Bitlayer Joins Forces with Kamino Finance and Orca, Marking YBTC’s First Entry into Solana Ecosystem

Pioneering Bitcoin infrastructure project brings trust-minimized BTC representation to high-speed blockchain.

Hong Kong, August 19, 2025 — Bitlayer, a Bitcoin DeFi infrastructure project, today announced strategic partnerships with leading DeFi platforms Kamino Finance and Orca, with the expansion of YBTC to the Solana blockchain ecosystem. As a cross-chain asset backed 1:1 by Bitcoin and empowered by Bitlayer, YBTC leverages Solana’s high-performance blockchain to deliver unparalleled liquidity and yield opportunities.

Solana’s high-performance architecture and user-centric design offer significant potential to accelerate innovation and adoption in the growing BTCFi sector. This aligns with Bitlayer’s core goals of delivering enhanced speed, scalability, and decentralization for Bitcoin-native DeFi.

This integration opens new avenues for BTC holders to earn yield while maintaining direct exposure to BTC’s value within Solana’s vibrant DeFi landscape.

“By combining Bitlayer’s security roots with Solana’s performance frontier through YBTC, we’re delivering what BTC holders demand: native Bitcoin exposure with yield opportunities. Kamino and Orca provide the essential liquidity rails to make this vision operational at scale,” said Charlie Hu, Co-Founder of Bitlayer.

“Solana is the most compelling destination for on-chain Bitcoin liquidity. With a unified liquidity layer, lightning-fast and low-cost transactions, and a thriving ecosystem of DeFi protocols, Solana is enabling BTC holders to unlock real utility—from yield generation to seamless composability—without compromising on performance or decentralization,” said Jiani Chen, Growth Director of Solana Foundation.

Understanding BitVM Bridge and YBTC

BitVM represents a breakthrough in extending Bitcoin’s utility beyond digital gold. Built on this leading paradigm, the first implementation BitVM Bridge offers unprecedented security, efficiency, and trust minimization for moving Bitcoin value.

YBTC, minted via BitVM Bridge, maintains a strict 1:1 peg with Bitcoin and can be utilized across Bitlayer and other supported blockchain ecosystems. Following the recent mainnet beta launch of the BitVM Bridge, users can expect to bridge Bitcoin onto chains like Solana with minimized trust assumptions.

A limited-time incentive program is now live for the mainnet beta, allowing participants to experience YBTC minting and cross-chain functionality while earning BTR rewards. Explore the mainnet now: https://bitvmbridge.bitlayer.org/home

Endless Possibilities with YBTC on Solana

Bitlayer’s BitVM Bridge has already established partnerships with leading networks and protocols, including Sui, Base, Starknet, Arbitrum, Sonic SVM, Cardano, and Plume Network, to advance YBTC integration and ecosystem collaboration.

With this new strategy extension, YBTC’s global adoption will be accelerated, and offers several features designed for ease of access and flexibility for Solana ecosystem users:

• Maximized Yields: Through Kamino’s institutional-grade earn vaults, YBTC.B users can enjoy auto-compounding and optimized BTC-denominated returns, effortlessly growing their assets, while also benefiting from better quotes on Kamino Swap compared to swapping solely on a decentralized exchange.

• Seamless Trading: Orca’s Concentrated Liquidity Market Maker (CLMM) ensures zero-slippage swaps between YBTC.B and other mainstream assets, empowering users to dive into the Solana DeFi wave.

• Asset Freedom: Redeem native BTC at any time with efficient, frictionless cross-chain operations, maintaining full asset sovereignty.

Unlike traditional custodial bridges, BitVM Bridge eliminates centralized intermediaries, enabling trust-minimized transfers of BTC into Solana’s ecosystem while preserving decentralization. And this capability represents an essential requirement for the growth of BTCFi.

For the near future, Bitlayer will drive further adoption initiatives to integrate Bitcoin-backed assets across Solana, supported by partnerships with top-tier DeFi protocols. A full list of collaborators and upcoming integrations will be unveiled in the coming months. Stay tuned.

About Bitlayer

Bitlayer is pioneering the first BitVM implementation. By merging unparalleled security with a lightning-fast smart contract engine, Bitlayer unlocks the full potential of Bitcoin DeFi.

Built on Bitcoin’s native security architecture, Bitlayer is constructing a trust-minimized BitVM Bridge, a yield-bearing asset YBTC and a high-throughput Bitcoin Rollup— bringing true utility, speed, and composability to Bitcoin, and establishing a complete DeFi infrastructure for the Bitcoin ecosystem.

For more information about Bitlayer, please visit https://www.bitlayer.org/.

Contact: [email protected]