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View ChartBitlayer is a Bitcoin Layer 2 solution designed to bring scalable smart contract functionality to the Bitcoin ecosystem. It focuses on enabling a full-stack decentralized finance (DeFi) and application ecosystem. Bitlayer describes itself as "The First Bitcoin Layer 2 Based on the BitVM Paradigm." Bitlayer's technical whitepaper, "Bitlayer: A Bitcoin Computational Layer Architecture Based on the BitVM Paradigm" by the Bitlayer Research Group, is dated April 5, 2024.
Bitlayer is a Bitcoin Layer 2 network that enables smart contracts and decentralized applications (dApps) on Bitcoin. It utilizes a unique "Bitcoin Virtual Machine" (BitVM) approach for secure verification of off-chain computations. The BTR token is the native utility token of the Bitlayer network, used for ecosystem incentives and governance. Bitlayer aims to solve Bitcoin's scalability limitations while anchoring its security to Bitcoin. You can trade BTR via spot and futures contracts on major exchanges.
| Item | Details |
|---|---|
| Name (Ticker) | Bitlayer (BTR) |
| Alternative Names | - |
| Consensus Mechanism | Proof-of-Stake (PoS) |
| Smart Contracts | Yes, via BitVM and EVM-compatible execution layer |
| Category | Bitcoin Layer 2 / Scaling Solution |
| Hash Algorithm | - |
| Block Reward | - |
| Total Supply | 1,000,000,000 BTR |
| Max Supply | 1,000,000,000 BTR |
| Circulating Supply | ≈261.6M BTR (about 26.2% of total supply, per app.tokenomics.com); figures vary by source and date |
| Throughput | Processes transactions off-chain in batches before settling to Bitcoin (no independently verified TPS figure published) |
| Scaling Solution | Layer 2 (L2) using optimistic rollups and BitVM for verification |
| Blockchain | Bitlayer (Bitcoin L2) |
Bitlayer was founded in October 2023 by co-founders Kevin He and Charlie Hu, and is headquartered in Singapore. Bitlayer has raised about $25M; named investors include Franklin Templeton Investments, ABCDE and Framework Ventures. The team comprises experts in cryptography, blockchain engineering, and decentralized systems. Their vision is to build a secure, scalable, and developer-friendly Layer 2 that unlocks Bitcoin's potential as a foundational settlement layer for a broader Web3 economy. The project operates under a decentralized governance model, with the BTR token playing a central role in its future development.
Bitlayer operates as a separate blockchain that settles its final state back to the Bitcoin base layer. Its core innovation lies in its two-tier verification system:
Bitlayer combines BitVM-style smart contracts with zero-knowledge proofs to achieve finality on Bitcoin. This architecture allows Bitlayer to offer fast and cheap transactions for users while maintaining a strong cryptographic link to Bitcoin's security.
Bitlayer stands out in the growing Bitcoin L2 landscape due to its focus on several key principles:
The BTR token is the lifeblood of the Bitlayer ecosystem, with several critical utilities:
BTR is listed on several exchanges. To acquire it, set up a wallet that supports BTR, obtain BTC or USDT, and use a reputable spot venue to trade for BTR. Before transferring or trading, verify the BTR contract address against the official listing.
BTR has shown extreme volatility. In August 2026 it rose about 169% in a day with no clear catalyst, which highlighted thin liquidity. The Bitcoin Layer 2 sector is highly competitive, and BitVM-based security remains a design goal rather than a proven guarantee. Prices fluctuate with the market, regulatory policy may change, and technical risks remain.
This article is for reference only and does not constitute investment advice.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for BTR 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 Bitlayer (BTR) is $0.043434. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BTR to USD rate at the top of BTCC’s price page. In terms of market scope, Bitlayer records a 24h trading volume of $1.459523M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $14.428275M. Its current circulating supply stands at 333.29M out of a maximum supply cap of 1B.
The price volatility of Bitlayer (BTR) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (333.29M) to max supply (1B), 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, Bitlayer (BTR) hit an all-time high (ATH) of $0.237119 on 2026-02-15 05:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.015857 on 2026-07-18 15:40. 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 BTR 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 ($1.459523M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BTRUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Bitlayer, simply log into your BTCC account with USDT margin available, navigate to the BTRUSDT 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 BTRUSDT 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: $0.043434), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BTRUSDT with zero financial risk.
Trading Bitlayer (BTR) 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 BTRUSDT, and review its live price ($0.043434) 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.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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