Zeus Network launches APOLLO and zBTC, marking the first trustless Bitcoin on-chain exchange on Solana

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New York, New York, March 27th, 2025, Chainwire

Zeus Network announced the official launch of APOLLO, its flagship decentralized application and the first on-chain Bitcoin exchange built on Solana. Alongside APOLLO, Zeus Network has introduced zBTC, the first fully permissionless Bitcoin asset on Solana. Unlocking cross-chain Bitcoin liquidity, Bitcoin holders can now access Solana’s DeFi ecosystem—without reliance on centralized wrapped solutions.

APOLLO allows users to lock native BTC and mint zBTC at a 1:1 ratio directly on Solana, adding Bitcoin liquidity in a fully decentralized, non-custodial environment. Traditional wrapped Bitcoin models rely on centralized custodians and opaque systems, but APOLLO and zBTC deliver a trustless, transparent experience with no KYC requirements or custodial risks. The platform has demonstrated significant traction during the private mainnet phase, recording over $40 million in on-chain volume and successfully minting 50 zBTC ahead of launch.

The launch of APOLLO ushers in Bitcoin Finance—or BTCFi—on Solana, with a suite of decentralized financial services that leverage Bitcoin’s unmatched liquidity and security to integrate with modern DeFi infrastructure. Through zBTC, Bitcoin holders can now participate in a multitude of DeFi strategies across Solana, including trading zBTC on Jupiter, providing liquidity on Meteora, HawkFi, and Raydium. Vault strategies for yield optimization—such as depositing zBTC on Drift and Neutral Trade—are also 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 that ensures every BTC transaction remains fully auditable. This tool reinforces user confidence and maintains 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 soon enable users to swap between zBTC, cbBTC, and wBTC and withdraw any version back to native Bitcoin—making it easier than ever to manage Bitcoin positions across protocols and formats. This modular framework will enhance market efficiency and give users more flexibility and control. In addition, users will be able to engage in borrowing and lending activities on Drift and Save Finance, and many more. 

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

About Zeus Network

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.

Website | Zeus on X |APOLLO | Discord | Docs

Contact

Head of Communication
Franck Kuo
[email protected]

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