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Cryptocurrency News Articles

Bitcoin (BTC) Network Zeus Network Launches APOLLO, Its Flagship Decentralized Application and the First Bitcoin Exchange on Solana

Mar 27, 2025 at 10:00 pm

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

Bitcoin (BTC) Network Zeus Network Launches APOLLO, Its Flagship Decentralized Application and the First Bitcoin Exchange on Solana

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

Today, Zeus Network announced the official launch of APOLLO, its flagship decentralized application and the first on-chain Bitcoin exchange on Solana. Alongside APOLLO, Zeus Network has introduced zBTC, the first fully permissionless Bitcoin asset on Solana, unlocking cross-chain Bitcoin liquidity for the Solana ecosystem.

At a 1:1 ratio, users can lock native BTC and mint zBTC directly on Solana, adding liquidity in a fully decentralized, non-custodial environment. While traditional models rely on centralized custodians and opaque systems, APOLLO and zBTC offer a trustless, transparent experience with no KYC requirements or custodial risks. The platform has seen significant traction during the private mainnet phase, recording over $40 million in on-chain volume and 50 zBTC minted 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.

Moreover, Zeus Network provides on-chain visibility into Bitcoin reserves through ZeusScan, a custom-built Proof of Reserves system that ensures 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 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.

Looking ahead, Zeus Network's 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.

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Other articles published on Apr 08, 2025