Score withheld

Bitlayer

BTR

Layer 2, network protocol weights

STRICT score withheld.Score opens with Pro

Sustainabilitywithheld×0.20–

Transparencywithheld×0.14–

Revenuewithheld×0.10–

Innovationwithheld×0.24–

Communitywithheld×0.18–

Tokenomicswithheld×0.14–

Weights are public.

The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.

See plans

Research, not financial advice. Read the terms.

About Bitlayer

Analysis of 23 Mar 2026

Bitlayer is a Bitcoin Layer 2 solution implementing BitVM technology to bring EVM-compatible smart contracts and DeFi to Bitcoin. Launched on mainnet in April 2024, Bitlayer uses an optimistic rollup architecture with fraud proofs anchored to the Bitcoin blockchain, inheriting Bitcoin's Proof-of-Work security.

Full overviewShow less

As of March 23, 2026, BTR trades at $0.189 with a market cap of $49.5M (rank #447) and $17.4M daily volume. The ecosystem spans 300+ dApps, 97M+ transactions, and 700K+ community members.

Bitlayer's BitVM Bridge enables trust-minimized bridging of native BTC as YBTC (Yield Bitcoin) across Ethereum, Solana, Base, Arbitrum, Sui, and Cardano. The team of ~70 developers is led by Kevin He (ex-Huobi head of blockchain, built HECO chain to $10B TVL) and Charlie Hu (ex-Polygon SEA head).

Backed by $25M from Franklin Templeton, Polychain Capital, and Framework Ventures at a $300M valuation, Bitlayer has integrated with major Bitcoin mining pools (Antpool, F2Pool, SpiderPool) representing 31.5% of Bitcoin's hashrate for BitVM transaction processing.

Add to watchlist