what's Bitlayer?
Bitlayer is the first Bitcoin Layer 2 framework based on the BitVM paradigm, delivering Bitcoin-equivalent security while enabling Turing-complete smart contracts and scalable DeFi applications on Bitcoin. It utilizes a trust-minimized BitVM bridge to issue YBTC, a 1:1 BTC-backed token that unlocks Bitcoin liquidity for high-speed ecosystems like Solana and Sui, supporting yield generation, lending, and composability without custodians.
Bitlayer experienced a 63% price increase in one trading day.
Experienced a price increase of 63% in one trading day.
Integration with Beyond protocol enables bridging of Bitcoin assets (BTC, Runes, BRC-20, L2 assets) to and from Bitlayer across multiple chains including Solana, Base, and CORE. Beyond protocol reports 200+ partners joined before its expansion phase.
Partnership with Mandala enables permissionless Bitcoin minting functionality as Mandala expands to Polkadot Hub.
All YBTC liquidity has disappeared and users are unable to withdraw BTC collateral or redeem YBTC for WBTC/BTC.
Participates in BTCFi Live: The Orange Holiday Stream panel discussion on October 31st at 7am PT alongside Lombard Finance, TheTNetwork, Satlayer, and MMTFinance to discuss Bitcoin's development on Sui.
Participates in CoinMarketCap Live Market Insights Panel on October 9th alongside Near, Skale, and Kadena to discuss scaling solutions, user migration, RWAs and stablecoins.
BTR token is now available for custody and transfer on Coinbase Prime, providing institutional-grade access to the project.
TGE has occurred with promotional AMA and $500 giveaway scheduled for September 19th.
Integrates with Chainlink standard as part of 8 new integrations across 6 chains this week.
Bitlayer co-hosts BitVM Alliance Night developer event in Istanbul alongside major Bitcoin scaling projects including Citrea, Fiamma, BOB, and GOAT Rollup.
Active addresses surge 757% in past week, leading all major chains in growth metrics.
New BTC liquidity product YBTC.B goes live on three major Sui DeFi protocols.
Fee revenue surges 64% in past 7 days, ranking third among all chains in fee growth.
Active addresses surge 604% in past 30 days, leading all major chains in growth metrics.
$10,000 HTX futures trading contest launches with $3 HTX claim bonus for participants, ending September 3rd.
$100K USDT airdrop launched for DeAgentAI Community members.
$BTR token distribution begins at 6 PM UTC+8, includes BTC for gas fees
$BTR launches simultaneously on 9 major exchanges including Binance Futures, Kraken, and KuCoin at 10:00 UTC.
New partnership with MMT enables wrapped BTC pool integration for enhanced BTCfi offerings.
$BTR launches on CoinList August 27 11AM UTC featuring zero-fee buying for 3 days.
BTR lists on Binance Alpha with USDT perpetual contracts offering 50x leverage on August 27.
BTR token claim announcement pending, indicating imminent TGE phase.
YBTC token launches on Solana blockchain with yield farming capabilities through Kamino Finance and Orca partnerships.
Public round sells out in 10 seconds, indicating exceptional demand.
Whitelist sale launches on Holdstation Launchpad with 500-4,000 USDT buy limits and 4,000 HOLD staking requirement.
Founder-led AMA scheduled Aug 6 before token sale launch, including whitelist slot giveaway.
New token sale launches on Holdstation Launchpad Aug 7-11, raising 950,000 BTR with 100% unlock at TGE.
Presale ends August 7 with $4M raise target at $0.15-$0.20 per token.
Active addresses surge 450%, marking new record growth in network activity
Active addresses surge 115% to 19.3K, marking highest user activity since July distribution campaign.
$BTR token sale launches on CoinList at $200M FDV (Reg S) and $150M FDV (Reg D), featuring integrations with Arbitrum, Sui, Monad, and Avalanche.
New token distribution campaign launches July 24 on Binance Wallet, offering 30M BTR tokens to users with 61+ Alpha Points.
BitVM Bridge implements YBTC, a 1:1 BTC-pegged token enabling trustless DeFi access.
BitVM bridge launches mainnet, enabling Bitcoin DeFi with $800M TVL secured.
Network processes 25.4% of 4.8M total transactions, surpassing Tether, WBTC, and Ethereum in 30-day volume.
Secures 31.5% of Bitcoin's total hashrate for BitVM implementation.
Major mining pools Antpool, F2Pool, and SpiderPool partner to accelerate BitVM adoption for Bitcoin-native DeFi.
Integrates Chainlink services as part of multi-chain expansion.
Sponsors Journey to the West at Solana Summit APAC 2025, marking strategic expansion into Solana ecosystem.
VC funding secured for BitVM bridge development.
Mainnet launches with $8M funding from Polychain and Galaxy, introducing berry rewards system for staking and liquidity provision.
Strategic partnership launches YBTC on Sui ecosystem, enabling Bitcoin holders to earn DeFi yields.
New Peg-BTC product launches on Sui Network's DeFi ecosystem, providing another Bitcoin yield opportunity beyond the previously mentioned YBTC.
Active development of bridges to Monad and SUI networks signals rapid ecosystem expansion.
New BitVM-powered Bitcoin asset (YBTC) launches on Sui, enabling BTC staking and DeFi integration.
New trust-minimized Bitcoin bridge launching on Sui with staking, lending, and trading capabilities.
Protocol ranks #1 by users and #2 by transactions among top entities, outperforming major DeFi protocols.
Major institutional investors Polychain and Franklin Templeton are backing the project, indicating growing US institutional adoption.
Network activity surges with 79.69% increase in daily active addresses and peak monthly transaction volume of 241.43K.
First BitVM implementation in development while actively hiring Protocol Researchers at $150K-250K.
Active recruitment for Protocol Researcher role with competitive compensation ($150K-250K) indicates significant protocol development phase.
Holds 13% market share of BTCFi projects, ranking as one of the top 3 protocols in a sector with 2,767% TVL growth since 2024.
Active hiring for Protocol Researcher role with $150K-250K salary range indicates substantial development investment.
First BitVM implementation launches with active protocol researcher hiring at $150K-250K compensation range.