The integration of tBTC on the Sui blockchain offers users a new way to realize the benefits of Bitcoin in decentralized finance, creating opportunities for unlimited liquidity and rapid transaction processing.
tBTC: Access to Bitcoin Liquidity
Threshold and Sui have announced a significant integration allowing tBTC, the leading decentralized Bitcoin asset, to operate on the Sui blockchain. This provides access to over $500 million in Bitcoin liquidity for Sui's DeFi ecosystem, known for its minimal fees and enhanced capital efficiency.
Benefits of tBTC on Sui
The tBTC integration enables users to trade, lend, and engage in advanced DeFi strategies within a secure and scalable environment. Parameters like transaction finality of up to 400 milliseconds and nearly zero fees allow for the elimination of fragmentation and ensure high freedom of transferring Bitcoin across protocols. Newly integrated protocols on Sui include Bluefin, Bucket, AlphaLend, and AlphaFi, which offer additional use cases for tBTC.
Strategic Campaign to Support Integration
In conjunction with the launch of tBTC on Sui, both companies are initiating a three-month campaign aimed at long-term adoption. The initiative includes developer support and ecosystem activations focused on ensuring successful integration of Bitcoin into modern DeFi applications.
With the integration of tBTC on the Sui platform, Bitcoin continues to expand its applications beyond asset status, offering users new opportunities in decentralized finance.
