Bitway is a Layer 1 blockchain built for Bitcoin-centric applications, allowing users to interact using their existing Bitcoin wallets, including Taproot, Native SegWit, and Bitway-native addresses, without relying on EVM wallets or bridges.

The protocol offers non-custodial Bitcoin-backed lending with automated approval, gasless payments using its wrapped Bitcoin token BTCT through a fee sponsorship model, and access to tokenized real-world assets such as treasuries and commodities with yields denominated in Bitcoin. Bitway also supports both EVM and WASM smart contracts, along with oracles, cross-chain modules, and developer tools for building scalable applications on Bitcoin liquidity.

Fully on-chain and permissionless, Bitway prioritizes native Bitcoin compatibility and simplified financial interactions without sign-ups or KYC. The project is developed by Bitway Labs.