Interlay launches an all-in-one Bitcoin DeFi platform, offering DEX trading, lending, staking, and other features.

Odaily News: Polkadot's cross-chain interoperability network, Interlay, has launched an all-in-one Bitcoin DeFi platform that provides users with functionalities such as Bitcoin DEX trading, lending, and staking. It integrates with its multi-chain bridging system to deploy Bitcoin into integrated DeFi protocols. CEO and co-founder, Alexei Zamyatin, describes this new platform as a combination of Uniswap, Aave, and Compound.



Currently, the platform supports BTC, USDT, DOT, and Interlay governance token INTR. It plans to support liquidity staking tokens in the third quarter of this year and Ethereum and Cosmos ecosystem assets by the end of this year. (CoinDesk)