SatLayer is a restaking protocol that transforms Bitcoin into productive collateral by integrating Babylon Labs shared security service model. It allows users to restake BTC or BTC LSTs to secure decentralized applications, known as Bitcoin Validated Services (BVS), in exchange for rewards.
On August 22nd, 2024, the project announced a successful closure of its $8M Pre-Seed funding round led by Hack VC and Castle Island Ventures.
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SatLayer is a shared security protocol on Babylon that lets users restake wrapped BTC or BTC LSTs to secure decentralized apps (BVSs) in exchange for rewards. With over $300M in TVL, it connects restakers, operators, and developers through slashing-based guarantees and core components like Vaults, Services, and Operators, turning Bitcoin into productive collateral for Web3 security.
On June 16th, 2025, the project reposted the tweet with an airdrop guide from Top SatLayer Yapper, thus confirming its upcoming airdrop.
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