@BitlayerLabs #Bitlayer #Bitlayerlabs The currency (token) Bitlayer known as BTR is the native currency in the Bitlayer network, which is a Layer-2 on the Bitcoin network, aiming to combine the decentralized security power of Bitcoin with the programmability and speed provided by smart contracts. Here are the details:
Quick summary
Item Details
Currency BTR – the native token in the Bitlayer network
Current price Not available yet – the currency has not been listed on exchanges
Scheduled distribution date During the third quarter of 2025
Core technology BitVM, Bitcoin linkage, PoS, EVM, Rollup
Linked token YBTC – a 1:1 representation of Bitcoin within the system
Recent partner projects Kamino Finance and Orca on the Solana network
What is the Bitlayer currency (BTR)?
Bitlayer is a Layer-2 solution for Bitcoin built on the concept of BitVM, making it capable of running smart contracts and decentralized applications (DApps) in a manner that directly relies on the security of the Bitcoin network.
Bitlayer provides a decentralized DeFi infrastructure for Bitcoin, combining the secure BitVM bridge, a verifiable Rollup structure, and a high-speed Ethereum Virtual Machine (EVM) compliant execution engine.
Emergence and availability of the currency
So far, the BTR token has not yet been listed on centralized or decentralized exchanges, thus the price is not available for trading at this time.
CoinList indicated that the token sale event is scheduled to take place during the third quarter of 2025, with expectations for distribution and market launch thereafter.
