btr

#961

Bitlayer Labs

Networks · Layer-2

btr#961

Mcap$12.43M

$0.04757.28%

· Public Token Sale

Overview Markets News Fundraising More

Spot Volume (24H)

$2.17M-2.50%

Marketcap

$12.43M

FDV

$47.51M

Mindshare

Very Low

Circ. Supply

261.6M

Max Supply

1.0B

Mcap/FDV

26.16%

Total Supply

1.0B

Sector Ranking

#201

Bitlayer is a Layer 2 solution for Bitcoin, offering EVM and Ethereum toolchain compatibility, utilizing BTC as the native token. It aims to balance Bitcoin's security with Turing completeness through cryptographic and blockchain protocol innovations. Bitlayer supports trustless asset flow and versatile state transition expressions via EVM, SolanaVM, and more, fostering a Bitcoin-centric ecosystem.

Sector

Networks

Sector Rank

#201

Sub-Sector

Layer-2

Sub-Sector Rank

#43

API ID

Analytics

Resources

Social

Content

Kevin He

Co-Founder

Charlie Yechuan Hu

Co-Founder

1Y Price Performance -29.53%

All Time High

$0.232-79.54%

Feb 15, 2026

Cycle Low

$0.0159+199.18%

Jul 18, 2026

First Trade

Aug 10, 2024 on

MEXC Global

btr Chart

All Charts

$0.0475

1.44% Past Month

Price

$0.04751.44%

Mindshare

0.00085%53.76%

btr

More Charts

Spot Volume (24H)

$2.17M-2.50%

Marketcap

$12.43M

Mindshare

Very Low

All News

Create Your Own Report

Last Updated: Oct-29-2026 9:07 UTC

Bitlayer Labs Project Update

Get Caught Up

YBTC Ecosystem Expansion and Monthly Momentum (November 2025) In November 2025, Bitlayer extended its YBTC ecosystem to Mandala Chain, enabling Bitcoin to flow into decentralized identity and real-world asset markets, and launched the YBTC.B Vault on Volo for yield generation 1. The company also released its second Reflexivity Research report analyzing the YBTC Family's components, yield sources, and trust models, emphasizing trust-minimized, cross-chain liquidity solutions that transform Bitcoin into productive collateral 1. Network metrics showed $131.23 million in YBTC assets, with transaction volume up 3.21% month-over-month and over 772,000 addresses 1.

Institutional Access via Coinbase Prime (October 2025) In October 2025, BTR, Bitlayer's governance token, was listed on Coinbase Prime, enabling institutional custody and transfers 2. The month also saw YBTC assets integrated into the Solana ecosystem and the launch of YBTC.B Vault products facilitating cross-chain liquidity across Avalanche, Sui, and other chains 2. The YBTC.B standard now supports multiple ecosystems, including Ethereum, BSC, and Starknet, with partnerships on platforms like Folks Finance and Momentum 2.

BitVM Bridge Deployment and Sui Integration (September 2025) In September 2025, Bitlayer deployed the BitVM Bridge, enabling Turing-complete smart contracts on Bitcoin Layer 2, and integrated YBTC.B into the Sui Network and several DeFi protocols, supporting a TVL of approximately $300 million 3. The company also completed a cross-chain integration with Chainlink CCIP, enabling secure transfers between Bitlayer and Ethereum, and listed BTR on major Korean exchange Bithumb 3.

Biggest Stories of 2025

Bitlayer Monthly Report — November 2025: Bitlayer extended YBTC to Mandala Chain, launched the YBTC.B Vault on Volo, and released its second Reflexivity Research report, with network metrics showing $131.23 million in YBTC assets and over 772,000 addresses 1. (December 1, 2025)
Bitlayer Monthly Report — October 2025: BTR was listed on Coinbase Prime for institutional custody, YBTC assets were integrated into Solana, and YBTC.B Vault products launched across Avalanche, Sui, and other chains 2. (November 4, 2025)
Bitlayer Monthly Report — September 2025: YBTC.B was integrated into Sui Network and DeFi protocols with approximately $300 million in TVL, the BitVM Bridge was deployed enabling Turing-complete smart contracts on Bitcoin Layer 2, and BTR was listed on Bithumb 3. (October 9, 2025)
Classic Trading Mode: A guide outlined steps for engaging in "Classic Trading Mode," allowing users to connect a wallet, select Bitlayer or Base, and take Long or Short positions with configurable leverage and Take Profit/Stop Loss settings 4. (December 31, 2025)
Mandala and Bitlayer Bitcoin Liquidity Partnership: A Polkadot ecosystem update highlighted a partnership between Mandala and Bitlayer for Bitcoin liquidity 5. (November 22, 2025)