Satlayer just hit $450M in TVL, this dominance will help transform #Bitcoin eco from not just a store of value but into a programmable, yield-bearing asset.
→ They are achieving this by;
• Powering BTC-backed stablecoins
• Supporting AI-powered tools.
• decentralized credit market.
• Enabling Bitcoin native yield opportunities.
→ Already backed by top companies like;
• @plumenetwork
• @LayerZero_Core
• @capmoney_ and some top companies.
Bitcoin is evolving and investors/holders are pivoting towards yields, @satlayer is one of the leading teams that can helping Bitcoin achieve this goal.
→ Current Metrics so far:
• TVL: $450M
• On-chain transactions: 1.6m
• Partners in the BVS ecosystem: 25+
• Restakers: over 425k
• Net deposit: $257.8m
• Top integration: @babylonlabs_io, @ethereum, @SuiNetwork, @berachain, @BNBCHAIN, @BitlayerLabs, and more
All this figure are not hyped numbers, SatLayer is already one of the fastest-growing protocols in the space.
Currently Satlayer just dropped their last big pre TGE event, a way to grab up your SLAY allocation.
Personally I think it’s no more wise to just store your $BTC alone you can put it to work by restake it on satlayer.
$500m TVL next.
10.98K
26
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.