Botanix is a Bitcoin Layer 2 network designed to enable Ethereum-style smart contract functionality through its EVM-compatible Spiderchain protocol.

Quotes that support claims

Their use of what they call the “Spiderchain” protocol enables Ethereum Virtual Machine compatibility, allowing applications like lending and staking directly on the network without wrapped assets or bridges.

Founded in 2023, Botanix Labs developed the Spiderchain protocol and initiated Botanix. With the network now independently operated, the lab focuses on research, developer tools, and ecosystem support. Botanix enables developers to build financial applications while maintaining Bitcoin’s base layer integrity.

Botanix is a Bitcoin Layer 2 scaling solution that introduces Ethereum-compatible smart contract functionality through the so-called Spiderchain, a concept introduced in 2022.