Official Announcement: Zeus Network has been acquired by @AstarterDefiHub, marking a new chapter for Zeus
Through this milestone, Zeus will expand beyond the Solana ecosystem into the Cardano ecosystem, unlocking broader use cases for $zBTC across multiple networks.
This marks an important step toward enabling Bitcoin to participate more actively in on-chain financial ecosystems ⛈
Redeeming wrapped Bitcoin works differently depending on the provider:
> cbBTC requires KYC verification before redemption.
> WBTC requires locating an OTC dealer to process the redemption.
> zBTC can be redeemed directly and immediately, with no identity verification or intermediary required.
The redemption process is often the clearest indicator of how "wrapped" an asset really is.
Bitcoin deposits to Solana via Zeus Network are picking back up.
In the past few days, several deposits have pushed total zBTC supply above 108 BTC, and counting.
All deposits follow the same permissionless process:
no KYC, no intermediary, converted 1:1 and verifiable on-chain through Zeus Scan:
https://t.co/GnxqDYYh8A
How solana:zBTCug3er3tLyffELcvDNrKkCymbPWysGcWihESYfLg maintains its 1:1 Bitcoin peg:
Each zBTC is minted only when 1 Bitcoin is deposited into the reserve. Burning 1 zBTC unlocks exactly 1 Bitcoin in return.
Reserves can be viewed in real time through ZeusScan, and are independently verified through Chainlink's Proof of Reserve.
Total zBTC supply always equals total Bitcoin held in reserve.
Just like Backpack lets you redeem tokenized stocks for real shares anytime, solana:zBTCug3er3tLyffELcvDNrKkCymbPWysGcWihESYfLg lets you redeem directly to native Bitcoin on demand.
No KYC. No OTC dealers. No questions asked.
You mint with your bitcoin:native, put it to work in Solana DeFi, and pull it back to self-custody whenever you want.
Simple as that.
btcSOL just crossed 3,000 accumulations!
Quick reminder of how it works:
→ Your SOL yield splits in two
→ ~4% stays as SOL yield (keeping pace with inflation)
→ ~2% differential gets automatically converted to zBTC
You stay long $SOL. 🟣 You stack $BTC on top. 🟠
Cardano futures are now available for 24/7 trading on @CMEGroup.
Regulated, institutional access to $ADA is a meaningful signal of how far this ecosystem has come.
As market creation becomes more modular, the Bitcoin layer becomes more important.
Zeus can help new markets access BTC liquidity, zBTC programmability, and Bitcoin-native apps.
Exchange OS opens the market.
Zeus brings the Bitcoin liquidity layer modular markets may need.
Exchange OS raises a new question:
If builders can create more spot, perp, prediction, and outcome markets, what infrastructure will these markets need to grow?
Markets need more than venues. They need assets, liquidity, users, tools, and execution depth.
This is why the opportunity is not about copying Exchange OS.
The opportunity is to become part of the market infrastructure stack.
Oracles verify. Data informs. Risk systems protect. Trading engines execute. Liquidity powers markets.
Cardano Improvement Proposals (CIPs) are how developers improve fundamental technologies and conventions on Cardano, just like BIPs for Bitcoin and EIPs for Ethereum. Open source, community-reviewed, and open to anyone with the knowledge and interest to contribute.
1/3🧵
Creating apps that use real assets on Solana, like TSLA or BTC, is complicated.
Meet the @tokens Assets API, now open to all.
In use already by 90+ products including @Phantom and @DFlow, builders can leverage a single trustworthy asset layer.