Echo Protocol, the first Bitcoin liquid restaking and yield layer on MoveVM and the largest protocol on Aptos by total value locked (TVL), has launched its Token Generation Event (TGE).
Echo’s TGE follows a period of record-breaking growth and community engagement, underpinned by participation in Aptos Foundation’s LFM program—a premier initiative that provides hands-on guidance to Aptos-native projects preparing for major product and token launches.
Driving the BTCfi Momentum on Aptos
With over $285 million in aBTC minted and Echo securing 65% of all bridged BTC assets on Aptos, the protocol has emerged as a key player in the growth of BTCfi (Bitcoin DeFi) on Aptos. Echo enables users to unlock yield opportunities on their Bitcoin holdings via aBTC—a cross-chain liquid Bitcoin token, backed 1:1 by BTC—while
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