Bitlayer 

BTR Price

What is Bitlayer (BTR), the Bitcoin Layer-2 network?

Bitlayer is a Bitcoin Layer-2 rollup built on the BitVM paradigm, designed to give smart contracts security equivalent to Bitcoin's own while adding Turing-complete, EVM-compatible execution ("real-time EVM"). The network targets BTCfi — Bitcoin DeFi — through a BTC bridge, swap venues, and earn products. BTR is the native token of the Bitlayer network (chain ID 200901, explorer btrscan.com) and also exists as ERC-20 on Ethereum and BEP-20 on BNB Smart Chain. DropsTab classifies Bitlayer under Layer-2 and Bitcoin Ecosystem.

Is Bitlayer built on BitVM?

Yes — Bitlayer describes itself as the first Bitcoin Layer-2 rollup built on the BitVM paradigm. BitVM verification aims to give Bitlayer smart-contract security equivalent to Bitcoin's own, while a real-time EVM execution layer provides Turing-complete, EVM-compatible smart contracts. The Bitlayer roadmap rests on three pillars: a BitVM-verified rollup, real-time EVM, and an open Bitcoin DeFi ecosystem spanning the BTC bridge, lending, and DEX partnerships.

What is BTR's total supply and token distribution?

BTR has a fixed total and maximum supply of 1,000,000,000 tokens — total equals max, with no inflation. The official allocation: Ecosystem Incentive 40%, Investors & Advisors 20.25%, Core Team 12%, Public Distribution 11%, Node Incentive 7.75%, Treasury 6%, Liquidity 3%. Initial circulating supply at TGE on August 27, 2025 was 261,600,000 BTR (26.16%). Insider concentration is meaningful — investors, advisors, and the core team together control roughly 32.25% of supply.

How does BTR's vesting schedule affect sell pressure?

Bitlayer's official tokenomics grant Investors & Advisors a 6-month cliff followed by a 24-month linear unlock of 202.5M BTR, fully vested at month 30. That cliff expired around February 2026, opening the largest sustained unlock pressure on BTR — a continuous investor drip running through mid-2029. Core Team tokens face a stricter structure: a 24-month cliff, then 48 months linear. Long cliffs mitigated the near-term overhang, but the investor drip concentrates structural sell pressure across 2026–2028.

Who are Bitlayer's investors, and what does the funding signal?

DropsTab fundraising data shows over $29M disclosed across seven tracked rounds, led by Franklin Templeton, Polychain Capital, and Framework Ventures. The Seed round ($5M, March 2024) brought Framework Ventures, ABCDE Capital, OKX Ventures, and StarkWare. The Series A ($11M, July 2024) was co-led by Franklin Templeton and ABCDE Capital. Backing from a traditional asset manager plus market makers GSR, FalconX, and Flow Traders signals institutional confidence and deep liquidity relationships.

What did Bitlayer's airdrop require to qualify?

Bitlayer's airdrop ran from August 27 to September 27, 2025, with BTR claims live at TGE. Eligibility tied to earlier participation: the "Racer Center" point-farming campaign, running since July 2024, rewarded ecosystem activity with Bitlayer points and gems that fed allocation. A reported 30M BTR community allocation sat in the public-distribution bucket. The airdrop has ended — node-incentive emissions and the fee switch are Bitlayer's ongoing engagement surfaces.

How much did BTR cost in the CoinList public sale?

Bitlayer's CoinList public sale, held July 31 to August 7, 2025, sold 20M BTR — 2% of supply — in two price tiers: $0.15 per token with lockup, and $0.20 per token with 100% of sale tokens unlocked at TGE, targeting a $4M raise at a $200M fully diluted valuation for the $0.20 option. A separate Binance Wallet sale on August 13, 2025 offered another 20M BTR at $0.02 per token in BNB.

Where can BTR be bought and traded?

BTR trades on centralized exchanges including Gate, Kraken, KuCoin, MEXC, and Bitget — predominantly USDT pairs, plus USD and EUR pairs on Kraken and CEX.IO. Per DropsTab data, CEX venues outnumber DEX venues. Perpetual futures (BTRUSDT) are live on Binance, Bybit, Gate.io, KuCoin, and MEXC — tier-1 derivatives coverage. DEX liquidity runs through Uniswap v3 on Ethereum and PancakeSwap v2 on BSC. Spot depth concentrates in mid-tier CEXs; EUR and USDC books are thin.

What is the future of Bitlayer's roadmap?

Bitlayer's roadmap centers on the three original pillars: a BitVM-verified rollup, real-time EVM execution, and an open BTCfi ecosystem built on the BTC bridge, lending, and DEX partnerships. Node-incentive emissions follow an annual halving — 3.875% of supply in year one — and the fee switch can direct protocol revenue to BTR stakers or buybacks. No dated future milestones beyond these programs are publicly disclosed.