what's Botanix Labs?
Botanix Labs is a Bitcoin Layer 2 protocol that enables Ethereum Virtual Machine (EVM) compatibility directly on Bitcoin, allowing developers to build decentralized applications secured by Bitcoin's proof-of-work consensus without wrapping or bridging assets. The network uses a unique Spiderchain architecture to process transactions off-chain while settling on Bitcoin, providing scalability for DeFi, NFTs, and other smart contract use cases while maintaining Bitcoin's security and censorship resistance. stBTC is Botanix's liquid staking token, representing staked Bitcoin that earns native yield from network gas fees paid in BTC, redistributed to holders without inflation, lockups, or additional tokens. Users deposit BTC into permissionless vaults to receive stBTC, which accrues value over time based on on-chain activity and can be redeemed 1:1 for BTC plus earned yield, enabling productive use of idle Bitcoin capital in DeFi protocols on the network.
Botanix Labs integrated with Safe Wallet in 2025, bringing Smart Account standards to its network.
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Integrated with Safe Wallet, which deployed on the network in 2025 to bring Smart Account standards.
GMX trading competition distributes Period 2 rewards and announces Monday 15th as final competition end date.
Christmas NFT minting campaign launches via Omni_Hub with $250 USDC prize for best creation, running until December 24th.
Trading competition extends for two additional weeks with yield-earning BTC prizes.
.botanix domains launch on ZNSConnect platform, enabling users to mint on-chain identities for Bitcoin Finance.
GMX trading competition continues with second round completion, distributing 4,000 USD in stBTC to top 40 qualified traders on leaderboard.
DIP-02 proposal adds oDOLO incentive emissions to Botanix Labs and increases Arbitrum rewards as part of multi-chain distribution strategy.
ZNSConnect partnership announced to bring native .botanix domains to the ecosystem for on-chain identity.
Mainnet reaches 6-month milestone with 100% uptime, 174,139+ unique addresses, 16,750,398+ transactions, and 7,209 deployed contracts.
Founder Willem Schroe appears on CNBC to provide commentary on Bitcoin price movements and market outlook.
GMX trading competition announces first round winners, distributing 4,000 USD in stBTC to top 40 traders on leaderboard.
Botanix Pioneer Trader NFT now available to mint after completing one trade on GMX, unlocking exclusive perks for holders.
COO joins Bitcoin MENA Conference lineup alongside Michael Saylor and other Bitcoin leaders.
Botanix bitcoin works with Lightning Network for payments at 4 million Square merchants, enabling real-world transaction capabilities.
stBTC redistributes 50% of Bitcoin gas fees to stakers and is backed by real network activity rather than wrapping or farming mechanisms.
Seven new ecosystem integrations launched in October: OogaBooga for liquidity, Rabby wallet for native access, Atomiq Labs for cross-chain swaps, Plutus for automated yield, Hinode Tech for global reach, Lombard Finance for deep markets, and DeBank for portfolio tracking.
Launches trading competition with GMX featuring $12,000 in stBTC rewards over 6 weeks across 3 rounds for BTC perpetual traders.
Four DeFi protocols now live on Botanix: GMX for perpetual and spot trading, Dolomite for lending and borrowing, Palladium Labs for credit system, and Rover for liquid staking.
Botanix expected to launch Token Generation Event (TGE) between now and end of year, listed among Bitcoin network projects including Arch network, Citrea, Build on Bitcoin (BOB), and Mezo planning token launches.
Partnership with Ormi Labs launches, delivering hyperscale blockchain data engine for real-time access, indexing, and analytics on Botanix.
Founder and CEO Willem Schroe appeared on the NYSE floor to discuss institutional adoption and native Bitcoin yield.
The ecosystem now supports its first batch of protocols: Bitzy_App, arch_swap, GMX_IO, and MorphoLabs through Botanix eco integration.
Rabby Wallet has integrated the Botanix chain.
Rabby wallet launches native Botanix chain support, enabling users to connect, trade, lend, and earn within the Bitcoin finance ecosystem.
