What is Yona Network
Yona Network introduction
Last updated
Yona Network introduction
Last updated
Yona Network is the fastest L2 on Bitcoin powered by Solana VM hosting the best-in-class Bitcoin DeFi ecosystem.
Bitcoin is the most well-known blockchain, trusted by billions of people. The overall value of Bitcoin assets is well over a trillion USD. However, there is no programmable layer on top of it, despite the growing demand for Bitcoin-based products. The world needs a powerful decentralized financial platform that encompass all Bitcoin assets, including BTC, Ordinals, BRC-20, and Runes.
Yona Network is here to fulfill this demand.
Why Solana VM?
SVM delivers superior performance (10k+ TPS) compared to EVM, making it an ideal foundation for building DeFi infrastructure on Bitcoin. The superior speed and efficiency of SVM allow it to support advanced trading protocols, such as order book-based systems, which are known for being the most capital-efficient way to trade. This efficiency is crucial for creating robust and scalable financial products on the Bitcoin network.
