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View ChartSatLayer is a Bitcoin-focused protocol that positions itself as the economic layer for Bitcoin, designed to make BTC a fully programmable asset. Rather than treating Bitcoin as idle gold, SatLayer uses restaking primitives to turn it into an active reserve asset that anchors secure, capital-efficient DeFi and real-world asset systems. The project introduces Bitcoin Validated Services (BVS), a modular security framework that allows decentralized applications and protocols to tap into Bitcoin-backed economic collateral. SLAY is the native token of this ecosystem, with a total and maximum supply of 2,100,000,000 tokens. The project launched in March 2025 and has since attracted significant total value locked, positioning it among the notable Bitcoin restaking initiatives.
SatLayer was founded by Luke Xie, who serves as the project's Co-Founder and CEO. Public records describe him as having previously co-founded Sommelier and Aura Finance, bringing substantial experience in DeFi and blockchain infrastructure to the project. The broader core team composition is not extensively detailed in publicly available materials. The project has attracted backing from leading investors in the industry, raising $8 million in a pre-seed round in August 2024, though specific lead investor names are not enumerated in the available references.
SatLayer operates as a modular security layer built on Bitcoin. Through smart contracts on Babylon, the protocol enables Bitcoin restakers to secure Bitcoin Validated Services (BVS) and earn rewards by staking wrapped Bitcoin or liquid staking tokens. The platform supports staking synthetic BTC assets across multiple networks including Ethereum, Binance Smart Chain, and BitLayer. By leveraging restaking primitives, SatLayer evolves Bitcoin into an active reserve asset that can underpin decentralized applications and protocols. The protocol unlocks onchain primitives ranging from insurance to liquidity float, creating sustainable restaking yields. SatLayer is the exclusive restaking partner of Babylon Labs and also serves as the Bitcoin restaking partner for Sui and Berachain.
SatLayer distinguishes itself through several key attributes. It is the exclusive restaking partner of Babylon Labs, a significant positioning within the Bitcoin restaking landscape. The project introduces Bitcoin Validated Services (BVS), a framework that extends Bitcoin's economic collateral to secure decentralized applications across the broader crypto ecosystem. SatLayer collaborates with top revenue-generating projects to develop use cases such as on-chain insurance and liquidity float, driving real and sustainable yield rather than speculative incentives. Its partnerships with major Layer 1 networks including Babylon, Sui, Berachain, BNB Chain, Bitlayer, and TAC demonstrate strong ecosystem alignment. The project also extends into BTC-linked prediction markets, strategy, and execution, broadening its utility beyond simple staking.
SLAY serves as the native token of the SatLayer ecosystem. The protocol is used to provide Bitcoin-backed economic security for decentralized applications and Bitcoin Validated Services. Users can deposit and stake synthetic BTC assets to secure these services and earn rewards. The ecosystem supports use cases including on-chain insurance, liquidity float, BTC-linked prediction markets, strategy, and execution. Developers use SatLayer's tools to align their projects with Bitcoin's network, ensuring decentralized and secure operations. The token facilitates participation in the modular security layer, enabling restakers to contribute to the security of BVS while earning sustainable yields derived from real revenue-generating activities.
The SatLayer ecosystem is expanding through partnerships with leading Layer 1 and Layer 2 networks. Key partners include Babylon, Sui, Berachain, BNB Chain, Bitlayer, TAC, and BOB. The project also collaborates with BVSDA Avail, LST Bedrock, BVS Stablecoin Bima, BVS Bridging BirdLayer, and BVS Stablecoin CAP. These partnerships span modular base layers, liquid restaking protocols, stablecoins, and bridging solutions. The ecosystem's development focuses on driving real and sustainable yield through on-chain insurance, liquidity float, and other revenue-generating use cases. With $200 million in total value locked and 200 million BTC restaked, the project has established a meaningful presence in the Bitcoin restaking sector.
SatLayer does not use traditional mining. Instead, the protocol employs a restaking mechanism where users deposit and stake synthetic BTC assets across supported networks including Ethereum, Binance Smart Chain, and BitLayer. By restaking wrapped Bitcoin or liquid staking tokens through smart contracts on Babylon, participants secure Bitcoin Validated Services and earn rewards. This restaking model allows Bitcoin holders to put their assets to productive use while contributing to the security of decentralized applications. The rewards are derived from sustainable sources such as insurance and liquidity float, rather than inflationary token emissions alone.
Keeping SLAY tokens safe requires adherence to standard cryptocurrency security practices. Use hardware wallets for long-term storage of significant holdings, and ensure your seed phrase is stored offline in a secure location. When interacting with the SatLayer protocol or any DeFi platform, verify contract addresses through official documentation and avoid clicking on unsolicited links. Enable two-factor authentication on any exchange accounts used for trading. Be aware that the project has received audits from Asymptotic, Coinspect, Dedaub, Salus, and ZELLIC, and holds a CertiK rating of 3.7. Given the relatively low liquidity metrics reported across some platforms, exercise caution when trading and consider using limit orders to manage slippage.
SLAY is a newer cryptocurrency that may be listed on select exchanges. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.
Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
Deposit Funds: Deposit fiat currency via bank transfer, card, or third-party payment, or transfer USDT from an external wallet into your BTCC account.
Start Trading: Go to the trading page and search for the spot trading pair SLAY/USDT or the perpetual contract SLAYUSDT.
Place an Order: Enter the amount of SLAY you wish to purchase and submit the order. For contract trading, you can also choose to go short and adjust the leverage multiplier according to your strategy and risk tolerance.
Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
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Thank you for your interest in BTCC. Currently, spot and futures trading services for SLAY 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 SatLayer (SLAY) is $0.000337. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SLAY to USD rate at the top of BTCC’s price page. In terms of market scope, SatLayer records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $331.890012K. Its current circulating supply stands at 984.07M out of a maximum supply cap of 2.1B.
The price volatility of SatLayer (SLAY) 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 (984.07M) to max supply (2.1B), 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, SatLayer (SLAY) hit an all-time high (ATH) of $0.107331 on 2025-08-11 10:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.00014 on 2026-08-14 01:25. 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 SLAY 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 ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s SLAYUSDT perpetual contracts support two-way trading. If you anticipate a price decline for SatLayer, simply log into your BTCC account with USDT margin available, navigate to the SLAYUSDT 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 SLAYUSDT 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: $0.000337), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for SLAYUSDT with zero financial risk.
Trading SatLayer (SLAY) 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 SLAYUSDT, and review its live price ($0.000337) 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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