Bitcoin holders now have a new option—BitGo’s WBTC has officially launched on the Sui ecosystem, and it’s available in the OFT standard format powered by LayerZero. What does this mean? Your BTC-wrapped assets can now move seamlessly between different chains, with transfers requiring only gas fees and no more tedious cross-chain bridge operations.
More importantly, liquidity is unified. Previously, WBTC was scattered across different chains like isolated islands, but now, with the OFT format, these assets can truly interoperate. For regular users, the experience is simple: if you want to use WBTC on a particular chain, just transfer it over—no more fragmented versions.
DeFi platforms on Sui have responded quickly. Mainstream protocols like AlphaLend, Aftermath, Bluefin, Bucket, Cetus, Momentum, Navi, Suilend, and STEAMM have all integrated support. Lending, trading, and liquidity mining—all key scenarios are now covered.
On the technical side, the OFT standard really simplifies things. The traditional cross-chain bridge process of lock-mint-burn has been optimized to direct message passing, improving security and lowering the barrier to entry. For users looking to manage BTC exposure across multiple chains, this update is a practical tool upgrade.
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ImpermanentLossFan
· 12-09 14:30
Cross-chain seems to have become simpler.
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TokenTaxonomist
· 12-08 23:39
Cross-chain transactions have become more convenient, which is a good thing.
Bitcoin holders now have a new option—BitGo’s WBTC has officially launched on the Sui ecosystem, and it’s available in the OFT standard format powered by LayerZero. What does this mean? Your BTC-wrapped assets can now move seamlessly between different chains, with transfers requiring only gas fees and no more tedious cross-chain bridge operations.
More importantly, liquidity is unified. Previously, WBTC was scattered across different chains like isolated islands, but now, with the OFT format, these assets can truly interoperate. For regular users, the experience is simple: if you want to use WBTC on a particular chain, just transfer it over—no more fragmented versions.
DeFi platforms on Sui have responded quickly. Mainstream protocols like AlphaLend, Aftermath, Bluefin, Bucket, Cetus, Momentum, Navi, Suilend, and STEAMM have all integrated support. Lending, trading, and liquidity mining—all key scenarios are now covered.
On the technical side, the OFT standard really simplifies things. The traditional cross-chain bridge process of lock-mint-burn has been optimized to direct message passing, improving security and lowering the barrier to entry. For users looking to manage BTC exposure across multiple chains, this update is a practical tool upgrade.