Zeus Network Launches APOLLO, Unlocks 1:1 Bitcoin Liquidity on Solana

Zeus Network has officially launched APOLLO, its flagship decentralized application, marking the first on-chain Bitcoin exchange built on the Solana blockchain. This launch is accompanied by the introduction of zBTC, the first fully permissionless Bitcoin asset on Solana. This development allows Bitcoin holders to access the Solana DeFi ecosystem without relying on centralized wrapped solutions, thereby unlocking cross-chain Bitcoin liquidity.

APOLLO enables users to lock native BTC and mint zBTC at a 1:1 ratio directly on Solana, providing a fully decentralized and non-custodial environment for Bitcoin liquidity. Unlike traditional wrapped Bitcoin models that depend on centralized custodians and opaque systems, APOLLO and zBTC offer a trustless and transparent experience. This is achieved without the need for Know Your Customer (KYC) requirements or custodial risks. During the private mainnet phase, APOLLO demonstrated significant traction, recording over $40 million in on-chain volume and successfully minting 50 zBTC ahead of the official launch.

The launch of APOLLO introduces Bitcoin Finance, or BTCFi, on Solana, offering a suite of decentralized financial services that leverage Bitcoin’s liquidity and security. These services integrate with modern DeFi infrastructure, allowing Bitcoin holders to participate in various DeFi strategies across Solana. Users can trade zBTC on platforms like Jupiter, provide liquidity on Meteora, HawkFi, and Raydium, and engage in vault strategies for yield optimization on Drift and Neutral Trade, which are set to launch in the near future.

Zeus Network also provides on-chain visibility into Bitcoin reserves through ZeusScan, a custom-built Proof of Reserves system. This tool ensures that every BTC transaction remains fully auditable, reinforcing user confidence and maintaining the integrity of APOLLO’s trustless architecture. In the coming months, Zeus Network plans to introduce new features that further modularize Bitcoin liquidity. APOLLO will enable users to swap between zBTC, cbBTC, and wBTC and withdraw any version back to native Bitcoin, making it easier to manage Bitcoin positions across protocols and formats. This modular framework will enhance market efficiency and give users more flexibility and control. Additionally, users will be able to engage in borrowing and lending activities on platforms like Drift and Save Finance.

Zeus Network’s future priorities include onboarding institutional liquidity partners and integrating more UTXO-based assets such as DOGE, LTC, and KAS. The evolution of ZPL-assets to strengthen liquidity coverage is also a key focus. The launch of more Bitcoin-native applications on Solana is in the works, as Zeus continues to develop BTCFi on the Solana blockchain.

Zeus Network is a multi-chain layer built on the Solana Virtual Machine (SVM), enabling permissionless interoperability between Bitcoin and major blockchain ecosystems. It seamlessly integrates liquidity from Bitcoin and other UTXO-based blockchains such as Litecoin, Dogecoin, and Kaspa into the Solana ecosystem, creating secure, scalable cross-chain interactions. Through its flagship dApp, APOLLO, Zeus Network demonstrates the decentralized, trustless integration of native Bitcoin via a lock-mint mechanism, empowering the Solana-native asset, zBTC, to unlock Bitcoin finance (BTCFi) opportunities on Solana.