Bitlayer Monthly Report - February 2026

A collection of highlights from the month in Bitlayer

February 2026 marked one of Bitlayer’s strongest months yet. BTR surged to a new all-time high of $0.236, the Phase 2 BTR Airdrop officially launched with 10% of total allocations unlocking, and Bitlayer took the stage at Bitcoin Investor Week in New York. Cross-chain YBTC.B expansion continued with a new deployment on Plasma and continued DeFi presence on Sui.

Key Milestones:

• BTR Token Reaches All-Time High: BTR climbed to an all-time high of $0.236 on February 15 — more than doubling from January’s close of ~$0.107. Peak 24h trading volume exceeded $78M. Driven by Bitcoin L2 rotation, growing BTCFi narrative, expanding cross-chain YBTC utility, and Phase 2 airdrop anticipation.
• Phase 2 BTR Airdrop Launch: Went live on February 28 at 10:00 UTC, unlocking 10% of total allocations for eligible participants across Racer Center, Gems, Points, and ecosystem campaign rewards. Claims available at bitlayer.org/airdrop/btr with a 30-day claim window.

• Bitcoin Investor Week — New York City: Bitlayer participated in Bitcoin Investor Week (February 9–13) at Chelsea Piers, NYC — 2,500+ attendees including hedge fund managers, institutional investors, and policymakers. Co-founder Charlie Hu delivered a keynote on advancements in YBTC for enhanced security, liquidity, and capital efficiency.

• YBTC.B Cross-Chain Expansion: YBTC.B launched on Plasma (Feb 25), extending Bitcoin liquidity to a new ecosystem. Continued YBTC.B liquidity presence on Turbos Finance (Sui). YBTC.B vault on Folks Finance gaining significant traction with strong deposit growth.

Future Outlook

In March 2026, the Phase 2 Airdrop claim window runs through approximately March 30 — driving community-wide awareness to maximize claim participation. BTR Staking launch preparation is advancing, set to introduce new utility for BTR holders. Continued YBTC.B cross-chain expansion and deeper DeFi integrations across partner ecosystems are planned. Further strengthening of community infrastructure and engagement programs will continue.

📊 Network Metrics Snapshot

• Bitlayer YBTC Family TVL: $93.75M (Source: DeFiLlama - Bitlayer YBTC Family)
• Total Transactions: 97.27M+ (up ~1.45M from January)
• Daily TX Trend: Notable spike to 80–100K daily TX
• BTR ATH: $0.236
• Peak 24h Volume: ~$78M

📈 Deep Dive: BTR Token Performance and Market Momentum

BTR demonstrated exceptional market strength in February, climbing to an all-time high of $0.236 on February 15. Key factors included:

• Sustained momentum from Bitcoin L2 rotation and growing BTCFi narrative
• Expanding cross-chain YBTC utility driving ecosystem value
• Phase 2 airdrop anticipation fueling demand
• Continued increase in daily trading volumes, with peak 24h volume exceeding $78M

This strength reflects growing utility and broadening interest in Bitlayer’s Bitcoin DeFi infrastructure and programmable yield solutions.

🤝 Ecosystem Integration & YBTC.B Expansion

• Plasma Launch: YBTC.B officially launched on Plasma (Feb 25), bridged via the fully verified Bitlayer BitVM Bridge — extending trust-minimized Bitcoin liquidity to a new ecosystem.
• Sui Network: Continued YBTC.B liquidity presence on Turbos Finance, supporting secure and rewarding liquidity provision for BTC holders.
• Folks Finance: YBTC.B vault gaining significant traction with strong deposit growth, expanding Bitcoin DeFi utility.

🎬 Community & Media

• Bitcoin Investor Week: Strong presence at Chelsea Piers, NYC (Feb 9–13), with co-founder Charlie Hu speaking on YBTC advancements for security, liquidity, and capital efficiency.

• AI Community Moderation: AI-powered moderation deployed across all 4 official Telegram groups (Official, CN, Korea, Vietnam), strengthening community experience with automated spam prevention and real-time support.
• Social & Media: Consistent engagement on X with regular updates on YBTC pools, BTR milestones, and ecosystem developments. Ongoing media and KOL coverage positioning Bitlayer as a leading Bitcoin Layer 2 solution.
• Bridge Operations: Cross-chain bridge operations maintained stable, secure performance throughout the month.

For the previous report, see Bitlayer Monthly Report — January 2026. We look forward to sharing more progress soon!