Bitcoin is known as 'digital gold', but it has long remained in the role of a value store, with limited capital efficiency. The emergence of Bitlayer opens new channels for BTC.
Based on the BitVM paradigm, Bitlayer adopts an extremely simple cross-chain mechanism that ensures security with just one honest validator, inheriting Bitcoin's security while reducing cross-chain trust costs. Through Bitlayer, BTC can be converted into YBTC, entering the DeFi ecosystem to participate in scenarios such as payments, lending, staking, and derivatives, achieving true capital flow.
In just a few months, Bitlayer's TVL has surpassed $500 million and has gained support from institutions like Polychain. In the future, its native Bitcoin Rollup and EVM compatibility will further unleash BTC's potential, allowing it to evolve from static digital gold to dynamic programmable capital.
