody cross-chain: BTC is locked into the main network UTXO, generating YBTC that directly connects to 18 public chains, with no intermediary fees, credited in 90 seconds (200 times faster than traditional methods), with a transaction fee of 0.001 BTC. Currently, YBTC cross-chain exceeds 72,000 BTC, accounting for 75% of BTCFi's cross-chain volume;
2. Fully automated interest earnings: YBTC comes with a basic staking yield of 5.2% + 3%-5% cross-chain arbitrage, with earnings credited daily. 58,000 dormant BTC have been activated, with a 90-day retention rate of 82% for retail investors (only 30% in the industry);
3. Transactions remain on the main network: Bitlayer Rollup (TPS 3000+) supports EVM, complex transactions such as BTC options and on-chain government bond investments run on Layer 2, while anchoring the main network's computational security. A certain BTC derivatives protocol has monthly transactions exceeding 220 million;
4. Institutions dare to heavy invest: Antpool and other backing 40% of Bitcoin's computing power, with built-in SEC/MiCA compliance modules. Six institutions, including Franklin Templeton, have entered with 650 million USD, accounting for 62% of BTCFi's institutional funds.
Bitlayer does not add 'plugins' to BTC but activates its 'financial genes' — when BTC can cross-chain, earn interest, and conduct transactions independently, a market value of 13 trillion is considered truly 'active and profitable'.@BitlayerLabs #Bitlayer
