Botanix Bitcoin Layer 2 Mainnet Launches with GMX & Chainlink
Botanix launches its Bitcoin Layer 2 mainnet with apps like GMX and partners like Chainlink and Fireblocks.
- Botanix debuts Bitcoin Layer 2 mainnet with GMX and Dolomite.
- Chainlink and Fireblocks join as key ecosystem partners.
- Over 26M testnet transactions; mainnet fees around $0.02.
Botanix has officially launched its Bitcoin Layer 2 mainnet, a major development aiming to bring decentralized finance (DeFi) tools and functionality to Bitcoin. The launch introduces an ecosystem of integrated applications, including GMX and Dolomite, offering users advanced trading and lending features.
Unlike traditional Bitcoin infrastructure, Botanix provides Ethereum-style smart contract capabilities while retaining Bitcoin’s core security. This positions it as a bridge between Bitcoin’s stability and DeFi’s flexibility.
Strategic Partnerships Fuel the Ecosystem
Botanix’s ecosystem is backed by strong industry support. Chainlink, known for its decentralized oracle solutions, and Fireblocks, a digital asset security platform, are among its top partners. Their involvement ensures secure data handling and institutional-grade infrastructure for Botanix users.
Since its testnet launch in December 2024, Botanix has seen over 26 million transactions. Now, with the mainnet live, transaction fees are impressively low—averaging just $0.02, highlighting the network’s scalability and affordability.
Bitcoin DeFi Gets a Boost
This launch marks a pivotal moment for Bitcoin’s expansion into DeFi. Botanix allows users to interact with decentralized applications natively on a Bitcoin Layer 2, enabling a new level of functionality for developers and end-users alike.
As adoption grows, Botanix could become a key player in transforming Bitcoin from a store of value into a full-fledged DeFi platform.
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