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YBTC.B Review 2026: Bitlayer's Wrapped Native BTC

YBTC.B is a wrapped form of Bitlayer's native BTC, built to move Bitcoin liquidity across EVM and non-EVM chains. It has real integrations but a small footprint on Bitlayer itself and a trust-based bridge.

By the DappsAtlas editorial team · Updated

DappsAtlas score

6.2/10

Mixed

Our verdict on YBTC.B

6.2/10

YBTC.B suits BTC holders who want exposure to DeFi on Solana, Avalanche and Bitlayer without selling their Bitcoin, and who accept bridge risk. Its main strength is cross-chain reach backed by an established Bitcoin layer 2 team. The main caveat is trust: the bridge is a federated peg with institutional signers, no audits are listed for this token, and Bitlayer-side TVL is small. Size positions accordingly.

Score breakdown

How YBTC.B scores

Security
5.5/10
Ease of use
6.5/10
Fees
n/a
Features
6.5/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is YBTC.B?

YBTC.B is a wrapped version of Bitlayer's native BTC. Bitlayer is a Bitcoin layer 2 that describes itself as based on the BitVM paradigm. The token is meant to act as a universal cross-chain liquidity standard across EVM and non-EVM chains.

It belongs to the wider YBTC family. Bitlayer's site lists YBTC TVL of more than $3M, daily trading volume of more than $360M and support for over 3K multichain deployments, though the site does not define how these are measured. The tracking data for YBTC.B on Bitlayer shows about $153K in TVL, with no audits listed and no separate token. It has been listed since July 2025.

Public reporting from August 2025 report expansion to Solana, where YBTC.B can be swapped in Orca concentrated liquidity pools, and to an Avalanche vault on Folks Finance. A social post also advertised a campaign of up to 6.6% APY.

How YBTC.B works

A wrapped BTC token stands in for Bitcoin on another network. Users deposit BTC through a bridge, and an equivalent token is issued that can be used in DeFi. Redeeming the token is meant to release BTC again.

Bitlayer describes its YBTC family as a trust-minimized Bitcoin representation. YBTC.B is the wrapped form of Bitlayer's native BTC, intended to serve as a standard across many chains. Public reporting state that Bitlayer's current BTC bridge is a federated two-way peg with institutional signers, with work underway on multiple MPC custody platforms.

Once issued, the token can be used on integrated chains, for example in swap pools or lending vaults. Its value depends on the bridge and custody holding up and on the liquidity available where it trades.

6 features

Key features

01

Wrapped native BTC

YBTC.B represents Bitlayer's native BTC in wrapped form, so it can be held and moved as a token rather than as raw BTC.

02

Cross-chain liquidity standard

The stated goal is a universal liquidity standard that works on both EVM and non-EVM chains.

03

Solana integration

Public reporting report YBTC entering Solana, including swaps in Orca concentrated liquidity pools.

04

Avalanche vault access

A Folks Finance vault on Avalanche is reported to have received more than 50 YBTC deposits as of August 2025.

05

Incentive campaigns

Periodic campaigns have advertised yields of up to 6.6% APY on YBTC.B, though terms vary by campaign.

06

Bridge access

The Bitlayer site lists a bridge and multichain support as part of the YBTC family.

Pros and cons

What we like

  • Targets cross-chain use with presence on EVM and non-EVM chains such as Solana and Avalanche
  • Backed by Bitlayer, a Bitcoin layer 2 that reportedly raised $11M in a Series A in July 2024
  • Active integrations with DeFi venues like Orca and Folks Finance
  • Periodic yield campaigns give holders ways to earn on BTC
  • Bitlayer publishes documentation, a GitHub and security resources

Watch out for

  • Small TVL on the Bitlayer listing, about $153K, so on-chain liquidity there is thin
  • No audits are listed in the tracking data for this specific token
  • Bitlayer's current BTC bridge is described as a federated two-way peg with institutional signers, so it relies on trusted parties
  • Wrapped BTC adds smart-contract, bridge and custody risk that holding native BTC does not
  • The token has no standalone documentation of fees or redemption terms in the sources reviewed
  • Cross-chain expansion means exposure to the risks of each integrated chain and protocol

YBTC.B fees

The sources reviewed do not publish a fee schedule specific to YBTC.B. Costs depend on the route used.

Expect network gas on each chain, plus any bridge or protocol fees on the platforms where YBTC.B is deposited or swapped. These are shown in the relevant app at the time of a transaction.

Is YBTC.B safe?

No audits are listed for YBTC.B in the tracking data. Bitlayer's site links to a security section and a multisig wallet, but the sources reviewed do not detail audit results for this token.

Public reporting describes the BTC bridge as a federated two-way peg with institutional signers, which means users trust the signer set and custody providers. A third-party risk comparison rated the YBTC family at 38/100, though scoring methods differ. Wrapped assets can lose their peg if the bridge or custody fails. Nothing in the sources reviewed describes a hack of YBTC.B.

6 steps

How to get started with YBTC.B

  1. 1

    Read Bitlayer's documentation on the YBTC family and how BTC is deposited and redeemed.

  2. 2

    Set up a wallet that supports the chain you plan to use and add the Bitlayer mainnet if needed.

  3. 3

    Start with a small amount to check bridge and redemption behaviour.

  4. 4

    Check which protocols currently support YBTC.B, such as Solana or Avalanche venues, and read their terms.

  5. 5

    Compare any campaign APY against the risks before locking funds.

  6. 6

    Keep track of the bridge and custody arrangements as they are updated.

Who YBTC.B is for

BTC holders comfortable with wrapped assets who want to earn yield or trade across Solana, Avalanche and Bitlayer. It is a poor fit for anyone who wants minimal custody risk or insists on fully audited, trustless infrastructure.

YBTC.B FAQs

What is YBTC.B?

YBTC.B is a wrapped version of Bitlayer's native BTC. It is designed to work as a cross-chain liquidity standard across both EVM and non-EVM chains, so BTC value can be used in DeFi outside Bitcoin.

How does YBTC.B relate to YBTC?

It is part of Bitlayer's YBTC family and is described as a wrapped version of native BTC on Bitlayer. Public reporting report YBTC reaching Solana through DeFi partners and an Avalanche vault on Folks Finance, both in August 2025.

Is YBTC.B safe?

It is not risk-free. Bitlayer's current BTC bridge is described as a federated two-way peg with institutional signers, and the token also carries smart-contract risk. No audits are listed for it in the tracking data.

Where can YBTC.B be used?

Search snippets mention swaps through Orca's concentrated liquidity pools on Solana, a Folks Finance vault on Avalanche and a promotional campaign advertising up to 6.6% APY. Rates and campaigns change, so check current terms.

Does YBTC.B have its own token?

No. The tracking data lists no token for YBTC.B. It is a representation of BTC, not a governance or reward token.

What does it cost to use YBTC.B?

The sources reviewed do not publish a fee schedule for YBTC.B. Users would pay network gas on each chain plus any fees charged by the bridge or DeFi protocol they use.

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How we checked

Sources

  1. 1.defillama.com/protocol/ybtc.b

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