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View ChartBitcoin Virtual Machine (BVM) is a modular blockchain metaprotocol designed to let users launch their own Bitcoin Layer 2 (L2) blockchain protocol in just a few clicks. It describes itself as one of the earlier modular metaprotocols for launching Bitcoin L2 networks in a few clicks. It integrates Bitcoin as a core component of a multi-chain ecosystem. The project aims to address Bitcoin's well-known scalability constraints and its limited native smart contract capability by providing a flexible framework for developers and enterprises to build scalable, secure blockchain applications on top of Bitcoin.
BVM is EVM-compatible, meaning it can run Ethereum-based applications and smart contracts. This allows developers to deploy a wide array of decentralised applications (dApps) while leveraging Bitcoin's robust security model. The project launched on 29 January 2024 and was listed on CoinMarketCap on 12 March 2024. Its native token, BVM, has a total supply of 100,000,000 tokens and a circulating supply reported at approximately 24,818,920 BVM. BVM is listed under categories including DeFi, BRC-20, Platform, and Smart Contract Platforms.
According to CoinMarketCap (as of 23 October 2026), total supply is 100,000,000 BVM and circulating supply is 24,818,920 BVM. Fully diluted valuation is shown on the live price page and changes with market conditions.
The founders of BVM include the pseudonymous figure punk3700 and a team dedicated to advancing the L2 protocol on Bitcoin. This team is also referenced in relation to the project's ongoing development. Beyond this, detailed public information about the core team is currently limited.
It is important to distinguish BVM the project from the broader BitVM framework. In October 2023, developer Robin Linus released a whitepaper describing a computing paradigm called BitVM; he is the author of the BitVM proposal, not the founder of the BVM token project. The proposal set out to bring smart contract capabilities and Turing completeness to Bitcoin without changing its consensus rules. BVM draws on this related technical context, and the BVM project is presented as the execution layer that lets TuringBitChain express programmable logic directly on the UTXO model.
BVM operates as a modular metaprotocol that enables the creation of custom Bitcoin L2 networks. Its architecture is rooted in the Bitcoin Virtual Machine, an EVM-compatible platform that can run Ethereum-based applications and smart contracts seamlessly. This compatibility lets developers build dApps and products on the Bitcoin network while benefiting from Bitcoin's established security and widespread adoption.
The project provides a comprehensive development platform that includes over 30 products and services tailored for developers, supporting the creation of L2 networks on Bitcoin. These L2 solutions are secondary frameworks built on top of the primary blockchain. They are designed to enable faster transactions and lower fees without compromising the security of the underlying Bitcoin chain. Security is addressed by integrating Bitcoin as a core component of the multi-chain ecosystem, leveraging its proven security model.
The related BitVM framework breaks a program into small logic gates, or a circuit, and verifies computations off-chain rather than executing them directly on the blockchain. It relies on fraud proofs and a system of paired parties—a prover and a verifier—who challenge and respond to each other, with economic incentives keeping the system honest. This design relies on features introduced in Bitcoin's Taproot upgrade. This two-party design has limitations, including significant hardware and financial requirements for off-chain computing, and it is not built for broader network-based computations.
BVM's primary differentiator is its modular approach to launching Bitcoin L2 networks in a few clicks, which lowers the barrier for developers and enterprises to build on Bitcoin. By combining EVM compatibility with Bitcoin integration, it offers a bridge between Ethereum-style smart contract functionality and Bitcoin's security and adoption.
The platform's developer-focused toolkit, spanning more than 30 products and services, supports a wide range of applications from DeFi to NFTs, making it a versatile environment for blockchain innovation. Its modularity is intended to improve transaction throughput and reduce congestion on the main Bitcoin chain, addressing a core limitation of Bitcoin's base layer.
At the same time, the project is at an early stage. BitVM-related technology is still being developed, and the two-party model and off-chain computing requirements remain barriers to broader adoption. Market data across sources shows significant divergence and volatility, and the argument against non-financial transactions such as inscriptions remains a heated topic within the Bitcoin community.
The BVM token sits at the centre of a multi-chain ecosystem that supports decentralised finance (DeFi), non-fungible tokens (NFTs), and a broad range of blockchain applications. The platform is used to launch custom Bitcoin L2 blockchain protocols, giving developers and enterprises a framework for building scalable and secure applications on Bitcoin.
BVM's EVM compatibility means developers can create Ethereum-based dApps and products on the Bitcoin network, extending functionality beyond Bitcoin's native scripting limits. The development platform provides tools for builders to push the boundaries of what is possible on Bitcoin, and the project is actively promoted and discussed on social platforms where the BVM network shares updates and engages with its community.
The BVM ecosystem supports applications ranging from DeFi to NFTs, along with the creation of L2 networks on Bitcoin and a developer platform of over 30 products and services. Related projects include IBVM (International Bitcoin Virtual Machine), described as a ZK-Rollup Layer 2 built on Bitcoin, and TuringBitChain (TBC), where BVM is presented as the execution layer enabling programmable logic on the UTXO model.
Coverage of BVM spans CoinDesk (March 2024), Fidelity Digital Assets (July 2024), Bit2Me Academy (October 2024) and TuringBitChain TBC Academy (June 2026), reflecting sustained but early-stage interest. The project shares updates through its X account, @BVMnetwork.
BVM is an ERC-20 token issued on Ethereum, so it is not mined. New tokens enter circulation through the project's own issuance and distribution arrangements rather than proof-of-work; holders acquire BVM on secondary markets.
Because BVM operates as part of a Bitcoin L2 ecosystem, any future participation mechanisms would likely relate to network usage, development, or ecosystem incentives rather than conventional mining. Prospective participants should verify current details through the project's official channels before taking action.
BVM is an Ethereum-based token with a contract address on Etherscan, so standard EVM security practices apply. Store your tokens in a reputable self-custody wallet that supports Ethereum-based assets, and always verify the official contract address before interacting with any token or dApp.
Keep your seed phrase and private keys private and do not share them with anyone you do not trust. Be cautious of phishing links, fake airdrops, and impersonation accounts, especially given the project's early stage and its promotion of airdrops. Use hardware wallets for significant holdings, double-check URLs before connecting your wallet, and review token approvals regularly. BVM is an early-stage asset with limited liquidity and significant price volatility, so treat it as a high-risk asset and only commit funds you can afford to lose.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for BVM are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Bitcoin Virtual Machine (BVM) is A$0.006842. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BVM to USD rate at the top of BTCC’s price page. In terms of market scope, Bitcoin Virtual Machine records a 24h trading volume of A$0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of A$169.80694K. Its current circulating supply stands at 24.82M out of a maximum supply cap of ∞.
The price volatility of Bitcoin Virtual Machine (BVM) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Reserve Bank of Australia (RBA) or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (24.82M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Bitcoin Virtual Machine (BVM) hit an all-time high (ATH) of A$9.854706 on 2024-04-18 17:25, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at A$0.002886 on 2025-11-28 10:40. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading BVM futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (A$0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BVMUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Bitcoin Virtual Machine, simply log into your BTCC account with USDT margin available, navigate to the BVMUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for BVMUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: A$0.006842), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for BVMUSDT with zero financial risk.
Trading Bitcoin Virtual Machine (BVM) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BVMUSDT, and review its live price (A$0.006842) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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