Ember Protocol Launches Bitcoin Vault On Sui, Establishing tBTC As Key Collateral In Multi-Chain DeFi

MpostMediaGroup
BTC-2,1%

In Brief

Ember Protocol has launched a new vault on Sui integrating Threshold’s tBTC as collateral, enabling streamlined Bitcoin yield strategies and expanding multi-chain DeFi opportunities.

Ember Protocol Launches Bitcoin Vault On Sui, Establishing tBTC As Key Collateral In Multi-Chain DeFi

Threshold Network, a decentralized threshold cryptography platform, announced that Ember Protocol, a decentralized finance (DeFi) asset management project built on the Sui Layer 1 blockchain, has introduced a new vault on the Sui Network to provide streamlined access to structured yield strategies. This initiative expands the DeFi ecosystem on Sui by offering participants enhanced tools for deploying capital in a transparent and secure framework.

A key element of the launch is the integration of Threshold’s tBTC, which has become the first Bitcoin asset accepted as collateral within Ember’s vault. This move emphasizes Ember’s use of composable, reliable assets while reinforcing the role of tBTC as a critical component of Bitcoin infrastructure within DeFi.

The Ember Bitcoin Vault represents a significant step for Ember Protocol on Sui, designed to simplify advanced DeFi strategies and make them accessible to a broader range of users. By abstracting operational complexity, the vault enables participants to optimize capital without manually navigating multiple strategies. This allows users to access structured yield opportunities while maintaining exposure to their Bitcoin holdings.

Within two days of launch, the vault had attracted $2.53 million in deposits, with a targeted APY of 11.27%. The strategy allocates funds across the Bluefin ecosystem by supplying 60% to Bluefin Lend, borrowing 20% for capital efficiency, and deploying 20% into Bluefin’s AMM auto-liquidity pools, creating an integrated yield engine that combines lending, borrowing, and liquidity provision. The allocations are updated daily to reflect market conditions.

As a decentralized, 1:1 BTC-backed asset, tBTC allows users to retain Bitcoin exposure while engaging in DeFi protocols, transforming Bitcoin from a static store of value into productive capital. Ember’s adoption of tBTC highlights its collateral efficiency, decentralization, and growing liquidity, underscoring its increasing relevance as a DeFi-compatible representation of Bitcoin across blockchain ecosystems.

Ember Protocol’s Bitcoin Vault On Sui Highlights Key Milestones For tBTC And Expands Multi-Chain DeFi Capabilities

The introduction of Ember Protocol’s vault marks a notable advancement in broadening its range of products, with the inclusion of tBTC as collateral opening access to Bitcoin holders seeking yield opportunities while retaining their BTC exposure. For tBTC, its selection as the first collateral asset within the vault represents a milestone that enhances its credibility, with each integration reinforcing its reliability and expanding its role within the multi-chain DeFi environment. From Sui’s perspective, the integration strengthens its ecosystem by connecting it with Bitcoin, the largest crypto asset, thereby increasing liquidity potential, fortifying its DeFi infrastructure, and encouraging further adoption.

The launch of Ember’s vault with tBTC is viewed as an initial step, with expectations of continued integrations that will allow Bitcoin to flow into structured products, lending protocols, and diverse yield strategies. Designed to extend Bitcoin liquidity across multiple blockchains, tBTC enables BTC to become fully composable within DeFi. As part of efforts to accelerate adoption, Threshold has intensified its focus on Sui, positioning the Ember Bitcoin Vault launch as a key element of the Sui x tBTC Phase 2 campaign. In addition, users now have the ability to bridge tBTC from Ethereum to Sui, further unlocking liquidity and contributing to the expansion of Sui’s BitcoinFi ecosystem.

For Threshold Network, this development aligns with a larger objective of ensuring Bitcoin is not only integrated into DeFi but also serves as a central pillar of its growth. Each integration contributes to building the infrastructure required for Bitcoin to realize its full potential in DeFi.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Michael Saylor 再次发布比特币 Tracker 信息,或预告 Strategy 增持 BTC

Gate News update, April 12, Strategy founder Michael Saylor again shared information related to the Bitcoin Tracker, and said "Think ₿igger". According to the previously observed pattern, Strategy typically discloses information about additional Bitcoin purchases on the second day after the related news is released.

GateNews34m ago

Analyst: Bitcoin’s current pullback is relatively mild compared with past ones, but the bottom has not been confirmed yet.

Crypto analyst Axel Adler Jr said the current Bitcoin pullback is smaller than historic bearish-market levels, but a bottom has not yet been confirmed. He believes the market is still in a mild bear phase, and that a true recovery will require patience and waiting.

GateNews48m ago

Bitcoin Price Signals Short Squeeze as Open Interest Nears $25B

Bitcoin is set for a potential short squeeze as on-chain indicators illuminate a crowded setup against a backdrop of rising open interest and persistently negative funding rates. After BTC briefly breached $73,000 last Friday, traders are watching how leveraged shorts might be forced to cover as fun

CryptoBreaking1h ago

American musician G.Love mistakenly downloaded a malicious Ledger app, losing 5.92 BTC, and the funds have already flowed into a certain CEX

Philadelphia musician G.Love had about 5.92 Bitcoins stolen due to mistakenly downloading a counterfeit app. On-chain investigator ZachXBT traced the flow of funds and questioned Apple’s App Store review process, saying it allows counterfeit apps to be listed, increasing user risk.

GateNews1h ago

Bitcoin long-term holdings increased to 12.4 million coins, and the 30-day change has remained positive.

CryptoQuant analyst Darkfost says the Bitcoin market is entering an early stabilization phase, with stronger long-term holding behavior. The amount of BTC held for more than a year has increased, and investors are more inclined to hold than to distribute. This suggests the market is transitioning toward long-term conviction; the current trend is viewed as an early stability signal, but it needs longer-term confirmation.

GateNews2h ago

Bitcoin Halving Two-Years Anniversary: Annual inflation rate drops to 0.85%, officially becoming a rarer asset than gold

The Bitcoin halving in April 2024 lowered its annual inflation rate to 0.85%, for the first time below gold’s 1.5–2%. Bitcoin’s scarcity comes from code rules: supply will gradually decrease, and another halving is expected again in 2028. This halving cycle witnessed increased participation from institutional investors, strengthening Bitcoin’s position as digital gold.

ChainNewsAbmedia2h ago
Comment
0/400
No comments