
Bitlayer Monthly Report - July 2025
A collection of highlights from the month in Bitlayer
This month, we have achieved significant milestones across product development, operational activities, and global media presence. Notably during Summer Launch 2025, the mainnet launch of BitVM Bridge marks a major step in BitVM’s real-world implementation. Furthermore, the Booster Campaign co-launched with Binance Wallet will amplify on-chain activity across Bitlayer, as our builders continue gaining prominence within the broader Bitcoin ecosystem.
Let’s dive into this month’s developments!
🔥This Month’s Top Stories
Bitlayer Summer Launch 2025
co-founders Kevin He & Charlie Hu revealed in this keynote series:
• BitVM Bridge Mainnet Launch
• Bitlayer Network V2 Whitepaper
• V3 Architecture Preview
You can check out the full series here: https://www.youtube.com/@Bitlayer_Official
BitVM Bridge Mainnet Beta Live
As the first functional application based on the BitVM paradigm, Bitlayer BitVM Bridge delivers a trust-minimized bridging solution for Bitcoin holders, addressing critical demands as Bitcoin DeFi scales toward maturity.
Bitlayer X Binance Wallet Campaign
In collaboration with Binance Wallet, Bitlayer launches a Booster campaign distributing 30M BTR to participants completing tasks. Phase 2 is active from July 31 (09:00 UTC) to August 14 (09:00 UTC), featuring 7.5M BTR in rewards.
Reflexivity Q2 Crypto Market Analysis Live Recap
Co-founder Charlie Hu joined industry leaders, including Anthony Pompliano, Will Clemente, Mapple, MatterLabs, and 0G, to decode the major Q2 takeways.
CoinDesk Feature
BitVM Bridge’s mainnet launch established a trust-minimized BTC bridge framework for Bitcoin liquidity, using smart contracts to lock BTC with fraud-exposure mechanisms.
📊Network Metrics Snapshot
- TVL: $435.24M (Source: DeFiLlama)
- Cumulative Addresses: 787,608
- Transaction Volume: 69.32M (+22% MoM)
🚀More Updates and Events
Technology & Product Development
- Bitlayer Racer Center Update: Partial tasks and events in the Bitlayer Racer Center concluded on July 24, 00:00 UTC.
- The Momentum Odyssey on Galxe: Explore Bitlayer tasks and rewards through the Momentum Odyssey campaign.
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YBTC.B Now Live on LFJ: Powered by Bitlayer’s cross-chain infrastructure, YBTC.B unlocks Bitcoin’s dormant value with unique capabilities. Now integrated into LFJ, an on-chain trading platform for winners.
- Element Market Live on Bitlayer: Element Market (multi-chain NFT Marketplace & Aggregator supporting 23 networks) is now integrated, enabling Bitlayer NFT exploration.
Partnerships & Ecosystem Expansion
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BTR Token Sale on CoinList (July 31 – August 7): Bitlayer launches its BTR Token Sale via official partner CoinList from July 31, 2025 (16:00 UTC) to August 7, 2025 (16:00 UTC).
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GoMining Token Sale Successfully Concluded: The BTR token sale on GoMining has successfully wrapped up! We’re proud to be the first Bitcoin project to launch on the platform and connect with the broader BTC mining community.
Media & Thought Leadership
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Blockmedia Exclusive: Charlie Hu unveiled product updates and potential BTC utility for institutional investors.
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The Bitcoin Economy Interview: Charlie Hu shared insights on why Bitcoin cannot survive as a passive asset and how to scale Bitcoin without breaking trust.
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Crypto Coin Show Interview: In this exclusive interview, Charlie Hu dives into how Bitlayer is pushing Bitcoin DeFi forward with BitVM, a breakthrough that brings Turing-complete smart contracts to Bitcoin.
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Cointelegraph Coverage: BitVM Bridge is a “trust-minimized bridging solution for Bitcoin holders.” It enables users to deposit Bitcoin into a smart contract, where it is held in escrow and converted into Peg-BTC (YBTC), a tokenized version of Bitcoin that can interact with smart contract platforms. It is a key infrastructure for Bitcoin DeFi.
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Chain of Seoul Interview: Charlie Hu shared his crypto journey and Bitlayer’s plans for Korean market integration.
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Web3pod.xyz Interview: Charlie Hu elaborated on Bitlayer’s development of a Bitcoin-native rollup and trust-minimized BitVM Bridge, enabling seamless BTC liquidity integration for DeFi while preserving Bitcoin-level security protocols.
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CoinNess Interview: Charlie Hu disclosed key development milestones and strategic roadmap advancements for Bitlayer’s ecosystem evolution.
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Bitcoin News Feature: Charlie Hu Discussed BTCFi’s potential with GoMining’s David Lolaev and Zamy Atlukhanova.
Community and Brand Visibility
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Monsterblockhk X Sui X Bitlayer Recap: Co-founder Kevin He demonstrated how BitVM Bridge brings YBTC into the Sui ecosystem, showcasing live technical capabilities and the potential of BTCFi.
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Programmable Bitcoin AMA: Co-founders discussed Bitcoin’s ecosystem transformation with DeSyn Protocol CEO Lionel Yuan, exploring: Bitcoin-native financial primitives & Cross-chain composability frameworks
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Bitlayer Space Recap: Co-founders discussed market trends, Bitcoin narratives, and altcoin roles with Dan Held and Omkar Godbole.
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CoinList Space Recap: Co-founder Charlie Hu detailed project vision, token sale mechanics, and future roadmap with the community.
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Momentum Space Recap: Bitlayer team and crypto partners explored BTCFi on Sui, liquidity strategies, derivatives, and incentive frameworks.
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GoMining AMA Recaps: Bitlayer co-founder Charlie Hu hopped in the X space to share Bitlayer’s vision, milestones, core tech developments with GoMining’s community.
🔜What’s Next?
August emerges as a pivotal month for Bitlayer, with strategic partnership reveals and Bitcoin DeFi ecosystem expansion updates slated for the coming weeks.
Watch closely as developments unfold.