what's echo protocol?
Echo Protocol is a decentralized finance (DeFi) platform built on the Aptos blockchain, focusing on Bitcoin Finance (BTCFi) to enhance Bitcoin's utility in DeFi ecosystems. It enables users to engage with Bitcoin assets through modular vaults and yield-generating mechanisms, bridging Bitcoin to Aptos via wrapped assets like aBTC. The protocol emphasizes community participation, with features like points systems, boosts, and integrations with wallets and other Aptos projects to facilitate seamless trading, staking, and liquidity provision. At its core, Echo Protocol uses a modular architecture that allows for customizable yield strategies and decentralized governance. Users can deposit Bitcoin-derived assets into vaults to earn rewards, participate in liquidity pools, and access leveraged positions without leaving the Aptos ecosystem. Partnerships with entities like IOTA and various Aptos builders expand its interoperability, aiming to unlock Bitcoin's potential for broader DeFi applications such as lending, borrowing, and automated market making. The protocol's design prioritizes accessibility and security, with built-in support for multi-chain interactions and community-driven campaigns. This fosters an inclusive environment where early adopters and long-term holders can benefit from ecosystem growth, all while maintaining Bitcoin's core principles of decentralization and scarcity.
Echo Protocol's eBTC/wBTC market launched on Curvance, enabling supply/borrow.
contract
aptos
binance-smart-chain
Launched eBTC/wBTC lending market on Curvance.
Echo completes an oversubscribed $2m funding round with participation from z00m3rf13d, comfycapital_, gametheorizing, devops199fan, and cobie, bringing total funds raised to $8m.
Cobie secures an additional Monad allocation for Echo users who participated in at least one deal, with potential for more airdrops in the future.
Echo investors become eligible for Monad airdrop, with claim instructions to be provided soon.
VOOI, a perpetual DEX aggregator supporting EVM and non-EVM networks, receives backing from Echo and YZi Labs.
Echo launches Sonar, a new product that hosts the MegaETH ICO.
Echo provides KYC management services for MEGA's public sale running until Oct 27th and previously hosted a funding round for the MegaETH project.
First leaderboard campaign completes with rewards distributed to winners, and a new campaign round launches soon.
All AI resources now available behind x402 integration, with VercelAI SDK wrapped to enable USDC-based AI purchases.
Concerns raised about potential oracle failures and possible nefarious activity affecting the platform's operations and reliability.
A new project called Fortune will host their inaugural seed round on the launchpad platform.
Echo serves as lightweight infrastructure for monetizing generative AI applications, with Terminal handling payout processing in an integrated system.
$1.14M token unlock scheduled for September.
Successful $10M fundraise completed in 3 minutes, demonstrating strong market demand.
THQ launch achieves 4000% oversubscription with individual investors committing five-figure amounts, demonstrating strong retail demand for new launches.
Partners with Legion.cc for KYC launchpad services, establishing position as one of two leading KYC launchpad providers in the space.
New mint launches at $0.35 with 10% price increase per mint, featuring burn-to-redeem mechanism for $efa tokens on Base blockchain.
Enhanced due diligence procedures revealed through partnership with PlasmaFDN for investor vetting.
$240M TVL achieved as project enters LFM mentorship program alongside successful graduates like Hyperion and Amnis Finance.
New X Spaces event scheduled for July 23rd, 2025 at 2PM UTC featuring Emma Kim and multiple BTCFi builders to discuss Bitcoin yield maximization strategies through DeFi.
Project secures $57M total funding across multiple rounds: $20M seed, $10M via echo, and $27M (10k ETH) raise.
$ECHO/$APT liquidity pool offers 900% APR with $4K reward boost on Hyperion
New trading competition launches on Binance platforms with 10M $ECHO prize pool for 5,000 winners, featuring 3x volume boost for limit orders, running until July 24.
Selective SAFT refunds offered to direct investors, creating unequal treatment concerns despite identical investment terms.
New NFT collection launches with dynamic pricing starting at 0.0001 ETH, featuring burn-to-earn mechanics for $EFA creator coins and immediate secondary market access.
