
Zeus Network hosts Solana's initial trustless Bitcoin trading platform with Apollo
Date: 2025-03-27 14:18:56 | By Percy Gladstone
Zeus Network has unveiled the debut of APOLLO, the first completely trustless and decentralized Bitcoin exchange on the Solana network.
Zeus, a multi-chain layer constructed on the Solana Virtual Machine, is also revealing the arrival of zBTC, a Bitcoin (BTC) asset that is natively permissionless on the network.
This achievement signifies a significant advancement for Bitcoin Finance (BTCFi), a burgeoning sector that aims to merge Bitcoin's liquidity and security with contemporary decentralized finance. BTCFi enables Bitcoin holders to access yield opportunities, liquidity pools, and sophisticated trading techniques.
ITS LIVE @ApolloByZeus
First Bitcoin on-chain exchange on Zeus Ecosystem
The diagrams (attached) will illustrate; how early the Zeus Ecosystem is, how early you are, and why we're so thrilled for this year.
Turquoise = $wBTC, 3882
Blue = $cbBTC, 3061
Red = $zBTC. 50.43
Let… pic.twitter.com/qVO9bawcPm
Previously, most Bitcoin decentralized finance applications relied on wrapped assets controlled by centralized entities. ZBTC alters this by providing a direct, non-custodial connection from native Bitcoin to Solana (SOL).
Through APOLLO, users can secure native BTC and mint zBTC at a 1:1 ratio while gaining access to on-chain liquidity in a non-custodial, KYC-free environment. During its private mainnet phase, APOLLO reported over $40 million in volume and minted 50 zBTC.
Unlocking cross-chain DeFi
zBTC is meant to be incorporated across Solana's leading DeFi protocols. Holders can trade on Jupiter, supply liquidity via Raydium, Meteora, and HawkFi, and soon access yield optimization vaults through Drift and Neutral Trade.
Zeus Network also provides ZeusScan, a specially designed Proof of Reserves instrument that delivers on-chain verification of BTC backing—ensuring complete transparency for users.
Roadmap: swapping, lending, and more
APOLLO will soon enable swaps between zBTC, cbBTC, and wBTC, with withdrawals back to native BTC. Features such as borrowing and lending through Drift and Save Finance, as well as support for other UTXO assets like DOGE, LTC, and KAS, are also in the pipeline.
Zeus Network's ultimate goal is to broaden BTCFi on Solana, transforming Bitcoin into a fully integrated, yield-bearing asset across a modular, decentralized infrastructure.

Disclaimer
The information provided on HotFart is for general informational purposes only. All information on the site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the site.
Comments (0)
Please Log In to leave a comment.