Is #Bitlayer making waves? The 'technical adventurer' of the BTCFi space is ready to take a gamble this time?

Folks, @BitlayerLabs has arrived with BitVM2 V3! Shouting the slogan of launching in 2026, claiming to accomplish cross-chain transactions in 20 minutes, with a challenge period of just 3 days, clearly aiming to make a big splash in the BTCFi track. However, will this 'technical adventurism' open the door to a new world, or will it inadvertently dig a pit for itself?

First, let's take stock: In 2025, BitVM Bridge racked up 200,000 transactions, with TVL steadily at $200 million. Users can borrow from @FolksFinance on Sui, earning 6-8%, while Antpool is providing ample support, boosting verification efficiency to 99.9% with its computing power, and Rollup's speed can wrap up in just 0.5 seconds—these results are indeed impressive.

But problems can't be hidden: The complexity of the V3 contract brought concerns about vulnerabilities, and the three minor vulnerability incidents in 2025 are still fresh in people's minds. Although they were later fixed through audits, the community can't help but feel uneasy. Fortunately, the BTCFI Carnival has been relatively strong, with a $1.2 million prize pool and 5.15 million BTR distributed, directly boosting active addresses by 118%. The $25 million financing in 2024 also gave new life to V3's development, and there are even plans to collaborate with Polygon.

The current situation is: Bitlayer is optimizing the governance protocol with BTR, aiming to expand BTCFi with YBTC, while being questioned for 'focusing only on radical innovation and neglecting stability'. It can only be said that technical adventurism is not unfeasible, but if the balance between innovation and safety is not managed well, a stumble could result in more than just a loss of face; it could shake the very foundation of the BTCFi ecosystem—after all, no one wants to see the 'adventurer' end up as a 'crash hero'! $BTC