What is APOLLO?
- The first on-chain Bitcoin exchange built on Solana
- Provides infrastructure to natively utilize Bitcoin on Solana
- Achieved over $50M in on-chain volume and minted 50.42 zBTC during whitelist testing
- Completed two Sec3 security audits, ensuring stability and reliability
Features of zBTC
- 1:1 Bitcoin pegging - Maintains equivalent value to actual BTC
- Fully decentralized - Differentiates from traditional centralized wrapping/bridge solutions
- Permissionless/Non-KYC - Freely accessible to anyone
- Sidechain technology - Utilizes Simple Payment Verification (SPV) and a distributed validator set
- ZPL-Asset - Operates natively within Solana
How to Use zBTC
- Minting - Deposit BTC to issue zBTC at a 1:1 ratio
- Burning - Burn zBTC to withdraw BTC anytime
- Trading - Swap zBTC on Jupiter, Raydium, and more
- Liquidity Provision - Participate in zBTC liquidity pools on Meteora, HawkFi, and Raydium
- Vault Strategies - Generate yield with zBTC on Drift and Neutral Trade (coming soon)
APOLLO unlocks Bitcoin liquidity that has been underutilized, making it freely accessible on Solana! Early participants can enjoy exclusive access to future campaigns and rewards, so it’s worth checking out if you’re interested.
