APOLLO debuts as Solana’s first trustless Bitcoin exchange via Zeus Network

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

Zeus Network announces the launch of APOLLO, the first fully trustless and decentralized Bitcoin exchange on Solana.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

Zeus, a multi-chain layer built on the Solana Virtual Machine, is also announcing the introduction of zBTC, a permissionless Bitcoin asset native to the network. The milestone marks a major step forward for Bitcoin Finance (also known as BTCFi).

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

Until now, most Bitcoin decentralized finance use cases depended on wrapped assets managed by centralized entities. ZBTC changes that by offering a direct, non-custodial bridge from native Bitcoin to Solana With APOLLO, users can lock native BTC and mint zBTC at a 1:1 ratio while having access to on-chain liquidity in a non-custodial, KYC-free environment.