New 8.2% BTC yield opportunity available on Aptos blockchain
Token surges 67.8% in 24 hours, leading small cap gainers
Projects building on testnet raise $64.25M with additional undisclosed funding, partnering with major infrastructure providers including Alchemy and Chainlink.
Market cap stands at $10M with recent 100%+ price movement while maintaining $290M BTC TVL.
Protocol reaches 1M+ transactions with 60K+ daily users and 1M+ Nekos minted, demonstrating significant adoption metrics.
Token prices drop 65% while maintaining 3-year vesting schedule for most projects, indicating potential liquidity concerns.
Airdrop of 625 ECHO tokens available on Binance Alpha for users with 170+ points, must claim within 24 hours of trading start.
Protocol TVL grows to $300M+ with token launching simultaneously on Binance Alpha and additional CEXs
Seed round Stock Tokens distribution begins on Robinhood Blockchain platform.
Trading launches on Binance Alpha July 2nd with airdrop claims available using Alpha Points.
Early-stage token investors face significant risks due to project term changes and limited investor protection mechanisms.
BTCFi protocol achieves market leadership with $278M TVL in BTC assets
Ethos scores may be implemented as qualification metric for Echo token sale access.
Platform positioned as preferred solution for transparent token presales, with recommendation to implement 6-month locks and community-focused distribution.
New Commitment Request sale type launches, replacing first-come-first-served with allocation requests and random selection for oversubscribed deals.
New creator token $EFA launches with NFT mint featuring burn-to-token liquidity mechanism and 10% progressive pricing model.
Volmex sale on platform completes with rapid sellout, indicating strong demand.
VCs implementing controversial carry fees on Echo groups, raising concerns about double-dipping and token distribution impact.
Social media compromise detected; active phishing campaign using fake Safeguard verification bot.
Private investment terms altered pre-TGE resulting in losses, while claimed VC returns are disputed.
PlasmaFDN deposits opening in 10 minutes.
PlasmaFDN deposit opens in 21 hours with $250M cap, accepting USDC, USDT, USDS, and DAI deposits on Ethereum for guaranteed allocation based on units.
TVL reaches $878M with 76% market share of BTC-pegged assets on Aptos, representing significant growth from previous metrics.
New product 'Sonar' launches for hosting public token sales
Dominates BTCFi on Aptos with 68% market share of 3,760 BTC (~$391M) total supply through aBTC token.
Anticipated PlasmaFDN token sale oversubscription signals potential ETH mainnet gas war.
Platform faces increased regulatory scrutiny due to user suggestions for illegal features.
First major ICO launches on platform with PlasmaFDN at $500M fully diluted valuation.
Platform expands into ICO launch services
New platform feature enables self-hosted token sales without KYC requirements.
New competitor Sonar announcement triggers Launchcoin price decline.
New payment system enables direct crypto transfers between X platform users specifically.
Application goes live on Base network.
Platform removes wallet requirement for crypto transfers and introduces user rewards program.
Platform expands operations with new groups and deals under @cobie's leadership.
Collection completion milestone reached with Capricorn Moon launch; holder rewards snapshot planned for next week.
Technical bug in cost decay mechanism forces contract pause until further notice.
Major protocol update implements standardized rarity-based pricing, removes creation cost ceiling, and rebalances reward modifiers for improved economic sustainability.
Platform facilitates $300k USDC fundraise for Awaken project with automatic investment tagging integration.
Raise completed with 81 participants. Mainnet launch details coming soon.
Coinbase Ventures launching Base Ecosystem Group on Echo platform. Echo is led by Cobie and aims to democratize access to investing.
Platform reported largest week by investment volume with $10M raised through MegaEth. 37 deals funded in past month with over 3,500 participating investors. Largest group has 11,700+ members.
Investment platform where MegaETH deal had $10M invested by 3200 investors, though blockchain data shows $9.2M from 2938 wallets.
First seed investment round accepting $5K tickets. Building global onchain economy focused on democratizing access to capital and upside.
Platform facilitating token sales and investments. Recently handled MegaETH investment round.