Zeus Network is making Bitcoin work directly on Solana. With the launch of APOLLO, the first trustless Bitcoin exchange on Solana, and zBTC, a fully permissionless Bitcoin asset, BTC holders can now use their Bitcoin in Solana’s DeFi ecosystem without depending on centralized wrapped versions.
Unlike traditional wrapped Bitcoin, which depends on third-party custodians, APOLLO lets users lock their real BTC and mint zBTC at a 1:1 ratio—fully on-chain, without intermediaries or KYC hassles. This means Bitcoin can now move freely on Solana, maintaining full transparency and security. Before its official launch, APOLLO already saw over $40 million in on-chain volume and successfully minted 50 zBTC, proving strong early demand.
This marks a big moment for what’s now being called Bitcoin Finance (BTCFi) on Solana. With zBTC, Bitcoin holders can trade on Jupiter, provide liquidity on platforms like Meteora, HawkFi, and Raydium, and soon, use advanced yield strategies on Drift and Neutral Trade.
Bitcoin is now a real part of Solana’s DeFi world, working just like any native asset. To keep it safe and fully transparent, Zeus Network launched ZeusScan, a tool that lets users check every BTC transaction right on the blockchain. Each zBTC is backed 1:1 by real Bitcoin, so you can be sure there are no risks or hidden issues.
Looking forward, Zeus plans to upgrade APOLLO by supporting swaps between zBTC, cbBTC, and wBTC, and making it easy to withdraw back to native Bitcoin. They’re working on introducing borrowing and lending through Drift and Save Finance while also bringing in Litecoin, Dogecoin, and Kaspa to strengthen liquidity on Solana.
With APOLLO and zBTC, Solana is shaping up to be a key place for decentralized Bitcoin finance, giving BTC holders more ways to put their assets to use and expanding DeFi opportunities.
Also Read: Securitize Brings BlackRock’s BUIDL Fund to Solana
