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No. 1 DeFi Protocol on Aptos, Echo, Launches Token Generation Event
Singapore – Singapore, July 2nd, 2025 – In a move to unlock the future of Bitcoin utility on Aptos, Echo Protocol, the leading decentralized finance (DeFi) protocol in terms of total value locked (TVL), has successfully launched its highly anticipated Token Generation Event (TGE). This momentous occasion marks a significant milestone in the growth and development of Bitcoin DeFi on the Aptos ecosystem.
As a participant in Aptos Foundation’s LFM program, Echo Protocol has demonstrated remarkable growth and community engagement, solidifying its position as the top DeFi protocol by TVL. The successful launch of the TGE follows an extraordinary period of growth, fueled by incentive campaigns, strategic integrations with leading DeFi projects within the Aptos ecosystem, and exceptional user engagement.
Echo’s innovative approach to Bitcoin liquidity aggregation and yield infrastructure has made it a crucial component in the adoption and expansion of Bitcoin DeFi on Aptos. By unifying fragmented BTC liquidity, facilitating seamless DeFi integration, and amplifying yield opportunities, Echo provides the foundational infrastructure necessary for unlocking BTC utility across chains.
Co-Founder Jonathan Phay emphasized the significance of this event, stating, “The launch of the ECHO token marks a major milestone in our mission to bring BTCfi to life. With this TGE, we are unlocking a new phase of growth for our ecosystem and creating real opportunities for users, builders, and the broader Aptos community.”
Aptos Foundation’s Head of Ecosystem Ash Pampati also expressed his enthusiasm for Echo’s achievement, commenting, “Echo Protocol has been instrumental in making Bitcoin productive on-chain within the Aptos ecosystem. This milestone is not only a testament to Echo’s dedication but also to Aptos’s commitment to nurturing innovation and fostering growth within our community.”
As the TGE becomes available, ECHO tokens will be accessible to users through prominent cryptocurrency exchanges such as Binance Alpha, Gate, and Kucoin. Following this event, Echo intends to continue driving BTC liquidity and composability across the ecosystem by introducing new products and integrations aimed at expanding Bitcoin DeFi use cases.
About Echo Protocol
Echo Protocol is a pioneering platform that seeks to revolutionize the way people interact with their Bitcoin holdings by providing an innovative liquidity aggregation and yield infrastructure layer on MoveVM. By offering unparalleled flexibility, scalability, and usability, Echo Protocol aims to democratize Bitcoin’s potential as a productive asset within decentralized finance.
The company’s mission has garnered significant support from leading investors including Aptos, Maelstrom, and Selini, cementing its position as the go-to platform for BTC capital efficiency in the modular DeFi stack.
With the successful TGE launch, Echo Protocol is poised to continue driving innovation and fostering growth within the Aptos ecosystem.
Source: cryptopotato.com
