BitlayerBTR

Bitlayer generated $25.6M in gross revenue from Apr 2024 to Aug 2026 (858 days), with $25.6M retained as net revenue. Its primary token utilities include Network Security, Staking Rewards, Staking Access, Standard 1:1, and Delegated.

This averages $$29.8K in daily gross revenue across the tracked period.

BTR accrues value through 1 mechanism: Direct Revenue Share.

• Direct Revenue Share: Validators who stake BTR receive BTC transaction fee revenue (Execution and Storage Fees) distributed proportionally based on their stake contribution to network security, creating a direct revenue-sharing mechanism for BTR stakers.

No, Bitlayer does not currently burn BTR tokens. The protocol does not employ a buy-back-and-burn or direct token burn mechanism.

BTR serves 5 primary functions within the Bitlayer ecosystem: Network Security, Staking Rewards, Staking Access, Standard 1:1, and Delegated. The protocol generates fees from user activity. Value flows back to token holders through Direct Revenue Share. Bitlayer's fee revenue currently exceeds its token emissions, indicating a self-sustaining economic model.

Token utilities:

• Network Security: Validators must stake BTR tokens to participate in PoS consensus and secure the Layer 2 network; influence is proportional to total stake including delegations, and failure to participate in pre-signing ceremonies results in slashing.
• Staking Rewards: Validators earn BTR rewards proportional to their stake through attestation rewards and node incentive allocations (7.75% of supply on a halving schedule), with dynamic rates adjusting to network activity.
• Staking Access: Staking BTR is required to participate in node voting for validator selection and important network decisions, operating as a delegation mechanism where nodes represent stakers.
• Standard 1:1: BTR holders vote on governance proposals with voting power scaling directly with stake amount (one token = one vote weight) covering protocol upgrades, fee adjustments, treasury allocations, and the Fee Switch mechanism.
• Delegated: Smaller token holders can delegate their voting power to trusted representatives or expert validators, enabling broader governance participation without requiring direct technical engagement.

Value accrual mechanisms:

• Direct Revenue Share: Validators who stake BTR receive BTC transaction fee revenue (Execution and Storage Fees) distributed proportionally based on their stake contribution to network security, creating a direct revenue-sharing mechanism for BTR stakers.

In 2026, Bitlayer generated $747.7K in gross revenue. Of that, $747.7K was retained as protocol revenue (treasury).

Year-by-year revenue breakdown:

• 2026: $747.7K gross revenue — $747.7K to protocol
• 2025: $15.0M gross revenue — $15.0M to protocol
• 2024: $9.8M gross revenue — $9.8M to protocol

Bitlayer's gross revenue has decreased by 45.1% over the past 90 days compared to the prior 90-day period, from $319.8K to $175.7K.

• Recent 90d daily average: $2.0K/day
• Prior 90d daily average: $3.6K/day