CryptoCurrencies
18267
Exchanges
500
Total Market Cap
4,270,779,910,355
Volume 24h
183,743,468,867
Dominance
BTC 53.58%   ETH 13.49%   XRP 4.25%   USDT 3.91%

SatLayer
SLAY

0.02645
$
10.67 %
Change 24h
Market Cap
$ 11,688,524
Volume 24h
$ 71,601,228
Circulating Supply
441,000,000
Total Supply
2,100,000,000
SLAY
$
# Exchange Pair Price Volume 24h

Description

SatLayer unlocks the full potential of Bitcoin as productive and yield-bearing by providing the ultimate form of shared security to all of crypto, starting with leading decentralized applications and infrastructure in top L1/L2 ecosystems as Bitcoin Validated Services ("BVS"). SatLayer itself is a set of smart contracts deployed on Babylon Chain, which enables: - Staked $BTC on Babylon Chain to also secure Bitcoin Validated Services (“BVSs”) deployed through SatLayer. - BTC stakers to delegate to operators, who provide crypto-economic security to BVSs and earn rewards from participating BVSs in exchange for this work. - BVSs the ability to slash staked $BTC collateral delegated to operators who act maliciously or do not act according to the required standards of the BVS.