Solana DeFi Breakthrough: Bitcoin Asset Liquidity Surpasses 800 Million, New Progress in Ecosystem Integration

LiquiditySurfer · 2026-01-21T18:00:12+00:00

The institutional-level $FBTC asset launched by Function is now available on Solana, with each token equivalent to BTC, demonstrating Bitcoin's gradual integration into DeFi. Through collaborations with Orca and Kamino, an additional $500 million in liquidity has been added, allowing users to perform various operations. Bitcoin liquidity on the Solana chain has exceeded 9114 BTC, reflecting Bitcoin holders' interest in DeFi and indicating market maturity.

LiquiditySurfer

2026-01-21 18:00:12

Abstract generation in progress

【Crypto World】A new member has joined the Bitcoin ecosystem on Solana. The institutional-grade $FBTC asset launched by Function is now live, with each token backed by an equivalent amount of BTC—1:1 full peg, with the reserve address publicly verifiable. It may seem like a small event, but what does it actually reflect? Bitcoin is gradually moving from a simple store of value to being integrated into the veins of DeFi.

The highlight of this launch is ecosystem integration—collaborating with Orca for low-slippage trading and partnering with Kamino for lending. This alone has brought $500 million in stablecoin liquidity. In other words, users now have more ways to play: trading, lending, mining—all parts of the ecosystem are running smoothly.

Data confirms this trend: Bitcoin liquidity on the Solana chain has already surpassed 9114 BTC, worth over $800 million RMB. This is not a small number. It indicates that more and more Bitcoin holders are directing their assets into these DeFi protocols in pursuit of higher capital efficiency. Solana’s Bitcoin DeFi market is moving from the exploration stage toward maturity.

SOL4,16%

BTC1,76%

ORCA3,89%

KMNO0,6%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

6 Likes

Reward
6
6
Repost
Share

Comment

0/400

TokenomicsPolice

· 4h ago

The SOL ecosystem is really bloodsucking crazily; even BTC is no longer comfortable staying on the main chain. Over 9,000 BTC moved to the SOL chain? That’s truly desperate. $500 million in liquidity sounds impressive, but how effective is it really at resisting sell-offs? The lending and mining schemes are all the same old tricks; in the end, players still get cut.

View OriginalReply0

NftRegretMachine

· 4h ago

They're at it again, fooling new investors. This time, the packaging looks really good. Damn, it's another ecosystem integration and liquidity. 9114 BTC can be hyped up to 800 million? Wake up, everyone. Why is the name "Function" so insecure... Can you trust it just because reserves are publicly verifiable? The Solana ecosystem is indeed gaining momentum, but it all feels like just on paper. Is it really good to have Grandpa BTC integrated into DeFi? I don't believe it.

View OriginalReply0

governance_ghost

· 4h ago

Entering DeFi with BTC is indeed the trend, but are 9114 coins really enough... Feels still too few --- I think Solana's combo punch is promising, low slippage + lending one-stop shop, just not sure how they control the risks --- $500 million in liquidity sounds attractive, but compared to Ethereum's DeFi scale, it's still a little brother --- 1:1 peg sounds great, but I'm worried about de-pegging someday... Is the Function organization reliable? --- This wave of ecosystem integration really shows that Bitcoin is finally not just sitting there appreciating in value --- Wait, can reserve addresses really be publicly checked? If transparency can be guaranteed, the bullish space is still large --- Basically, it's about making BTC move. It used to sleep in cold wallets all day, now there's lending gameplay

View OriginalReply0

GateUser-74b10196

· 4h ago

9114 BTC locked on Solana, this number is indeed impressive Solana is really trying to catch the hearts of Bitcoin holders, is BTC really going to be "ruined" by DeFi? FBTC's move feels like it's finding a new way out for BTC, a one-stop lending and mining service, maybe this is the future 800 million USD in liquidity... sounds awesome, but what about the risks? Who can guarantee this won't blow up? BTC is really starting to "depreciate" now, transforming from a pure financial asset into a tool for DeFi

View OriginalReply0

MetaverseHermit

· 4h ago

Wait, is it true that BTC liquidity has broken through the 9114 mark? I don't understand why it has to be on Solana to mess around. With so many Bitcoin loans and trading happening, it feels quite risky. Aren't they afraid of跑路? Wow, Function's move this time is really aggressive. 1:1 reserves are also publicly verifiable, now that's transparency. The Solana ecosystem is becoming more like a real DeFi player, not just fast speed. What does the $800 million compare to? Is it just liquidity or real trading volume? Honestly, Bitcoin holders are still too conservative. This is the right way to activate assets. If this continues, will BTC be artificially held up on Solana? It’s a bit of a paranoid thought.

View OriginalReply0

GasFeeBarbecue

· 4h ago

Uh... $800 million in liquidity sounds impressive, but we have to ask if anyone is really going to lock BTC into Solana lending. It feels a bit like gambling. --- Function is really trying to turn BTC into a DeFi tool, but the question is, who will bear the risks? --- $500 million in stablecoin liquidity sounds impressive, but what about actual trading depth? --- The Solana ecosystem is crazily competitive, everything is being packaged as "breakthroughs," but this time it’s actually a bit interesting. --- I just want to know when these 9114 BTC will undergo a stress test. When the truth comes out. --- Both Orca and Kamino, ecosystem collaborations sound sexy, but what about trading volume? --- The narrative of Bitcoin on Solana is a bit old. If so much money wasn’t coming in, who the hell would care?

View OriginalReply0