PANews
PANews|Aug 19, 2025 09:05
Bitlayer collaborates with Kamino and Orca to introduce YBTC into the Solana ecosystem The Bitcoin DeFi project Bitlayer has partnered with Kamino Finance and Orca to integrate its Bitcoin supported token YBTC into the Solana ecosystem. YBTC is pegged 1:1 with BTC, aiming to achieve decentralized Bitcoin transfers and provide profit opportunities for holders. Through Kamino's automated earnings vault, Solana users can obtain optimized BTC returns while enjoying a no slippage trading experience through Orca's liquidity market. In addition, users can redeem native BTC at any time through cross chain operations. Bitlayer has also established partnerships with networks such as Sui, Base, and Cardano, and launched a limited time incentive program to reward participants for using its cross chain functionality.
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