Bitflow Labs operates a decentralized exchange protocol that uses smart contracts and decentralized liquidity pools to enable BTC liquidity flow and trading for tokens defined in the Bitcoin ecosystem. The protocol aims to replace middlemen and offers features such as auto-compounding BTC yield and arbitrage between different flavors of Bitcoin. During its private beta the protocol’s TVL grew from about $30K to over $4M in less than a month, demonstrating early traction. The company plans to use new funding to refine its infrastructure, grow the team, improve user experience, and pioneer new applications in Bitcoin DeFi. Its product roadmap centers on building Bitcoin-native DeFi primitives that leverage the security, capital, and network of Layer 1 Bitcoin. The team emphasizes building through market cycles to prepare for future growth.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2024