Botanix mainnet launch delivers the first fully decentralized EVM Layer 2 for Bitcoin. Spiderchain architecture with trust-minimized BTC bridge, 5 sec blocks at $0.02 fees.
KEY TOKENOMICS
50% of all gas fees flow to native BTC stakers. No wrapping needed.
TRACTION DATA
26M testnet txs pre launch
5,000+ users first 72h
GMX, Dolomite, USDC/USDT bridges live
OKX Wallet integration (50M+ installs)
MARKET CONTEXT
ETF inflows hit 50K BTC monthly (~$5.5B)
1.3M BTC now locked in corporate/ETF vaults
Fee market impact unclear. Bridge risk remains the primary concern despite the FROST DKG federation model.