Yala Officially Launches on Solana, Becomes One of the First BTCFi Projects Supported by the Solana Foundation

According to official news, Bitcoin's native liquidity layer Yala has officially announced that its core asset YU has been launched on the Solana mainnet, marking a significant milestone in its multi-chain liquidity strategy for Bitcoin. Following the mainnet launch on May 16, Yala is accelerating its ecosystem layout for the "ultimate Bitcoin liquidity layer."

Through this integration, BTC holders can use BTC as collateral to mint YU and directly utilize it within Solana's high-performance DeFi ecosystem, participating in low-cost, composable on-chain yield opportunities while maintaining long-term exposure to Bitcoin.

Notably, Yala is among the first BTCFi projects to receive strategic funding and liquidity support from the Solana Foundation. This round of funding includes a $1 million USDC liquidity injection, which will be used to incentivize early users, advance native DeFi protocol integration, and further enhance YU's adoption and liquidity depth on Solana.

Officials stated that Solana's scalability and ecosystem activity provide an ideal scenario for releasing Bitcoin liquidity. Next, Yala will successively launch targeted incentive programs for LPs and traders, deep integration cooperation with Solana protocols, as well as community activities and early contributor reward mechanisms.

This launch is an important starting point for Yala's cross-chain strategy, with more ecosystem incentives and integration plans to be rolled out this summer. Yala will also engage in more interactions and presentations at this week's Solana Accelerate conference.