Bitlayer is the FIRST BitVM Powering Bitcoin DeFi 🌋
@BitlayerLabs emerges as a pioneering force in Bitcoin DeFi, introducing the first implementation of BitVM—a breakthrough paradigm that empowers Bitcoin with trust-minimized smart contracts and DeFi capabilities without altering its base protocol.
At its core, BitVM enables Turing-complete contracts and an optimistic rollup–style framework on Bitcoin. Bitlayer leverages this to build a Layer 2 rollup and a trust-minimized bridge (“BitVM Bridge”) that maintains Bitcoin’s security while unlocking programmable functionality.
The BitVM Bridge is a standout innovation—it securely converts BTC into a token called YBTC, backed 1:1 by locked Bitcoin. Unlike custodial or multisig bridges, this design requires only one honest participant to remain secure, greatly reducing trust assumptions.
Once minted, YBTC becomes a productive, DeFi-enabled asset—usable for yield, lending, liquidity provision, staking, and cross-chain interactions in various ecosystems. For instance, through integration with Sui, YBTC holders can stake, lend, trade, and earn boosted incentives.
Bitlayer has rapidly scaled its ecosystem. Since launching its V1 mainnet, it reached a record TVL of $850 million and supports over 200 deployed dApps. Strategic partnerships span across chains like Base, Arbitrum, Starknet, Sonic, Plume Network—and Sui, enabling multi-chain composability and liquidity flow.
In mid-2025, Bitlayer introduced major milestones: the BitVM Bridge Mainnet Beta launch, the Bitlayer Network V2 whitepaper, and a preview of V3 architecture—marking its evolution into a robust Bitcoin-based L2 ecosystem.
Overall, Bitlayer stands at the forefront of Bitcoin DeFi, seamlessly merging Bitcoin’s legendary security with the flexible programmability needed for modern decentralized finance.
