Bitlayer Monthly Report — October 2025
Welcome to Bitlayer!
October marked a period of accelerated growth for Bitlayer, highlighted by significant ecosystem expansion and institutional adoption.
A key development was the entry of YBTC family assets into the Solana ecosystem, coupled with the launch of innovative YBTC.B Vault products like the YBTC.B-wBTC pool. These offerings have successfully attracted users across multiple chains including Avalanche and Sui, signaling growing cross-chain demand. This momentum clearly indicates the continued evolution of a robust Bitcoin capital market built around YBTC.

On the institutional front, BTR’s integration with Coinbase Prime represents a major milestone in Bitlayer’s path toward institutional adoption, opening doors for future participation from traditional financial entities.
Our global presence was further strengthened through extensive engagement at Korea Blockchain Week, where both co-founders delivered insightful presentations on critical industry topics including:
- The future of Bitcoin with OP_CAT
 - Scaling DeFi through innovation
 - Bitcoin as the ultimate asset and Solana as infrastructure
 
These developments collectively demonstrate Bitlayer’s growing influence in shaping the future of Bitcoin-native finance. Let’s dive into this month’s developments!
📊Network Metrics Snapshot
- Bitlayer YBTC Family Data: $214.78M (Source: DeFiLlama - Anchor BTC Protocol)
 - Transaction Volume: 89.47M (+7.95% MoM)
 - Cumulative Addresses: 773,552
 
🤝Chains Integration
Bitlayer is now bringing Bitcoin liquidity to the Solana ecosystem through the fully verified Bitlayer–Solana bridge, unlocking new yield and DeFi opportunities across chains.
📝Official YBTC.B Contract on Solana: 3VcKofugG1SPJmjuiEZCJL5mk1JkyqGZ19ByeMWXVWfK

🏎YBTC.B Expansion
YBTC.B serves as a universal cross-chain liquidity standard for Bitcoin, bridging EVM and non-EVM ecosystems and enabling seamless deployment of native BTC across multiple DeFi networks.
Recent Integrations:
- 
    
Now live on Folks Finance with a new YBTC.B vault offering rewards up to 6.7% APY.

 - 
    
YBTC.B - wBTC pool live on Turbos Finance, empowering BTC-backed DeFi on Sui.

 - 
    
YBTC.B–sat.YBTC.B pool is now live on Momentum, empowering smarter Bitcoin yields.

 
To date, YBTC.B is now actively supported across Sui, Solana, Ethereum, BSC, Avalanche, Plume Network and Starknet. Now you can explore YBTC.B products on leading protocols including: Folks Finance, Momentum, Cetus Protocol, Turbos Finance, LFJ, SatLayer, and Navi.
🧇BTR Support on Coinbase Prime
BTR functions as Bitlayer’s core governance token and is progressively evolving into a broader utility asset as the ecosystem decentralizes.
We’re pleased to share that BTR is now supported on Coinbase Prime, enabling institutional investors, including hedge funds, asset managers, and corporations, to secure custody and transfer BTR within a trusted regulatory framework.

🎬Exclusive Interview
At Korea Blockchain Week 2025, co-founder Charlie Hu spoke with Blockster’s Eric Spivak on how the Bitlayer is bridging Bitcoin and DeFi, transforming BTC from a passive store of value into an active, yield-generating asset.

Key Insights:
- “Bitlayer strategically partners with some of the most trusted and efficient DeFi protocols across ecosystems. This approach allows them to find a sweet spot, where Bitcoiners are genuinely incentivized to stake, but without the unrealistic, sky-high APYs that often raise red flags.”
 - “As Bitlayer continues to scale its infrastructure and expand cross-chain integrations, Charlie shares that the team is preparing for another round of investors to help accelerate development. The goal isn’t just capital. It’s strategic alignment.”
 - “It’s still early days for the Bitcoin ecosystem, and Bitlayer is positioned to lead this next chapter of growth. As more builders, investors, and users recognize the potential of unlocking Bitcoin’s liquidity through secure, yield-driven infrastructure, Bit Layer stands ready to guide that transition. By combining deep technical innovation with a pragmatic approach to sustainability, the team is laying the groundwork for Bitcoin’s evolution from a passive store of value into a truly active player within the DeFi economy.”
 
📖Read full interview: https://www.youtube.com/watch?v=1JSZ1ct520Q&t=1s
🌍Events & Keynotes
- 
    
“Future of Bitcoin with OP_CAT”
Co-founder Kevin He joined the panel “Current Bitcoin Tech Landscape”, outlining Bitlayer’s vision for Bitcoin’s future and how we’re shaping the next chapter of Bitcoin DeFi.

 - 
    
Hack Seasons Conference Singapore
Charlie Hu explored “Can DeFi Scale Without Reinventing Itself?”, tracing the path from 2021 to the present and highlighting Bitcoin-native DeFi as the next driver of mass adoption.

 - 
    
Solana Apex Singapore
Charlie Hu joined the “Bitcoin is the Asset; Solana is the Infrastructure” panel to share insights on the rise of BTC liquidity in Solana and Bitlayer’s unique approach to building in this space. The momentum is real and the opportunities in BTCFi are just getting started.

 - 
    
The Future of Money, Governance & the Law
Charlie Hu participated in the “Bridging TradFi and DeFi: Innovation, Regulation & the Road Ahead” panel in Washington D.C., contributing as a key voice on innovation and regulation.

 
This month’s progress builds a strong foundation for Bitcoin’s DeFi future. We’re excited to continue expanding the YBTC ecosystem and sharing new developments in the coming months. Thank you for being part of our journey!