Bitlayer and Sui partner to launch YBTC, a Bitcoin-pegged token: The BitVM bridge brings BTC into the Sui ecosystem, allowing users to bridge BTC to Sui and use it in DeFi to earn yield. According to a CoinDesk report on November 8, BTC-related assets account for over 10% of the total value locked in Sui ecosystem DeFi, with 587 BTC having flowed into Sui DeFi since February. $BTC $ETH $SUI