I conducted an in-depth investigation into $BTR, and here is the most important information you should know about this project:
$BTR is the original token of the Bitlayer network, a Layer-2 platform on the Bitcoin network that also focuses on the BTCFi space. It was founded in 2023 by Charlie Hu and Kevin He, so weโre not talking about an anonymous project.
๐ฐ Before the token was launched, Bitlayer successfully raised nearly $30 million through multiple funding rounds.
Some of the most notable supporting investors include:
Polychain Capital, Franklin Templeton, Framework Ventures, ABCDE Capital, StarkWare, OKX Ventures, GSR, Flow Traders, FalconX, and others.
๐ The official launch of the $BTR token took place on August 27, 2025.
๐ข Total supply: 1 billion BTR
๐ข Circulating supply at launch: about 261.6 million BTR
๐ต The entry prices for early investors were approximately:
* Seed: about $0.08
* Series A: about $0.30
* Public Sale: about $0.20
Bitlayer also conducted a token sale via CoinList before the launch, where around 20 million BTR were made available. According to reports, more than 6,300 verified users participated.
๐ Token distribution
This is the most important part:
๐น 40% โ ecosystem incentives
๐น 20.25% โ investors and advisors
๐น 12% โ core team
๐น 11% โ public distribution
๐น the remaining percentage โ node incentives, treasury, and liquidity
โณ Team tokens are subject to a long vesting period, but investor token unlocks have already started in 2026.
As for BTR/USDT, while Bitget has officially delisted it
โ
$BTR is the original token of the Bitlayer network, a Layer-2 platform on the Bitcoin network that also focuses on the BTCFi space. It was founded in 2023 by Charlie Hu and Kevin He, so weโre not talking about an anonymous project.
๐ฐ Before the token was launched, Bitlayer successfully raised nearly $30 million through multiple funding rounds.
Some of the most notable supporting investors include:
Polychain Capital, Franklin Templeton, Framework Ventures, ABCDE Capital, StarkWare, OKX Ventures, GSR, Flow Traders, FalconX, and others.
๐ The official launch of the $BTR token took place on August 27, 2025.
๐ข Total supply: 1 billion BTR
๐ข Circulating supply at launch: about 261.6 million BTR
๐ต The entry prices for early investors were approximately:
* Seed: about $0.08
* Series A: about $0.30
* Public Sale: about $0.20
Bitlayer also conducted a token sale via CoinList before the launch, where around 20 million BTR were made available. According to reports, more than 6,300 verified users participated.
๐ Token distribution
This is the most important part:
๐น 40% โ ecosystem incentives
๐น 20.25% โ investors and advisors
๐น 12% โ core team
๐น 11% โ public distribution
๐น the remaining percentage โ node incentives, treasury, and liquidity
โณ Team tokens are subject to a long vesting period, but investor token unlocks have already started in 2026.
As for BTR/USDT, while Bitget has officially delisted it
โ
