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U Protocol

U Protocol

Category
Rollup
EVM Compatibility
Founded

2023

Fundraising (Lead)

Crowdfunded on Fjord Launchpad

Recent Milestone

Feb ‘24: U Bitcoin Thunder Network Bridge goes live

Relation with Bitcoin

Decentralized Bitcoin for Layer 2s. uBTC will be intrinsically backed by Lido’s Wrapped Staked Ether

Stage
Mainnet
FDV(in M)
Native Token
State Validation
Settlement