Binlayer
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Protocol TVL
About Binlayer
BinLayer is a staking platform for BNB and its LSD. Through authorising BinLayer's smart contracts to impose additional slashing conditions on BNB and it's LSD, stakers contribute to enhanced cryptonomic security of the BNB ecosystem
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Security & Audits
Binlayer Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Jun 8, 2024Listed on DeFiLlama
Protocol Profile
Binlayer is a Restaking protocol that issues liquid receipt tokens against staked deposits, so users earn validator rewards without locking up the underlying asset. It is deployed on Binance.
TVL Distribution by Chain
Supported Chains
Protocol Footprint
Binlayer is a single-chain protocol, deployed exclusively on Binance — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.
Official Resources & Links
Verified external resources for Binlayer — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Restaking protocols on Mantapex
Binlayer is one of 7 Restaking protocols Mantapex tracks in this category. Direct peers ranked by total value locked include EigenCloud, Babylon Protocol, Symbiotic, and 3 more. These peer protocols collectively secure $12.9B in deposits, giving you a frame of reference for whether Binlayer's own TVL is at the top, middle, or tail of the category.
Recent Binlayer news
Latest reporting from major crypto news outlets covering Binlayer.
- CoinPedia
Franklin Templeton-Backed Bitcoin Project Bitlayer Crashes 78% Amid Rug Pull Allegations
Bitlayer (BTR), a Bitcoin Layer 2 project built on BitVM, has seen a nearly 78% drop over the past 24 hours, now trading around $0.041. The project, backed by investors such as…
- Blockonomi
Bitlayer Adopts Chainlink CCIP to Power BTC DeFi Across Chains
Bitlayer integrates Chainlink CCIP to enable cross-chain BTC DeFi with YBTC and stablecoins
- Crypto Briefing
Bitlayer adopts Chainlink CCIP for cross-chain transfers between Bitlayer and Ethereum
Bitlayer's integration of Chainlink CCIP enhances cross-chain liquidity and boosts Bitcoin DeFi potential, fostering broader blockchain interoperability. Bitlayer adopts Chainlink…
- The Cryptonomist
BTC on Solana without custodians: Bitlayer's 1:1 YBTC debuts with Kamino and Orca — yields and instant liquidity
Bitlayer introduces on Solana YBTC, a token pegged 1:1 to BTC and integrated with Kamino Finance and Orca, with the aim of offering BTC yields on Solana and low-latency trades…
- Coindesk
Bitlayer's YBTC Enters Solana as the DeFi Project Partners With Kamino Finance, Orca
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.
- Crypto Economy
Bitlayer Rolls Out Cross-Chain BTC Bridge: SUI, Arbitrum, Cardano Integrated!
TL;DR Bitlayer, supported by Franklin Templeton, just launched its BitVM bridge on Bitcoin's mainnet, transforming BTC into Peg-BTC for use across networks like Sui, Arbitrum,…
- Cointelegraph
Franklin Templeton-backed Bitlayer rolls out Bitcoin bridge on mainnet
Bitlayer faces competition from other Bitcoin DeFi protocols such as BabylonChain, Stacks and BounceBit.
- Bitcoin
Bitlayer Teams up With Major Bitcoin Mining Pools to Achieve ‘First' BitVM Implementation
Bitlayer has formed partnerships with three bitcoin mining pools—Antpool, F2pool, and Spiderpool—to enhance the implementation of the Bitcoin Virtual Machine (BitVM) and the BitVM…
Related protocols
Other DeFi protocols connected to Binlayer by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Restaking protocols
Top protocols on Binance
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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