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Interlay
Interlay
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Interlay

Interlay is a Bitcoin DeFi protocol that bridges BTC to Polkadot and other chains as iBTC and lets users swap, borrow, and lend against it.

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Transaction Fees, Open-source
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What is Interlay?

Interlay helps Bitcoin holders use BTC across DeFi through a trustless bridge that locks native BTC with overcollateralized vaults to mint iBTC, a 1:1 BTC-backed token redeemable for native Bitcoin. Through the Interlay DeFi Hub, users can swap, borrow, and lend iBTC and bridge assets across supported networks. The protocol is a Polkadot parachain governed by INTR token holders.

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