Skip to content

Citrea Mainnet Live, Launches First Bitcoin ZK-Rollup

Citrea token with Bitcoin symbols. Citrea Mainnet Live, Launches First Bitcoin ZK-Rollup

The Citrea mainnet has officially launched, marking a significant milestone for Bitcoin utility. This pioneering Bitcoin ZK-rollup enables users to engage in decentralized finance (DeFi), for lending or trading directly with their BTC, without relying on centralized intermediaries or leaving Bitcoin’s security dome.

What Citrea Does

Historically, using Bitcoin in DeFi involves wrapping up the Bitcoin and moving it onto other blockchains, which also comes with risks and trust issues. Now, users can use Citrea as a completely independent execution layer.

Citrea Mainnet Live, Launches First Bitcoin ZK-Rollup: The groundbreaking layer-2 unlocks lending, trading, and DeFi for native Bitcoin.
Source: Citrea Dashboard

By using the Clementine bridge, Citrea uses BitVM (a computing paradigm to express Turing-complete Bitcoin contracts) and the zero-knowledge proof technology to produce cBTC, which is a fully backed representation of Bitcoin (1:1) secured by the consensus of the Bitcoin network, and therefore, the security of the Citrea execution layer is maintained and protected by the Bitcoin network, meaning, the system’s safety is enforced by the Bitcoin network itself, requiring just one honest participant to challenge fraud. This makes the Citrea Mainnet a completely independent and self-sustaining application layer, creating the first true programmable, or “native” Bitcoin economy.

Citrea Mainnet Live, Launches First Bitcoin ZK-Rollup: The groundbreaking layer-2 unlocks lending, trading, and DeFi for native Bitcoin.
Citrea Mainnet Dashboard Status. 

This Launch Reshapes the Bitcoin Ecosystem

The impact of the Citrea mainnet on the Bitcoin ecosystem is paramount because it provides the first substantial, credible solution to Bitcoin’s programmability dilemma. It also introduces the ctUSD, a compliant stablecoin (backed by MoonPay) that will allow for deep, native liquidity through over 30 integrated ₿apps, including decentralized exchanges (DEXs) like Satsuma, and lending protocols like Morpho.

Citrea Mainnet Live, Launches First Bitcoin ZK-Rollup: The groundbreaking layer-2 unlocks lending, trading, and DeFi for native Bitcoin.
Citrea’s ctUSD native stablecoin (Source: Citrea)

With these changes, Bitcoin transitions from a static store of value to being dynamic, yield-generating capital. The Citrea mainnet seeks to drive blockchain economic activity that generates real-world transactions with fees settled into Bitcoin’s base layer, providing miners with increased incentives and forming a recurring, prosperous value-accruing intermediate layer around Bitcoin itself.

Disclaimer: All content provided on Times Crypto is for informational purposes only and does not constitute financial or trading advice. Trading and investing involve risk and may result in financial loss. We strongly recommend consulting a licensed financial advisor before making any investment decisions.

A Web3 Journalist at TimesCrypto with a knack for turning complex ideas into engaging stories. With a solid Tech background, Alan has led teams to create and refine impactful projects across industries, working in firms such as IBM, Cisco Systems, and Telecom. He’s passionate about Blockchain, Finance, Science, bringing a unique blend of technical expertise and creative flair to every piece he writes. When he’s not crafting content, you’ll find him diving deep into research or just having some fun!

Zoomable Image