November Ecosystem Update

Interlay
Interlay
Published in
3 min readNov 29, 2023

Welcome to Interlay’s Ecosystem Update for November 2023!

We are thrilled to share the exciting progress at Interlay last month. As a key player in the decentralized ecosystem, our mission has always been to foster innovation, scalability, and interoperability on Bitcoin.

General Updates

INTR token on CoinMarketCap

Last month INTR, KINT & iBTC, kBTC got featured under different categories on CoinGecko!

We are pleased to announce that now they are now featured on Coinmarketcap also.

Also, kBTC and iBTC are now featured under wrapped tokens.

Integrations

INTR on HydraDX omnipool

INTR is now live for trading on HydraDX’s omnipool with good liquidity to support small to large swaps.

iBTC on Polkadex orderbook

iBTC is now available to trade on Polkadex Orderbook. You can now trade non-custodial limit & market orders for the best decentralized version of Bitcoin.

Decentralized BTC 🤝 Decentralized Exchange

Events

Bitcoin innovation at LABITCONF

Co-founder Alexei was part of two speaker panels at LAbitconf, a Latin America focused Bitcoin conference.

Polkadex space

As part of iBTC’s listing on Polkadex Orderbook, our Community & Social Lead Pankaj was invited to speak about Interlay on an X space hosted by Polkadex.

He spoke about Bitcoin, DeFi & the opportunities at the intersection of these ecosystems & the different problems that Interlay are working on solving.

IOSG Summit

Interlay was represented at the IOSG summit among other projects across the ecosystem.

BOB x BTC Startup Lab

Interlay’s new L2 stack BOB was invited on a space by BTC Startup Lab, the leading startup incubator about Building on Bitcoin & our plans to help improve the developer & user experience for projects looking to leverage EVM ecosystems.

Governance

Interlay Referendum #84

The proposal to charge a 1% swap fee for the swap service on the Interlay DeFi Hub as revenue for Liquidity Providers was passed.

Find more details here: https://interlay.subsquare.io/democracy/referenda/84

Interlay Proposal #88

The proposal which aims to create a vDOT-INTR Pair, allowing users to set vDOT as a Fee Token was passed.

Find more details here: https://interlay.subsquare.io/democracy/proposals/88

Knowledge sharing

Here are some interesting pieces that we put out this month that will help you give a context on the things we are working on.

If you know you know 😉

And one final thought before you go -

That’s it from November, see you next month! 👋

About Interlay

Interlay is the global layer for all things Bitcoin finance. BTC trading, lending, staking, and a way to deploy into other DeFi products. Trustless bridge at the core, AMM and money market on top, wrapped in a simple one-click interface with on/off-ramps and multi-chain support.

Follow both Interlay and Kintsugi on Twitter, join our Telegram, and hop in our Discord to keep up to date with daily updates from the team.

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Interlay
Interlay

Interlay is building a one-stop shop for all things Bitcoin DeFi. BTC trading, lending, staking, and a way to deploy into other DeFi products.