What is BOB?
The Vision: Putting Bitcoin at the Heart of DeFiโ
Bitcoin represents the world's largest and most valuable digital asset, yet it remains largely untapped in DeFi. While Ethereum has achieved ~30% DeFi TVL penetration, Bitcoin sits at just 0.3%. BOB exists to bridge this gap, giving everyone access to Bitcoin's potential.
The Problem: Users and institutions want sustainable returns on their Bitcoin holdings, while projects and apps need liquidity in the world's most trusted asset.
The Solution: BOB - The Gateway to Bitcoin DeFiโ
BOB combines the security of Bitcoin with the DeFi innovation of Ethereum, creating the best place to build and earn yield with BTC.
For Users: 1-click Bitcoin staking, cross-chain BTC swaps, and seamless DeFi access
For Developers: "Integrate BOB EVM, get native BTC access"
Key Innovation: "BTC on BOB is BTC" - The first chain to achieve finality from both Ethereum and Bitcoin.
The Technology: The Hybrid Chainโ
BOB is an optimistic rollup with ZK proofs on Ethereum secured by billions of dollars of staked Bitcoin, serviced by a hybrid BitVM bridge for native BTC integration.
Core Architectureโ
- Bitcoin Security: BTC on BOB is protected by Bitcoin's security model via BitVM
- Ethereum Compatibility: Full EVM compatibility with ZK fraud proofs
- Hybrid Finality: Finality secured by both Bitcoin and Ethereum networks
- Native BTC Integration: Direct BTC access with a single transaction
Why build on BOB?โ
Gateway (to BTC DeFi)โ
- Best Bitcoin UX in the ecosystem
- 1-click BTC DeFi deployment to any DeFi protocol on any chain
- Already integrated by Solv, Xverse, Pell, Sovryn
- BTC to any chain stake & swaps coming soon
BitVM / Bitcoin Securityโ
- BOB co-authored the latest BitVM2 bridge design paper
- Member of the BitVM Alliance
- Launched bitvm/acc to educate and recruit institutional partners
- BitVM live on testnet for institutional onboarding
- Secured by billions of dollars of staked BTC via BOB Finality Providers
Ecosystem (Home of BTC DeFi)โ
- Best-in-class EVM and DeFi infrastructure based on the OP stack
- Tier 1 DeFi choosing BOB: Uniswap, Euler, Aave, LiFi, Lombard, Chainlink, Babylon, Solv
- Institutions choosing BOB: Fireblocks, Cobo, ForDeFi and more to be announced
- Strong/fast stablecoin infrastructure with USDC, USDT, Chainlink CCIP, LayerZero