Sui continues to lay the foundation for the most complete Bitcoin DeFi ecosystem in crypto. The leading Layer 1 network will support sBTC in the coming months, the one-to-one bitcoin-backed asset from Stacks, a leading Bitcoin Layer 2 network. This integration will enable holders to deploy their BTC into decentralized finance by tapping into Sui’s scalable, composable infrastructure without relying on centralized custodians. Sui Foundation will also operate a validator on the Stacks network.

By bringing sBTC to Sui, Bitcoin’s $1.6 trillion in liquidity will gain access to new onchain opportunities that preserve the asset’s native security while unlocking DeFi use cases like lending, borrowing, and trading.

“For too long, BTC has been treated as a passive asset,” said Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Lab, the original contributor to Sui. “sBTC on Sui means holders can earn yield, participate in DeFi, and stay true to Bitcoin’s trustless ethos—all on Sui, a blockchain built for performance and scale.”

Scaling BTCfi on the only blockchain built for mass adoption

The demand for Bitcoin-based DeFi is growing rapidly. By the end of 2024, Bitcoin DeFi protocols reached $6.5 billion in total value locked (TVL). 

Bitcoin’s intentionally conservative architecture has historically limited native DeFi, but layer-2 solutions like Stacks are expanding its utility by enabling smart contracts and decentralized applications without altering Bitcoin’s core protocol. With Stacks, Bitcoin holders can put their BTC to work through lending, swapping, and liquid staking—all secured by the Bitcoin network.

Meanwhile, next-gen layer-1 blockchains such as Sui offer high throughput and scalability for DeFi and other use cases. Sui’s high-performance blockchain supports a rapidly growing DeFi ecosystem, including decentralized exchanges (DEXs), lending, and liquid staking, powered by its object-based architecture and parallel execution for fast, low-cost transactions. 

With this utility now on Sui, holders can repurpose their BTC and tap into Sui’s flourishing DeFi ecosystem, known for its fast, low-cost, and high-performance infrastructure. Sui’s parallelized execution and object-centric design based on the Move programming language make it the ideal home for BTC-backed assets.

Already among the top 10 chains by TVL and in the top 6 in monthly DEX volume, Sui’s DeFi ecosystem is booming with opportunities for Bitcoin DeFi. In fact, over 10% of Sui’s total TVL is in BTC and Bitcoin-derived assets, mere months after BTC bridging and staking became available on the network.

“sBTC is the safest, most decentralized path to making Bitcoin a productive asset,” said Muneeb Ali, Founder of Stacks. “Sui’s DeFi growth and powerful underlying technology make it a natural destination for sBTC. We’re excited to expand BTCfi to a top ecosystem that stands out for its utility and rate of adoption.”

Expanding Bitcoin’s utility

The upcoming sBTC integration builds on Sui’s momentum in Bitcoin DeFi. Earlier this year, Sui expanded BTCfi partnerships with Babylon, Lombard Finance, and Cubist, and welcomed SatLayer, a leading Bitcoin restaking platform.

With sBTC, developers gain access to Bitcoin liquidity through a decentralized asset that aligns with Bitcoin’s native principles. And Sui’s high-speed, asset-first design enables developers to build more composable applications with rich asset behavior that is all backed by secure infrastructure.

Stay tuned for the launch of sBTC on Sui, and learn more here.

Author

Sui Foundation

High-performance blockchain delivering the full stack for a new global economy.

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