Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.07% | 1.91% | 8.45% | 7.46% | 55.00% | -- |
Comparison
Tokenomics
Unlock Progress
Unlock Event
| Date | Unlocked Token Amount | Unlocked M.Cap | M.Cap (%) | Allocation |
|---|---|---|---|---|
| Oct 27, 2026 | 14.68M BTR | $690.69K | 5.61% | 2 Allocation |
| Nov 27, 2026 | 14.68M BTR | $690.69K | 5.61% | 2 Allocation |
| Dec 27, 2026 | 14.68M BTR | $690.69K | 5.61% | 2 Allocation |
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0x3ec3...22f3 |   BTR | 92,520,213.86 | 9.25% | $4.35M |
| 0x87f7...ee39 | BTR | 30,965,045.54 | 3.1% | $1.45M |
| 0xd2dd...869f | BTR | 7,448,297.32 | 0.74% | $350.47K |
Open Markets
Follow Updates
Follow Lists
People
About Bitlayer
Bitlayer, a Bitcoin Layer 2 solution built on BitVM technology, has achieved several milestone milestones.
In October 2023, Kevin He and Charlie Hu co-founded Bitlayer and introduced the Bitcoin Virtual Machine (BitVM) concept, bringing Turing-complete smart contract capabilities to the Bitcoin network. After the mainnet launch in 2024, the platform's TVL surpassed $550 million within six months, processing over 150,000 daily transactions and supporting more than 300 projects, with a community of over 700,000 members, establishing itself as a leading Bitcoin Layer 2 solution.
In 2025, Bitlayer completed a $5 million community public offering, bringing total financing to $29.91 million. The BTR token economics were announced, allocating 40% to ecosystem incentives. Bitlayer collaborated with Base, Starknet, Arbitrum, Sonic, and Plume Network to promote cross-chain BTCFi development. In August, Binance Alpha listed BTR trading and perpetual contracts, marking the token's entry into mainstream trading markets. During the same period, active addresses grew 118% in 7 days, and TVL ranking rose to the top of the BTC L2 track.
These milestones outline Bitlayer's journey from technical validation to ecosystem expansion and market recognition.
Positive: In August 2026, BTR surged over 400% in seven days, driven by BitVM, institutional capital, and Bitcoin L2 penetration; on August 25 it rose 13.1% in a day, and on August 26 intraday prices exceeded triple the prior close; cumulative funding of ~$30M included Franklin Templeton and others.
Negative: On May 28, 2026, the BitVM Bridge stopped accepting deposits, with withdrawals ending June 3 and no restart timeline; bridged BTC balance has been unchanged since July 3, indicating no real adoption; the transparency report revealed standard investors' first unlock was one month earlier than public schedule, and KOL investors began unlocking in November 2025; post-May price moves were viewed as liquidity factors, not adoption expansion.
Kevin He (Co-Founder)
LinkedIn: linkedin.com/in/0xkevinhe Twitter: x.com/0xkevinhe
Previously founded bugtags.com and YOUChain. Served as Chief Architect at YOUChain, leading architecture design and R&D of the public chain, achieving 100+ nodes, 600+ TPS, and 5s confirmation. Also held senior technical roles at Huobi and SINOHOPE, building teams and products for HECO and custody platforms.
Charlie Hu (Co-Founder)
LinkedIn: linkedin.com/in/charlieyechuanhu Twitter: x.com/CharliehuAI
Previously founded PolkaBase and LucidBlue Ventures. Led ecosystem development for Polygon in China and Southeast Asia, and managed business development for Tezos in China. Also served as Blockchain Advisor at OSA DC and held roles at Candaq Fintech Group.