Binance Launches Bitlayer Booster Program with 5.7 Million BTR

Binance Wallet launched the Bitlayer Booster Program on July 24, 2025, allocating 30 million BTR tokens to incentivize participation among users with at least 61 Alpha Points.

This initiative highlights Binance’s strategic push into DeFi on Bitcoin, using Bitlayer’s technology to enhance ecosystem growth and user engagement.

Binance Introduces 30 Million BTR in Initial Phase

The Bitlayer Booster Program introduces a total of 30 million BTR tokens, equivalent to 3% of its supply. This initial phase targets users holding 61 or more Binance Alpha Points within their wallets. The program aims to leverage Bitcoin’s Layer 2 using BitVM to enhance decentralized finance activities.

As of now, the event does not immediately list the BTR tokens publicly, awaiting a token generation event (TGE). Participants anticipate future liquidity as the project matures, offering early engagement opportunities and highlighting cryptocurrency community interest in Bitcoin-based smart contracts.

“Binance is excited to launch two exclusive events for Bitlayer… Booster Program: Share 30,000,000 BTR in airdrops by completing phased tasks and supporting the project during its early development phase.” – Binance Official Announcement

Bitcoin Layer 2 Integration Boosts DeFi Prospects

Did you know? Many early-stage protocols, similar to Bitlayer, initiate token vesting events like the Bitlayer Booster to engage early users. This strategy often mimics successful rollouts seen with Arbitrum and zkSync.

CoinMarketCap reports Bitrue Coin’s current price at $0.04, with a market cap of $4,923,037.56. Recent trading shows a 24-hour volume of $860,319.21, reflecting a 6.93% decrease. Price changes indicate a 1.79% drop over 24 hours but a 10.45% increase spanning 90 days. The circulating supply stands at 131,421,228 units.

Coincu’s research team assesses that the integration of smart contracts through Bitcoin Layer 2, as seen with Bitlayer, could facilitate decentralized finance growth despite the absence of BTC or ETH within this event. An expansion of BTC-based DeFi is anticipated upon broad ecosystem adoption.