Bitlayer has launched the BitVM Bridge Mainnet and introduced YBTC, marking the first functional implementation of the BitVM paradigm. YBTC is a trust-minimized, 1:1 pegged Bitcoin asset secured by the BitVM Bridge, allowing Bitcoin holders to access DeFi liquidity and yield opportunities. The project has secured integrations with major blockchain networks including Base, Starknet, Arbitrum, and Cardano. Total Value Locked (TVL) has surpassed $360 million, with over 3,000 BTC deposited, highlighting significant interest and adoption in the DeFi space.

ADA+1.62%ARB+3.90%BASE+1.89%BTC+1.16%STRK+4.24%YBTC

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