Brief
- Bitcoin integrations are developing in all networks such as Suit, Cardano and Aptos, providing a range of user cases to holders.
- Su has a number of Bitcoin DEFI integrations, including with Stacks (SBTC) and Lombard Finance (LBTC).
- Such integrations allow more features for Bitcoin beyond being a reserve of value.
Bitcoin is widely considered as the most secure and decentralized digital asset. But despite all its strength as a reserve of value, it has historically offered little financial use due to the limitations of the network, while its ball price prevented it from being considered as money of daily expenditure.
Bitcoin Defi, also known as BTCFI – a term referring to decentralized financing applications built on Bitcoin – is emerging to change it. SUI is one of the many layers of layer 1 blocks now loading the features based on Bitcoin, as well as Solana, Aptos and Cardano.
“Most of us start our trip to digital assets as Bitcoiners, attracted by the BTC as a secure and precious bluective, but until recently, the usefulness of Bitcoin was mainly limited to a value store.” said Adeniyi Abiodun, co-founder and CPO at Mysten Labs, the original team behind the SU network.
He added that SUP provides access to DEFI and rewards for Bitcoin users, so that they can “go beyond passive maintenance” of BTC.
What Bitcoin Defi Sur Suis looks like
The BTCFI ecosystem of Su Suis now includes several separate integrations. First, there is wrapped bitcoin (WBTC), brought by the suis bridge. This version of Bitcoin, struck on Ethereum and managed by the guards, offers the fastest path to the DEFI SUR APPLES. Users can deploy their WBTC in decentralized exchanges like Bluefin, or loan protocols such as Suilend and Navi. While WBTC is delivered with confidence compromises, its liquidity and infrastructure are tested in combat.
Then there is LBTC, a Bitcoin derivative published by Lombard Finance. It is designed for users who seek to put their BTC to operate in yield strategies, with features such as laying and integration overleteralized in fixed income products. LBTC offers flexibility while reducing part of the dependence on transverse bridges.
And more recently, SUD has expanded its BTCFI ecosystem by integrating into Bitcoin Layer-2 network batteries. This collaboration aims to enable Bitcoins holders to participate in loan, loan, trading and liquid stake services, generally traditionally limited to chains like Ethereum or Solana, or wrapped versions of Bitcoin on various channels.
Abiodun said that Bitcoin’s assets represent more than 10% of the total locked value (or TVL) on suis, which, according to him, “tells us that there is the request for Bitcoin to make more than simply sit on the sidelines.”
What is SBTC sur Su?
SBTC means BTC Stacks and is an asset supported by a Bitcoin of 1: 1 on the Bitcoin Stacks Bitcoin network, allowing a decentralized BTC movement in and out of the Bitcoin layers without relying on centralized goalkeepers. Unlike enveloped assets such as WBTC, which depend on third -party guards to contain and emit tokens, SBTC uses a decentralized network of signatories.
These signatories approve of the SBTC laying and the redemption by a threshold consensus mechanism – generally requiring approval of 70% – to maintain the safety and liveliness of the protocol. The objective is to provide Bitcoin holders with a way to access the protocols DEFI while preserving the ethics of Bitcoin’s confidence itself.
Abiodun said that SBTC allows Bitcoin holders to win awards and participate in DEFI using their bitcoin, without depending on centralized intermediaries. It also gives developers reliable and evolving access to Bitcoin liquidity, which allows them to create more sophisticated and friendly applications.
“We are looking for potential integrations that will improve the experiences of users and developers in a secure, fast and reliable environment,” said Abiodun, adding that Stacks is part of the “growing list” of allies, including Babylon, Redstone, Lombard, Cubiest and Spared who work to “help unlock the full Bitcoin potential.”
On the battery side, the intention is to fill Bitcoin in other ecosystems in a way that remains faithful to its decentralization ethics.
“This integration between SUPs and Stacks will allow Bitcoin holders to deploy their BTC in DEFI via SUD without any dependence on centralized guards,” said Ren Shah, contributor to the BD Stack BD working group.
Thanks to this integration and SBTC, Stacks aims to help pave new avenues so that Bitcoinders make their assets productive.
“Participation directly in Bitcoin is always limited,” added Shah. “Having an L1 as sui recognizes SBTC SUR SUD means that all holders can gain a yield and remain faithful to ethics without Bitcoin confidence, wherever they choose to do.”
Bitcoin DEFI on other channels
Suis is not the only network that builds around Bitcoin. Other channels also run to unlock BTC usefulness, but with various decentralization and conviviality degrees.
Cardano, for example, has experienced with Bitcoin packaging and synthetic assets that could allow BTC holders to participate in the extensive UTXO model of Cardano.
On Cardano, Bitcoinos improves the extended UTXO model (EUTXO) by allowing BTC to interact with Cardano intelligent contracts. This allows Bitcoin holders to use their BTC in DEFI activities such as loan or milestone on Cardano protocols, such as those supplied by ANETABTC.
Solana, meanwhile, supports WBTC via Ethereum bridges, with integration through decentralized exchanges (or dexes) like Jupiter and Orca. But its Bitcoin liquidity is relatively thin compared to ETH -based assets.
What distinguishes suis is his attempt to unify these models, offering childcare bridges, synthetic derivatives and assets minimized in a single environment.
Aptos et suis are both layer-1 blockchains built with the Move programming language, and both progress BTCFI. However, they differ in their technical approaches and their concentration.
Aptos emphasizes the challenge focused on integrations like XBTC (via OKX). Its connections, as with the B² network, allow Bitcoin bridges without confidence and performance opportunities, making it a center for defi protocols such as the Panora and Aries exchange markets. The Aptos environment prioritizes the liquidity of Bitcoin for loans, exchange and development.
Expand the use of bitcoin
The use of Bitcoin directly on a chain remains limited for most users. BTC native transactions do not support intelligent contracts, and the development of applications directly on Bitcoin is always difficult, despite the progress of projects such as ordinals and BITVM.
Abiodun declared that follows “the usefulness of Bitcoin, allowing users to go beyond maintenance”.
The increasing BTCFI category aims to put Bitcoin for active use without compromising decentralization. The approach of SUI – through SBTC, WBTC, LBTC and other assets – explains how several roads to the BTC utility can coexist in an ecosystem. Suis has also recently announced a Collaboration with Bitlayer To launch the “first minimized BITVM bridge of confidence” on suis.
And there is apparently more to come, Abiodun saying that “BTCFI is a key strategic priority this year” for the SUC ecosystem.
Edited by Andrew Hayward
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