The First Omnichain BTC Restaking Network — built to bring Bitcoin's security to every chain that needs it.
Bitcoin holds more than $1 trillion in capital. Most of it sits idle. The team behind PellNetwork was formed around one question: what if that capital could do more than just store value?
PellNetwork's mission is to connect Bitcoin's security to decentralized networks that actually need it — without forcing users to give up custody, move chains, or learn entirely new tooling. The protocol takes what Bitcoin already does and extends it across 18+ networks, from BNB Smart Chain to Arbitrum to Babylon.
We don't think the answer to Bitcoin's limitations is building something completely separate. You build bridges, not replacements.
The PellNetwork platform is built on a restaking architecture. Users deposit BTC-backed assets — whether that's native BTC, LSTs, or LRT tokens — and the protocol puts that collateral to work securing Actively Validated Services (AVSes) across supported chains.
This isn't a single-chain product. Omnichain design means the protocol can verify and route security proofs across networks. Cross-chain messaging happens without requiring users to interact with multiple wallets or bridges directly. You stake once; the protocol handles the routing.
PellNetwork's contracts have been reviewed against OpenZeppelin security standards. The team tracks relevant Ethereum improvement proposals — including EIP-4844 — because cross-chain gas efficiency matters when you're operating across 18+ networks. Cheaper proofs mean smaller fees for everyone.
Currently the protocol supports over $66M TVL from more than 510,000 individual stakers. Those aren't estimates — they're live figures from the dashboard at the PellNetwork app.
Security is the one place where "move fast" is the wrong philosophy. The PellNetwork protocol treats auditability as a feature, not a formality.
Every major contract upgrade goes through internal review before any external audit. The team maintains a public bug bounty program — details are posted directly on the protocol documentation. If you find something, you get rewarded for reporting it, not penalized for looking.
The protocol uses slashing conditions to keep validators honest. Validators who behave incorrectly — double-signing, going offline during critical windows — face real economic penalties. That alignment between incentives and behavior is how the whole restaking model stays trustworthy.
Have questions about specific security measures? Check out the PellNetwork Questions page for detailed answers about audits, custody, and validator behavior.
The team behind PellNetwork comes from backgrounds in protocol engineering, cryptographic research, and distributed systems. No single person owns the vision — it's built collectively, with input from validators, community members, and researchers who interact with the protocol daily.
What does that look like in practice? Governance proposals are discussed publicly. Roadmap changes get announced before they ship. When something breaks — and in DeFi, things do break — the team communicates immediately rather than going quiet and hoping nobody notices.
Culture-wise, the team values precision over hype. You won't see PellNetwork claiming to "revolutionize" anything. The protocol does what it says it does: it takes BTC-backed collateral and extends its security properties to networks that want them.
PellNetwork currently supports 18+ chains. That list includes BNB Smart Chain, Bitlayer, MerlinChain, BounceBit, B² Network, Core, BEVM, Botanix, BOB, AILayer, Mantle, Arbitrum, ZKsync, Babylon, and several others.
Each integration goes through a technical review. The PellNetwork platform doesn't add chains just to pad the list. A new chain gets added when the team can verify that the security bridge can operate correctly — that proofs can be verified, that slashing conditions can be enforced, that users don't end up exposed to unnecessary risk.
Campaigns run with partner chains allow users to earn multiple reward tokens simultaneously. That structure — restaking rewards plus partner incentives — is one reason the cumulative staker count has grown past 510,000 since the protocol launched.
The short-term focus is depth, not breadth. The team is working on improving reward distribution, tightening the validator selection process, and making the staking interface clearer for users who are new to restaking concepts.
Longer term, PellNetwork's protocol is designed to support any network that wants Bitcoin-backed security — not just the ones that exist today. As new L2s and app-chains emerge, the protocol should be able to onboard them without requiring a full architectural rebuild.
The airdrop campaign currently live on the platform is part of the broader effort to distribute governance participation. The team behind PellNetwork believes the people most invested in the protocol's success should have a real say in how it develops. That's the direction things are moving.
Want a deeper look at how the protocol operates day-to-day? The Questions section covers staking mechanics, reward timelines, and more. Or go straight to the app and connect your wallet to see your options in real time.