ChainCatcher reports that, according to official sources, the native Bitcoin DeFi protocol Brotocol has officially launched, aiming to promote "BTCFi" (Bitcoin ecosystem DeFi) by building cross-chain infrastructure, trading, and payment tools. Reportedly, Brotocol positions Bitcoin as the core asset of DeFi, emphasizing global liquidity connection through native cross-chain solutions without relying on Ethereum architecture.
Core functional modules include:
BroBridge (Cross-chain Bridge)
Supports users transferring stablecoins (such as USDC) from chains like Arbitrum and Solana into the Bitcoin network, and can stake assets through the Babylon protocol to maintain Bitcoin's properties as a base financial account.BroSwap (On-chain Trading, Public Beta Open)
Allows users to directly exchange tokens within Bitcoin wallets (like Xverse), supporting asset swaps between BTC and assets such as USDT, SOL, ETH, and MEME tokens, without managing multiple chain wallets.BroPay (Payment Gateway)
Non-Bitcoin users can pay merchants using ETH, SOL, or USDT, with backend automatic conversion to native BTC settlement, lowering the usage threshold of the Bitcoin ecosystem.
Brotocol plans to build a unified ecosystem through multi-chain project collaborations, currently integrating USDT and Taproot assets with Joltz, connecting Bitcoin Lightning Network, Liquid sidechain, and DeFi protocols. Its long-term goal is to provide seamless Bitcoin financial infrastructure for developers, users, and merchants.
The project team states that introducing stablecoins on the Bitcoin chain may trigger a "BTCFi Summer", driving users to manage BTC and stablecoins through a single Bitcoin wallet and participate in DeFi applications. More technical details can be found in their official Medium article.
