InterlayINTR

Bitcoin DeFi protocol

$0.002412

+2.98%

Interlay | Bitcoin DeFi

@Interlay | Bitcoin DeFi

Followers29.86 K

Following284

Influence Index396

Details

24h High$0.002414

24h Turnover$76.53K

All-Time High(ATH)$0.2005

All-Time Low (ATL)$0.002111

+22.99%

$554.73K

24h Low$0.002303

$2.41M

229.98M INTR

1.00B INTR

∞

Market SentimentPositive

Supported Exchanges

Decrypt 2023-08-29

Blockchain Project Interlay Wants its New Platform to Become a ‘One-Stop-Shop for Bitcoin DeFi’

Coindesk 2023-07-05

New Interlay Whitepaper Proposes Expansion to Bitcoin DeFi Hub

Medium 2023-02-14

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About Interlay

Founded

2020

Ecosystem

Polkadot

Community

Tags

Infra

Layer1

Bitcoin Ecosystem

Interlay is building its flagship product, "InterBTC," a fully collateralized one-to-one Bitcoin-backed asset that enables interoperability between multiple blockchain ecosystems while preserving Bitcoin's censorship-resistant nature. Interlay v2 proposes introducing native DeFi functionality to the network: a decentralized AMM-based exchange (Uniswap v2 model and Curve Stableswap) paired with a liquidity protocol for BTC borrowing and lending (Compound v2 model). By creating markets catering to Bitcoin holders and building deep liquidity in these protocols, Interlay will enable easy, one-click access to Bitcoin-centered DeFi use cases, ranging from simple passive liquidity provision to tailored long/short leverage positions.