Zeus Network launches APOLLO, the first fully trustless and decentralized Bitcoin exchange on Solana

Zeus Network announces the launch of APOLLO, the first fully trustless and decentralized Bitcoin exchange on Solana.

Zeus Network, a multi-chain layer built on the Solana Virtual Machine, has announced the launch of APOLLO, the first fully trustless and decentralized Bitcoin exchange on Solana, and zBTC, a permissionless Bitcoin (BTC) asset native to the network.

The development marks a significant milestone for Bitcoin Finance (BTCFi), a sector focused on merging Bitcoin’s liquidity and security with modern decentralized finance.

BTCFi aims to provide Bitcoin holders with opportunities for yield, liquidity pools, and advanced trading strategies.

Zeus Network is also introducing a Proof of Reserves tool to ensure transparency in BTC backing.

Image: Zeus Network

Until now, most Bitcoin decentralized finance use cases in the ecosystem depended on wrapped assets managed by centralized entities. ZBTC changes that by offering a direct, non-custodial bridge from native Bitcoin to Solana (SOL).

With APOLLO, users can lock native BTC and mint zBTC at a 1:1 ratio while having access to on-chain liquidity in a non-custodial, KYC-free environment. During its private mainnet phase, APOLLO noted more than $40 million in volume and it minted 50 zBTC.

Unlocking cross-chain DeFi

ZBTC is designed to be integrateable across Solana’s top DeFi protocols. Holders can trade on Jupiter, provide liquidity via Raydium, Meteora, and HawkFi, and soon tap into yield optimization vaults through Drift and Neutral Trade.

Zeus Network also offers ZeusScan, a purpose-built Proof of Reserves tool that provides on-chain verification of BTC backing—ensuring full transparency for users.

Its roadmap includes integration with leading Solana DeFi protocols like Arise, and support for other UTXO assets like DOGE, LTC, and KAS.

The network’s ultimate vision is to expand BTCFi on Solana, turning Bitcoin into a fully integrated, yield-bearing asset across a modular, decentralized infrastructure.