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    Home»Cryptocurrency»Zeus Network Launches APOLLO and zBTC, Marking the First Trustless Bitcoin On-Chain Exchange on Solana
    Cryptocurrency

    Zeus Network Launches APOLLO and zBTC, Marking the First Trustless Bitcoin On-Chain Exchange on Solana

    Team_SimonCryptoBy Team_SimonCryptoMarch 27, 2025No Comments3 Mins Read
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    [PRESS RELEASE – New York, New York, March 27th, 2025]

    Zeus Network introduced the official launch of APOLLO, its flagship decentralized utility and the primary on-chain Bitcoin change constructed on Solana. Alongside APOLLO, Zeus Community has launched zBTC, the primary totally permissionless Bitcoin asset on Solana. Unlocking cross-chain Bitcoin liquidity, Bitcoin holders can now entry Solana’s DeFi ecosystem—with out reliance on centralized wrapped options.

    APOLLO permits customers to lock native BTC and mint zBTC at a 1:1 ratio straight on Solana, including Bitcoin liquidity in a totally decentralized, non-custodial atmosphere. Conventional wrapped Bitcoin fashions depend on centralized custodians and opaque methods, however APOLLO and zBTC ship a trustless, clear expertise with no KYC necessities or custodial dangers. The platform has demonstrated important traction through the personal mainnet section, recording over $40 million in on-chain quantity and efficiently minting 50 zBTC forward of launch.

    The launch of APOLLO ushers in Bitcoin Finance—or BTCFi—on Solana, with a set of decentralized monetary providers that leverage Bitcoin’s unmatched liquidity and safety to combine with trendy DeFi infrastructure. By means of zBTC, Bitcoin holders can now take part in a mess of DeFi methods throughout Solana, together with buying and selling zBTC on Jupiter, offering liquidity on Meteora, HawkFi, and Raydium. Vault methods for yield optimization—equivalent to depositing zBTC on Drift and Impartial Commerce—are additionally set to launch within the close to future.

    Zeus Community additionally supplies on-chain visibility into Bitcoin reserves via ZeusScan, a custom-built Proof of Reserves system that ensures each BTC transaction stays totally auditable. This software reinforces person confidence and maintains the integrity of APOLLO’s trustless structure.

    Within the coming months, Zeus Community plans to introduce new options that additional modularize Bitcoin liquidity. APOLLO will quickly allow customers to swap between zBTC, cbBTC, and wBTC and withdraw any model again to native Bitcoin—making it simpler than ever to handle Bitcoin positions throughout protocols and codecs. This modular framework will improve market effectivity and provides customers extra flexibility and management. As well as, customers will be capable of interact in borrowing and lending actions on Drift and Save Finance, and plenty of extra.

    Zeus Community’s future priorities embody onboarding institutional liquidity companions, integrating extra UTXO-based belongings equivalent to DOGE, LTC, KAS, and evolving ZPL-assets to strengthen liquidity protection. The launch of extra Bitcoin-native functions on Solana are additionally within the works, as Zeus continues to develop BTCFi on Solana.

     

    About Zeus Community

    Zeus Community is a multi-chain layer constructed on the Solana Digital Machine (SVM), enabling permissionless interoperability between Bitcoin and main blockchain ecosystems. It seamlessly integrates liquidity from Bitcoin and different UTXO-based blockchains equivalent to Litecoin, Dogecoin, and Kaspa into the Solana ecosystem, creating safe, scalable cross-chain interactions.

    By means of its flagship dApp, APOLLO, Zeus Community demonstrates the decentralized, trustless integration of native Bitcoin by way of a lock-mint mechanism, empowering the Solana-native asset, zBTC, to unlock Bitcoin finance (BTCFi) alternatives on Solana.

    Website | Zeus on X |APOLLO | Discord | Docs

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