xBTC price

Simple rule, I see @satlayer bonus with @Lombard_Finance LBTC on @SuiNetwork's @bluefinapp than I do it. Wow, more Yummy Satlayer bonus rewards! New LP Bonus from @bluefinapp on Satlayer with LBTC & xBTC.

word on the streets of BTCity @satlayer there’s a new stall open in the Grand Bazaar. @bluefinapp is now live with xBTC-satxBTC and LBTC-satLBTC pools, welcoming all BTC-native explorers. early LPs get boosted $BLUE APR plus sats² rewards, but only for a limited time. the bitcoin economy just got a little deeper.

Recently, there's a rare opportunity that I personally have high hopes for. Everyone, please check out the shining debut 🔥 @SatLayer teaming up with Sui to kick off the xBTC deposit frenzy! 💥 🗓️ July 9 - October 1 Hey there! Crypto big shots, are you ready to get your Bitcoin "moving"? 💃 Deposit xBTC through SatLayer and instantly unlock the wealth code of the BTCfi ecosystem! 🌟 Not only can you enjoy 3x Sats² rewards, but you can also snag a dynamic APY of up to 60K! 😎 This move is simply the "Hermès of passive income," allowing you to earn stable passive income without the hassle of weekly liquidity management! 🍽️ Want to turn your BTC from the "cold palace" into the star of the DeFi stage? 🌟 This collaboration between SatLayer and Sui is tailor-made for lazy investors, a "wealth express train"! 🚀 Get on board, don’t let your Bitcoin keep "sleeping"; rush to SatLayer now and join this wealth party sweeping BTCfi! 🎉 Don’t cry if you miss out~ 😜 📌 Hurry up to check the details, connect your wallet, deposit xBTC, and start your "crypto peak life"! 💪 #BTC #KAITO #Yappers

Advanced Blockchain: What are #Canonical Tokens? Canonical means "Primary" or "original". Often used to denote the "true" or unaltered source, as opposed to derivatives or copies. In the current blockchain ecosystem there are many representations of tokens on a native blockchain, on another proxy blockchain, but not as Canonical Tokens but as "proxies" or "derivatives" with centralized backing value. These are unregistered "security contracts" and have risk you may not be aware of. Non Canonical versions of an asset introduce risk, serious risk. Risk includes counterfeiting, centralization and risk of theft. In fact, Non Canonical Tokens are the biggest risk in our blockchain ecosystem. In blockchain we call these "proxy" tokens, Permissioned tokens because their value is determined by the "security agreement" or "backing" reserve, which is controlled by humans, not cryptographic computer code which is the whole point of blockchain in the first place. Example: The most prolific form of Non-Canonical Assets are all the versions of Bitcoin off the Bitcoin blockchain. Why is there such an effort to represent Bitcoin on other networks? To tap into its liquidity. To make it usable. Remember Bitcoin is very simplistic by design and has no execution layer, is slow, and has no computation element, and cannot support decentralized finance. The core use case of Bitcoin is as a value store or as collateral. To make it usable, spendable, and available on other networks which have execution layers and programmatic features and ecosystems of decentralized finance (financial tools), entities and other proxy blockchain projects have tried to Canonicalize Bitcoin in various ways, but have implemented this is Non Canonicalized ways, which you probably are unaware of because they have not disclosed this because regulation was not clear. This changes with the US Clarity Act which will pass into law soon. Centrally Bridged examples of Non-Canonical assets. Centrally Bridged assets are the worst form of Non Canonicalization. This is when a totally separate derivative asset is created out of thin air on the other proxy blockchain and is "backed" logically by a "trust me bro" reserve of native assets in wallets on the native blockchain. Examples: WBTC, cbBTC, xBTC etc. These assets are not Bitcoin. They are counterfeit and are not Canonical in any way. They pose the largest risk in our industry. Why? Because they have no intrinsic value. Their value is logically derived from a "security contract" with the issuer, it is in the hands of humans, (which we know we can never trust, that's why blockchain was invented because humans can't be trusted) Examples: Every asset on Hyperliquid except the native HYPE token. Hyperliquid uses Non-Canonical bridged assets for all of its representations of assets it supports in its trading platform. Bridged BTC, ETH, SOL, everything tradable on Hyperliquid is Non-Canonical. Examples: Ethereum Layer 2s Like Hyperliquid, all Ethereum Layer 2 sequencers have Non-Canonical versions of "proxy" assets they use in their ecosystem platforms. Now understand, none of these are disclosed as "securities" but they are 100% securities. The supply of the Non Canonical tokens on one chain is "backed" by a reserve of native tokens on the originating blockchain. This "backing" is a security and must be disclosed. Now let's talk about true Canonical Assets in the blockchain ecosystem. There are projects that have taken the time and solved the technical engineering challenge of building true Canonical Assets across blockchains. This means the asset on the proxy blockchain IS THE ACTUAL asset on the native blockchain. When you hold or use the token on one blockchain, it is the actual token on the originating native blockchain, it is not a security. In blockchain we call this Permissionless. Examples of Canonical Tokens in 2025. Examples: Zeus Network Layer on @solana - Zeus has built an infrastructure layer allowing assets from any blockchain to be Canonical on Solana through code. Their zBTC spl-20 token is actual Bitcoin, it is not a proxy security like cbBTC. They are extending their infrastructure to support many other assets for use on Solana. @ZeusNetworkHQ Examples: IKA on @SuiNetwork has built an MPC layer allowing tokens from native blockchains to be used on other blockchains without moving them. This means when you interact with the asset on one chain, their infrastructure is coordinating the transaction to the originating native blockchain without requiring it to move or to give up custody. @ikadotxyz As we see the technology is progressing. There are already functioning solutions to Canonical Tokens and in the near future legacy Non Canonical Tokens which involve a "security contract" via a bridge will be regulated as securities which they are. It is important to understand this. Learn to differentiate Canonical and Non Canonical Tokens. Understand the risks associated with holding and using Non Canonical Tokens going forward and explore using the Canonical versions of Bitcoin which exist today instead of the Non Canonical versions. @DavidSacks @SenLummis @BoHines

Bluefin is now live on @satlayer 👀 As btc based defi continues to expand, Bluefin has joined the ecosystem with new liquidity pools: xBTC/satxBTC and LBTC/satLBTC both now open to everyone. What does this mean? If you hold xBTC or LBTC, you can pair them with satxBTC or satLBTC and provide liquidity. In return, you’ll earn yield directly on Bluefin plus additional Sats rewards through SatLayer. These pools are live for a limited time with bonus incentives, making it a great opportunity to get in early and support the btcfi economy. The Bluefin x SatLayer integration marks an important step in building decentralized, btc native liquidity, no bridges, no wrapping, no custodians. Simple, secure, and sovereign, just the way Bitcoin was meant to be.