the garden monthly: october 2024

October volume exceeded $45M! We've introduced new BTCFi assets on testnetbtc.com, and Act 2 is nearly here. If you're in Bangkok for Devcon, join us at Benchakitti Park!

the garden monthly: october 2024
TL;DR: October volume went through the roof! We’ve added some shiny new BTCFi assets on testnetbtc.com, and Act 2 is almost ready to drop. If you’re in Bangkok for Devcon, lace up and join our crew at Benchakitti Park!

gm gardeners!  🌸

The leaves may be turning, but Garden’s growth is in full bloom. October kept us heads down, gearing up for Act 2 and brought our highest non-seasonal volume yet. Let’s break down what went down:

Canon Event 

No points, no airdrop, no incentives — yet October closed with a solid $45,932,629 in volume. 

Big Items

  • Daily swap limits hit a new high, now allowing 30 BTC per user to meet the appetite of our Garden whales.
  • We’re bringing the run back! Come find us at Benchakitti Park in Bangkok with Monad Run Club & Pulse for round 2. If you’re at Devcon, stop by to catch the Garden vibes.

Technical Updates

  • We’re deep into final tests & tinkering for Act 2— keep your eyes peeled this month as we bring in a fresh BTC bridging experience.
  • In the spirit of speed, we refactored our backend, making it super simple to add new chains with just config updates. Expect more assets & chains in the Garden soon!

Other Cool Stuff

  • Our Bitcoin testnet faucet is now stocked up with tBTC, dlcBTC, solvBTC, and WBTC, ready for BTCFi devs to play with.
  • Garden liquidity providers have collected 30 BTC in fees so far.
  • Our very own dude made the rounds in two AMAs this month, repping Garden alongside the dlcBTC squad and the Arbitrum founders club
  • SEED price is up 140% since the start of October — gardeners are reaping serious yield!

About Garden 

Garden is the fastest way to bridge native BTC to any chain, providing a 10x improvement over existing options. It is decentralized, trustless, audited, and not a real garden. 

Join the garden townhall and ask our expert gardeners about soil acidity and trimming bushes.