{"id":42890,"date":"2025-08-19T10:16:44","date_gmt":"2025-08-19T10:16:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42890"},"modified":"2025-08-19T10:16:44","modified_gmt":"2025-08-19T10:16:44","slug":"bitlayers-ybtc-enters-solana-as-the-defi-project-partners-with-kamino-finance-orca","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42890","title":{"rendered":"Bitlayer&#8217;s YBTC Enters Solana as the DeFi Project Partners With Kamino Finance, Orca"},"content":{"rendered":"<div>\n<p>Bitlayer, a bitcoin (BTC) DeFi infrastructure project, has partnered with Kamino Finance and Orca to bring its bitcoin-backed token, YBTC, to the Solana ecosystem.<\/p>\n<p>This integration is intended to combine Bitlayer&#8217;s security with Solana&#8217;s speed and scalability, aligning with Bitlayer&#8217;s goal of expanding the Bitcoin DeFi sector. It will provide bitcoin holders with native BTC exposure and yield opportunities, said Charlie Hu, co-founder of Bitlayer.<\/p>\n<p>&#8220;By combining Bitlayer&#8217;s security roots with Solana&#8217;s performance frontier through YBTC, we&#8217;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,&#8221; Hu said in a press release shared with CoinDesk.<\/p>\n<p>YBTC, pegged 1:1 with BTC, is central to Bitlayer&#8217;s BitVM bridge, which is designed for trust-minimized bitcoin transfers by eliminating centralized intermediaries. The token serves as a direct representation of users&#8217; locked BTC within the Bitlayer ecosystem, enabling seamless interoperability between Bitcoin and decentralized finance applications.<\/p>\n<p>By holding YBTC, Solana users can maximize yields through Kamino\u2019s institutional-grade earn vaults, which provide auto-compounding and optimized BTC-denominated returns, helping assets grow effortlessly. <\/p>\n<p>They also enjoy seamless trading with Orca\u2019s Concentrated Liquidity Market Maker (CLMM), which offers zero-slippage swaps between YBTC.B and other mainstream assets, providing smooth access to Solana\u2019s DeFi ecosystem.<\/p>\n<p>Last but not least, users maintain complete asset freedom, with the ability to redeem native BTC at any time via efficient, frictionless cross-chain operations.<\/p>\n<p>Bitlayer&#8217;s BitVM Bridge has already established partnerships with other networks, including Sui, Base, and Cardano, to advance its ecosystem collaboration. To promote early adoption, a limited-time incentive program for the mainnet beta is now underway, rewarding participants with Bitlayer&#8217;s native token, BTR, for minting YBTC and utilizing its cross-chain features.<\/p>\n<p>Kamino Finance is a Solana-based DeFi protocol, offering automated and optimized concentrated liquidity management for DEX market makers. Orca is a decentralized exchange built on Solana network. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitlayer, a bitcoin (BTC) DeFi infrastructure project, has partnered with Kamino Finance and Orca to bring its bitcoin-backed token, YBTC, to the Solana ecosystem. This integration is intended to combine Bitlayer&#8217;s security with Solana&#8217;s speed and scalability, aligning with Bitlayer&#8217;s goal of expanding the Bitcoin DeFi sector. It will provide bitcoin holders with native BTC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42890","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42890"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42890\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}