The number of xBTC minted on Sui has exceeded 875, and it will be launched on X Layer

ChainCatcher news, OKX CEO Star posted on the X platform that xBTC is releasing liquidity for Bitcoin in the on-chain world, with the number minted on Sui surpassing 875. Star emphasized that this is just the beginning, as developers and users now have a new way to participate in DeFi and earn more rewards through liquidity release.

In addition, according to user @erikaleetv, users providing liquidity for designated xBTC-related pools can achieve an annualized return rate of up to 77%. Star revealed that xBTC will soon launch on X Layer and will collaborate with leading DeFi partners to advance together. The team building has never stopped; this is just the beginning, and more partners are set to join.