Integration with Atomiq Labs launches, providing cross-chain swaps supporting on-chain Bitcoin and Lightning Network with direct on-ramping through web app and SDK.
Botanix network shows zero downtime during AWS outage that impacts multiple other blockchains.
Partnership with Plutus Finance brings automated looped yield strategies for native BTC with compounded returns.
stBTC TVL increased 23% in 3 weeks. Messari published a research report analyzing the platform.
Proof of reserves system enables independent verification of total bitcoin locked in the protocol.
BTC borrowing feature provides 5% yield against 1% borrow rate, creating negative 4% effective interest rate for borrowers.
Co-Founder Alisia Painter goes live on Schwab Network to discuss Bitcoin markets.
Yield farming APR on plvDOLO vault rises to 26.6%, up from 14.3% APR previously reported for USDC/HONEY pairs.
New integration enables yield farming opportunities through plvDOLO vault offering 14.3% APR on USDC/HONEY pairs.
Botanix is listed among Bitcoin network projects planning a Token Generation Event in Q4 2024.
Platform currently offers 34% APR yields with over 50 BTC staked, while the project secured $8.5M funding from tier-1 investors including Polychain and remains tokenless. New integrations include GMX for perpetuals trading, Stargate for bridging, and Arch DEX for swapping functionality.
Platform reaches deposit capacity limit as Lombard integrates BTC DeFi vault, with Genesis Vault scheduled to launch September 25, 2025 offering exclusive NFTs to early stakers.
DefiLlama has launched a dedicated dashboard for tracking project metrics and data.
Pre-Genesis vaults are now operational offering 35% compounding yields, with public vaults scheduled to launch soon.
A new feature or product goes live enabling BTC utilization, while the team actively expands through hiring.
stBTC product launches, enabling users to stake Bitcoin and generate yields through the platform.
Partnership established with Dolomite_io protocol.
Infrastructure remains unaffected by ongoing NPM exploit, though users are advised to exercise caution with partner dApps during ongoing resolution efforts.
Platform reaches milestone of over 1,000 stakers, indicating growing user adoption.
Protocol facilitates US government's anchoring of economic data to Bitcoin network.
Platform enables Bitcoin yield generation and collateralization capabilities, marking shift from passive holding.
GMX launches BTC/USD liquidity pool with PBTC pairs, enabling native Bitcoin bridging and redemption.
Official U.S. Department of Commerce partnership established to bring six key macroeconomic indicators onchain through Chainlink integration.
Strategic integration with Pump BTC expands DeFi capabilities to include staking and lending functionalities.
Protocol upgrade v1.3.0 released, enhancing network stability and peer connection speed.
Protocol upgrade successfully completed with zero downtime through decentralized operator voting.
Palladium Labs integrates Chainlink price feeds for Bitcoin-backed stablecoin CDPs.
Protocol reaches $10M TVL milestone during beta mainnet phase
New automated pBTC yield vault plvLOOP launches through Plutus and Dolomite partnership.
New tokenized vault plvDOLO launches, offering automated Dolomite yield farming with USDC.e rewards.
Network initiates first major upgrade (v1.1.13) with voting-based activation mechanism, maintaining 100% uptime since July 1st mainnet launch.
China expansion tour launches in Shanghai with Chainlink partnership announcement, featuring strategic meetup with GMX, Bitzy, and PalladiumLabs representatives.
Bitzy App crosses 500k in stablecoin liquidity while completing 0.1 BTC educational treasure hunt.
Network activity doubles to 6M total transactions on mainnet.
Bitzy DEX now processing BTC-USDC swaps with Lightning network integration.
Mainnet reaches 3M transactions with 16-node network at 100% uptime; launches Segment.fi and Bitcoin 2100 platform offering interest-free PUSD borrowing against BTC.
Joins Stargate's cross-chain liquidity network as Hydra-enabled chain, enabling guaranteed settlements across 80+ chains.
Mainnet achieves 2M transactions in first 5 days of launch.
Integrates Chainlink standard, joining ecosystem across multiple chains.
