Botanix mainnet launch delivers first fully decentralized EVM L2 for Bitcoin. Spiderchain architecture with trust minimized BTC bridge, 5 sec blocks at $0.02 fees.

KEY TOKENOMICS

50% of all gas fees flow to native BTC stakers. No wrapping needed.

TRACTION DATA

26M testnet txs pre launch

5000+ users first 72h

GMX, Dolomite, USDC/USDT bridges live

OKX Wallet integration (50M+ installs)

MARKET CONTEXT

ETF inflows hit 50k BTC monthly (~$5.5B)

1.3M BTC now locked in corporate/ETF vaults

Fee market impact unclear. Bridge risk remains primary concern despite FROST DKG federation model.