- The vault provides smooth, high-yield DeFi strategies with one-click accessible on Sui by using wBTC.
- With the growing popularity of Bitcoin-backed financing, Volo’s cutting-edge vaults let customers make the most of wBTC.
The launch of Volo wBTC Vault, a DeFi product intended to unlock the Bitcoin liquidity inside Sui’s ecosystem, was announced today by Volo, a prominent liquid staking protocol on Sui. The vault provides smooth, high-yield DeFi strategies with one-click accessible on Sui by using wBTC and integrating with the vast liquidity of the NAVI Protocol.
Sui already has more over 1,000 BTC in liquidity, thus Volo’s action solidifies the network’s standing as a Bitcoin DeFi Layer. Volo guarantees that consumers may easily access high-yield possibilities by integrating with NAVI’s strong lending pools. By emphasizing usability and accessibility, Volo is able to provide sophisticated DeFi methods, such automatic yield optimization and leveraged positions, with a one-click interface.
With the growing popularity of Bitcoin-backed financing, Volo’s cutting-edge vaults let customers make the most of wBTC. Sui’s function as a DeFi hub is being further expanded with this launch, which gives users more opportunities to interact with Bitcoin in a safe, high-performance environment.
With a TVL of $50 million, Volo has solidified its position as a pillar of Sui’s DeFi ecosystem with its liquid staking token, vSUI. Additionally, Volo’s platform guarantees security and dependability, having been audited by Ottersec, Movebit, and Hacken.
Ben Liu, Volo lead stated:
“BTCfifi on Sui transforms Bitcoin from a static asset into a dynamic, programmable force, unlocking unparalleled opportunities for users.”
Thanks to NAVI Labs’ incubation and financing from OKX Ventures, Hashed, and dao5, Volo has made it possible for consumers to stake SUI while preserving liquidity, enabling millions of people to take part in DeFi.
With more than 10% of its TVL in BTC liquidity already linked into the network, Sui has advanced thanks to the growth of BTCfifi. Sui is positioned as a premier Layer for Bitcoin, providing quick, inexpensive transactions without sacrificing decentralization because to its native bridge and validator-secured architecture. This is in line with Volo’s wBTC Vaults, which let customers take advantage of the $1.6 trillion Bitcoin market via DeFi apps.
Elliscope Fang, NAVI co-founder stated:
“NAVI’s scalable infrastructure makes it the ideal home for BTCfifi, enabling Volo to deliver intuitive, high-yield solutions that empower every user.”
Volo intends to add more Bitcoin derivatives, BTC variations, stablecoins, and altcoins that enhance user capital efficiency and the DeFi experience to its vault services in the near future.
By providing vSUI, Volo, a multi-asset liquid staking solution, assists customers in optimizing utility and liquidity for SUI. In addition to other products created to improve the overall user experience on SUI, its Volo Hub is a suite of products built on the usefulness of the liquid staking DeFi platform token voloSUI.
Allowing users to stake their SUI tokens while preserving liquidity is its key goal. Users may stake their SUI tokens and get liquid staking tokens (vSUI) in exchange using Volo’s liquid staking protocol.
