Latest on BOB

• BOB Gateway, “intent-based” BTC bridge = 1-click BTC into DeFi
• BOB mainnet has over 40+ projects, 70k daily tx and 150k wallets
• BOB Fusion Season 2 points campaign is live

Quick BOB descriptors

• “Hybrid L2” = Settlement and native bridge to both Bitcoin and Ethereum
• “L2 that combines security and liquidity of Bitcoin and Ethereum”
• EVM L2 that optimistically rolls up to Bitcoin using BitVM(v2) as well as Ethereum

What is BOB?

BOB ("Build on Bitcoin") is a first-of-its-kind hybrid Layer-2 powered by Bitcoin and Ethereum. By combining the security, liquidity, userbase, and innovation of the two largest blockchain ecosystems, BOB closes the gap between Bitcoin as a vehicle for mass adoption and Ethereum as a hub for innovation. BOB is bootstrapped as an ETH rollup, adding PoW security next and actively contributing to BitVM v2.

BOB is backed by Castle Island Ventures, Mechanism Capital, Coinbase Ventures, and other high-profile VCs and is positioned to become the most secure and accessible Layer-2 for builders and users.

Why hybrid L2?

BOB’s vision is to combine the best of Bitcoin (users, adoption, liquidity, market cap, and POW security) with the innovation capabilities of Ethereum (EVM, smart contracts, self-custody web3 wallets):

• Ethereum dapps can deploy without code changes and make their products available to BTC users and integrate Bitcoin assets.
• Bitcoin apps get access to Ethereum’s web3 power users, as well as (native) stablecoins and other bluechip ERC20 assets.
• BOB users have easy access to native stablecoins (USDC, USDT, …) and all bluechip ERC20 assets while enabling easy onramps from exchanges like Coinbase and Binance (via Ethereum or other ETH L2s).

BOB Architecture

BOB Stack