CryptoCurrencies
19104
Exchanges
500
Total Market Cap
4,514,478,081,315
Volume 24h
422,294,814,903
Dominance
BTC 54.33%   ETH 12.02%   BNB 4.05%   USDT 3.94%

SatLayer
SLAY

0.02494
$
6.10 %
Change 24h
Market Cap
$ 11,519,933
Volume 24h
$ 22,381,600
Circulating Supply
462,000,000
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.