Bitway

Bitway is a decentralized finance application whose native token, BTW, serves as both a utility and governance instrument within the Bitway ecosystem. The project aims to unify yield farming, payment processing, and financing services under a single network, targeting users who want access to DeFi financial tools without relying on traditional intermediaries. Token holders can participate in governance decisions and stake their BTW as part of the network's incentive structure.

BTW operates within the Ethereum ecosystem and is classified as a DeFi application rather than a standalone blockchain, meaning it does not have its own consensus algorithm or block time. The token functions inside the Bitway Earn product, where it powers staking, governance voting, and the alignment of incentives across the platform's financial offerings. No consensus algorithm is recorded for this asset, consistent with its nature as an application-layer token settling on an underlying network.

Over the trailing 30 days, the protocol generated 514,542 USD in total fees and retained 109,626 USD as protocol revenue, implying a take rate of approximately 21.3% for that period. The remaining fees, roughly 404,916 USD over the same 30 days, were distributed to the supply side, which typically means liquidity providers or stakers. Annualizing the 30-day fee figure produces 6,260,261 USD, placing the market-cap-to-annualized-fees ratio at about 171 and the fully diluted valuation-to-annualized-fees ratio at about 632. Fee growth over the trailing 30 days was 2.54%, while protocol revenue growth over the same window was 16.53%.