Bitcoin re-pledging platform SatLayer announces integration with Sui

Bitget App

Trade smarter

Bitget2024/12/18 15:21

According to Decrypt, Bitcoin re-pledging platform SatLayer announced its integration with Layer1 blockchain Sui, which will enable developers to leverage Bitcoin's $2.1 trillion market value to provide security for decentralized applications on Sui. SatLayer is deployed on the Babylon chain and currently has 57,300 Bitcoins pledged worth $6 billion. The Sui ecosystem had 150 full-time developers in 2024, and this integration will bring new development opportunities for its DeFi ecosystem.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

Galaxy: The top seven deals accounted for nearly half of Q3 investment activity, signaling the possible end of the golden age for pre-seed and seed round investments

Data: In the past 24 hours, CEX saw a net outflow of 19,541.03 BTC