BTCfi: Bitcoin Meets Sui
The third edition of The Sui Sync dug into one of the hottest narratives in crypto right now: BTCfi – unlocking Bitcoin liquidity and making it productive in DeFi. With over $2.2 trillion in BTC market cap and most of it sitting idle, builders are racing to bring Bitcoin utility to faster, scalable ecosystems like Sui.
Key Themes & Highlights
- Unlocking Bitcoin Without Wrapping
Projects like Ika and Native are building trust-minimized ways to use Bitcoin on Sui without relying on wrapped or synthetic tokens. Through advanced MPC (multi-party computation) and cryptography, users can keep BTC on-chain while still accessing yield and lending opportunities. - NBTC & Seamless Yield
Native showcased their upcoming NBTC product – a synthetic Bitcoin minted in a fully permissionless way. With a single click, users will soon be able to put Bitcoin to work across Sui protocols, earning yield directly on-chain. - Infrastructure for Bitcoin DeFi
Arch Network is tackling the UTXO challenge head-on, building a new VM designed to handle Bitcoin’s architecture and enable AMMs, lending, and other DeFi functions natively. This bridges the gap between BTC’s conservative design and Sui’s high-speed environment. - Atomic Swaps & Speed
Garden Finance has processed over $2B in Bitcoin swaps, using atomic swaps to provide instant, low-cost finality. Their work highlights how Bitcoin’s speed limitations can be overcome when paired with Sui’s fast execution. - Deep Liquidity & Programmability
Merlin Chain has already bridged $32B+ in BTC liquidity, unlocking staking, lending, and programmable Bitcoin assets. With Sui’s developer-friendly infra, they’re ensuring BTC doesn’t just sit idle, but becomes composable and yield-generating. - Economic Layers for Bitcoin
SatLayer is building BTC-backed services like insurance, stablecoins, and RWA collateral – turning Bitcoin into a productive base layer for new financial products. - Aggregators Driving Access
Sats Terminal and Midl are bringing aggregation tools and lending protocols that simplify BTC DeFi, making liquidity and opportunities accessible in a single interface.
Takeaway
BTCfi is no longer just an idea – it’s happening now. From atomic swaps to trust-minimized collateralization, from RWAs to yield protocols, Bitcoin is finding its home on Sui. Together, these innovations are transforming BTC from a passive store of value into an active player in DeFi.
At Tokeo, we’re proud to be part of this movement. By integrating with projects like Ika, Native, Garden, and Sat’s Terminal, we make it simple for users to manage and grow Bitcoin alongside other assets – all in one smart wallet.
If you missed the live Space, you can listen back here:
🔗 https://x.com/i/spaces/1lPKqvaPrYYGb