Stable swap launches on ArchSwap and Bitzy DEXs confirmed for this week.
New staking vault receives 50% of all gas fees, enabling Bitcoin staking rewards.
Strategic partnerships with Fireblocks and GMX established, launches Bitcoin 2100 campaign with sBTC rewards.
L2 solution launches on Bitcoin mainnet with 15-30 TPS and 16 active nodes, targeting 100 nodes.
Dolomite DeFi platform launches with non-custodial Bitcoin lending and borrowing capabilities.
USDC/USDT bridge launches with upcoming listings on ArchSwap and Bitzy DEXs.
Mainnet launch goes live with Chainlink integration, enabling secure cross-chain messaging and high-throughput data feeds for Bitcoin layer 2 infrastructure.
Stargate Finance integration launches with zero-fee unlimited transfers for USDC and WETH, connecting to 70+ chains network.
New Bitcoin City gaming platform launches with four BTC-reward games and NFT-gated access system.
Hyperlane integration enables interchain applications and token bridges across 150+ chains.
OKX Wallet integrates with platform enabling users to earn native Bitcoin yield and access DeFi applications directly through their OKX wallet.
Mainnet launches ahead of scheduled 2025 deployment, expanding Bitcoin's utility through spiderchain architecture.
New staking program launches offering stBTC holders 50% of network gas fees, alongside full DeFi suite including lending, borrowing, and leverage trading capabilities.
Mainnet launches with focus on expanding Bitcoin's utility beyond store of value.
Major expansion into Chinese market launches with Chainlink and TinTinLand partnership, drawing 240+ registrants for Shenzhen meetup.
SQD integration brings decentralized data access layer to ecosystem, enabling enhanced monitoring and development capabilities for Bitcoin dApps.
Strategic partnership launches with LNFI Network and Astralabs to expand Bitcoin's programmability and scaling capabilities through trustless bridging and Lightning Network integration.
Security audit of protocol stack begins with Sigma Prime (@sigp_io) conducting full protocol review.
Network control transferred to 16-member federation, implementing DKG and FROST technologies for decentralization.
DefiMaseer deploys carbon credit-based DeFi protocol offering 30%+ APY with CPI+5% floor in California's $73B market.
Aave protocol integration coming to Bitcoin L2, enabling permissionless DeFi access.
New Dolomite integration aims to bring Bitcoin's $2.1T market cap into DeFi, addressing current 1928462330511466723
RoverStaking launches BTC liquid staking protocol with upcoming Ammalgam Beta release and public audit competition.
Governance proposal PRFC-15 introduces tokenomics simplification and multi-chain expansion to Berachain, Superseed, and Botanix.
Rover Staking secures $4.1M funding to build Bitcoin liquid staking platform, enabling real Bitcoin yield generation.
Native teams secure funding while protocol remains in pre-mainnet phase.
inCENTiveEx integrates with Aragog Testnet, enabling real-world rewards and decentralized incentives.
GMX integration with Spiderchain approved via DAO vote, expanding perpetual trading to Bitcoin L2 ecosystem.
AAVE partners as first major DeFi protocol, enabling Bitcoin collateral functionality at launch.
EVM-equivalent Bitcoin L2 implements Chainlink Data Feeds and CCIP through SCALE program.
New EVM-equivalent L2 solution for Bitcoin receives infrastructure backing from Ankr.
Major pivot from Bitcoin Layer 2 to gold investment fund signals complete business model transformation.
Launching mainnet in Q2 2025. Initial 15 validators expanding to hundreds. Block time is 5 seconds with ~$0.01 fees. Uses Bitcoin as gas fee with no separate token. Validators will stake 3-5 BTC as bond.
Building trustless BTC Layer 2 using spiderchain technology that doesn't require Bitcoin soft fork. Can become BTC L2 without any forks.
Developer Botanix Labs moved to final testnet phase ahead of 2025 mainnet debut.
Final testnet is now live, described as a decentralized Bitcoin L2 with full EVM equivalence, built for Bitcoin-native DeFi.