Back to Organizations
Pell Network
Pell Network is the first decentralized, omnichain BTC Restaking Network. It provides a platform for users to scale their BTC yield through secure restaking and for developers to build new systems and applications by leveraging Bitcoin's security. Pell aims to enhance capital efficiency, lower development costs, and provide passive income opportunities for BTC holders.
Distributed
Description
Pell Network is the first decentralized, omnichain BTC Restaking Network, designed to extend BTCFi into the cryptoeconomic security sector. By building an Omnichain Decentralized Validated Service (DVS/AVS) Network driven by BTC Restaking, Pell fully unlocks Bitcoin’s security potential. This allows users to scale their BTC yield with secure restaking and enhances capital efficiency. For developers, Pell provides an efficient, secure, and affordable way to validate services, allowing protocols to leverage robust trust networks from the outset without needing to establish their own validator sets. The platform functions as a marketplace where developers can incentivize validators to secure their services. Pell Network integrates with various partners and chains like Babylon, ZKsync Era, and Rootstock to enhance cross-chain security, scalability, and unlock new potential for BTCFi.Grant Funding
VC Funding
None
2024
2025
$0
$6.5M