BitGo, one of the most trusted crypto custodians, has brought Wrapped Bitcoin (WBTC) directly to the Sui blockchain. This upgrade is powered by LayerZero, a cross-chain system that helps tokens move safely between different blockchains. With this launch, Bitcoin holders can now use their BTC value inside the Sui ecosystem without dealing with complicated steps or risky old-style bridges.
Developers across the Sui ecosystem have already prepared for the upgrade. Major DeFi platforms like Cetus, Aftermath, AlphaLend, Navi, Suilend, Bluefin, Bucket Protocol, and STEAMM are ready to add WBTC liquidity. This unlocks actions such as trading, lending, borrowing, and liquidity pooling using the value of Bitcoin.
What WBTC on Sui Means for Users
WBTC is a token that represents Bitcoin on smart-contract blockchains. Many people hold BTC but cannot use it directly in DeFi because Bitcoin’s own chain does not support smart contracts. By moving WBTC into Sui, users can now take part in DeFi while still holding Bitcoin value.
On Sui, users will be able to:
- Trade WBTC on fast, low-cost decentralized exchanges
- Use WBTC as collateral to borrow other assets
- Earn yield or provide liquidity in pools that support BTC pairs
- Move WBTC across chains more easily through LayerZero-powered bridges
According to the Sui team, WBTC on Sui will use the OFT (Omnichain Fungible Token) standard from LayerZero. This means WBTC works as a “native” token on the Sui network. Users can move WBTC from Ethereum or other chains into Sui while keeping the same token, the same backing, and the same security level. BitGo continues to hold the real Bitcoin that backs every WBTC, so each token remains fully backed 1:1.
The OFT standard helps make this process safer. Instead of “wrapping” and “unwrapping” tokens on each chain, the OFT version keeps the token unified and reduces the risk of bridge failures, which have caused many major hacks in the past.
A Big Boost for Sui and BTCfi
Bringing WBTC natively to Sui is an important step toward growing what many call “BTCfi,” or Bitcoin-powered DeFi. Sui now has a smooth, trusted way to bring Bitcoin liquidity into its ecosystem. This will likely attract more users, more developers, and more liquidity to the network.
For Sui, it means stronger infrastructure and a more complete DeFi experience. For Bitcoin holders, it means they can use their BTC in newer ways without giving up security or convenience.
As more apps on Sui add WBTC support, users can expect even more options and better liquidity. Overall, this move helps Sui become a more connected, flexible, and powerful blockchain within the wider crypto world.
