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Permissionless Bitcoin on Solana: Zeus Network Officially Launches APOLLO and zBTC

2025-03-27 22:00
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Bitcoin has been committed to becoming a peer-to-peer electronic cash system for fifteen years. However, due to its inefficiency and limited programmability, many institutions can only offer packaged Bitcoin solutions, sacrificing both asset transparency and holder privacy.


The Zeus Network has now developed a permissionless framework that allows Bitcoin liquidity to freely flow between the Bitcoin network and Solana. For holders seeking a modernized, decentralized way to use Bitcoin, this marks a new chapter in Bitcoin Finance (BTCFi).



As the flagship dApp of the Zeus ecosystem, APOLLO will officially launch as the first Bitcoin-native trading platform on Solana on March 27. Its core asset, zBTC, is the first permissionless Bitcoin on Solana, redefining cross-chain Bitcoin liquidity and opening new opportunities for BTCFi in the Solana ecosystem.


Prior to the official launch, APOLLO has demonstrated strong market appeal, with on-chain transaction volumes exceeding $40 million and 50 zBTC minted on Solana. These achievements prove that APOLLO can overcome the limitations of traditional wrapped Bitcoin solutions by providing a transparent, secure, trustless platform to bring Bitcoin liquidity to Solana.


APOLLO has now opened up its cross-chain liquidity service between Bitcoin and Solana to the public.


Visit dApp: https://apollodex.io/


Building the BTCFi Ecosystem on Solana



BTCFi (Bitcoin Finance) refers to a decentralized financial services and application suite built using Bitcoin's security and liquidity.


Bitcoin holders have long relied on centralized wrapped Bitcoin solutions, facing transparency challenges and risks. Therefore, zBTC provides a revolutionary alternative—an asset permissionlessly pegged 1:1 to Bitcoin, operating transparently on Solana.


With APOLLO's public launch on March 27, 2025, all traders can lock up BTC to mint zBTC and redeem native BTC at any time. APOLLO will integrate zBTC into Solana's DeFi ecosystem, significantly improving Bitcoin liquidity and reshaping the BTCFi landscape. Users can also utilize zBTC to execute diverse DeFi strategies on Solana. As zBTC integrates into various protocols, Bitcoin holders and liquidity providers will have more opportunities.


Use Cases of APOLLO and zBTC:


· Trading – Swap zBTC through Jupiter


· Liquidity Providing – Provide liquidity on Meteora, HawkFi, and Raydium


· Lending (coming soon) – Lend zBTC through Drift and Save Finance


· Treasury Strategies (coming soon) – Deposit zBTC in Drift and Neutral Trade


APOLLO operates in a fully decentralized environment — users do not need to undergo KYC verification like with centralized bridges or BTC wrapping issuers, and assets are not frozen or controlled. Furthermore, the Bitcoin on-chain reserve proof system ZeusScan ensures full traceability of each transaction, highlighting Zeus Network and APOLLO's commitment to security and transparency.


APOLLO: The Bitcoin On-Chain Trading Platform


Upcoming features will allow APOLLO users to tailor their Bitcoin experience — mint zBTC, swap for cbBTC or wBTC, and redeem any version back to native BTC. These objectives will validate APOLLO's market demand for efficiently managing Bitcoin liquidity. With the launch of APOLLO mainnet v1 and zBTC, Zeus Network has not only redefined Bitcoin's role in DeFi but also ushered in a new era of financial innovation.


Zeus Network Eco Future Roadmap


Zeus Network will continue to strengthen its position in the multi-chain space, planning to introduce UTXO model assets (DOGE, LTC, KAS) to Solana, onboard key institutional liquidity partners, and enhance ZPL assets for increased liquidity coverage. More Bitcoin dApps on Solana are set to be released.



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