Background & Introduction

Exponential growth and ecosystem explosion are yet to come for #Bitcoin.

Compared to the $52.524b of Ethereum TVL, the most recognized cryptocurrency with the deepest level of consensus in the history - Bitcoin (now siting in around $792.12m) still has a long way to go. With top builder teams from the globe bringing innovations into the Bitcoin ecosystem, we foresee the imminent future that Bitcoin is ready to welcome the BTC Summer and long-lasting iterations and developments.

Bitlayer, the first Bitcoin security-equivalent Layer2 based on BitVM is set to revolutionize the way that use cases are adopted and users onboarded for Bitcoin. With highest-level of security, capability of delivering Turing-completeness, Bitlayer will be the leader of Bitcoin L2s in terms of scalability, interoperability and EVM-compatibility. Built on and supported by Bitlayer, Macaron is the first and native DEX of Bitlayer, proud and excited to welcome the ripeness of Bitcoin eco.