Sway Foundation has open Plans to integrate SBTC and operate an auditor on the stack network.
This SUI strategic step will be placed as a main axis of decentralized financing in Bitcoin in the Bitco Class (DEFI).
Bitcoin Dam in high -performance Defi
By merging SBTC, SUI will present one of the bitcoin -backed assets, which enable BTC holders to participate in Defi without relying on the central guardian.
This integration takes advantage of the decentralized SBTC design from the stack, which is a Layer-2 solution that brings smart nodes to Bitcoin.
With SBTC on SUI, their BTC publishing holders in the generation applications can be used while maintaining unreliable safety in Bitcoin.
The architecture based on organisms and processing the highly productive parallel transactions will provide the scope of these new BTCFi use cases efficiently.
In 2024, Bitco DEFI protocols closed more than $ 6.5 billion of capital, confirming the increasing demand for BTC facilities in the series.
By moving to SUI, the total closed value in Blockchain (TVL) increased by 50 % last month, reaching $ 1.8 billion, indicating the adoption of the accelerated network.
It is worth noting that more than 10 % of Sui TVL comes from Bitcoin and Bitcoin derived assets, indicating a strong traction of BTC integration.
Besides the assets derived from Bitcoin and Bitcoin, SUI flows to SUI reached the highest level at all times $ 888 million from May 1, which enhances the increasing liquidity of the network.
The data on the series shows approximately 29 % of the outputs of ETHEREUM, which was brought through Wormhole, which has partnered with Mercado Bitcoin, to SUI last year.
$ sui 29 % of the ETHEREUM outflows have received over the past 365 days (worm hole bridge).
These standards highlight the increasing role of SUI as a developed implementation layer for various Defi applications.
Expanding the infrastructure of the Corporation Class Class
The SUI Foundation will be used for the slum of the stack, its collaboration with the Bitcoin ecosystem at the protocol level.
The auditor’s participation confirms this Sui’s commitment to support the basic safety of Bitcoin with the enabled new financial alternatives.
“For a very long time, BTC has been dealt with as a negative asset; SBTC on SUI means that my holders can gain the return, participate in Defi, and to stay faithful to the unreliable bitcoin ethics-all on SUI, which is Blockchain has been built for performance and size,” said Adeni Abiudon, co-founder of Musten Labs.
The Foundation’s interest is more evident by the launch of the Grayscale for SUI TRUST, which gives accredited investors exposure to Sui symbols.
It enabled a partnership with XPortal and XMneyy using SUI all over Europe via a virtual card that supports MasterCard, and expand the round options.
Earlier this year, SUI partnered with Babylon, Lombard Finance and Cubist to expand BTCFI and developers ecosystem.
Stereer, a leading platform in bitcoin recovery, has also joined SUI to enhance liquidity and security of BTC origin.
This cooperation emphasizes the SUI strategy of strengthening a vibrant network of institutional partners and developers.
With $ 1.66 trillion bitcoin access to sleeping capital, SUI can direct large liquidity to a high -performance infrastructure.
SUI developers will be able to access BTC liquidity through the decentralized origin that is in line with the basic bitcoin principles.
The SUI’s motion -based programming environment and the design of the first assets of Trainable and features and features.
“SBTC is the safest and most central path to make Bitcoin one of the productive assets”, praised and adopted SUI technology.
As SUI continues to rank among the top 10 chains by TVL and TOP 6 in the monthly DeX size, its Defi ecological system is preparing for more growth.
By combining the SUI’s decentralized nursery and the SUI, institutional and retail participants can open new BTCFI opportunities.
This integration is an important landmark in the SUI road map to support the full Bitcoin Defi staple.
With SBTC Live on Sui in the coming months, the network stands ready to redefine how Bitcoin is used in decentralized financing.
Defi financial institutions and developers will closely monitor SUI with their infrastructure to meet the demands of the mature Bitcoin Defi Market.
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