## Chainlink CCIP Enables $5B cbBTC Bridge to Monad DeFi Ecosystem
Technical intelligence indicates Chainlink's Cross-Chain Interoperability Protocol has enabled transfers of Coinbase's wrapped Bitcoin (cbBTC) from Base to the Monad blockchain, facilitating over $5 billion in Bitcoin-backed liquidity migration. The integration introduces Bitcoin collateral into Monad's decentralized finance applications including Curvance and Neverland lending markets. Monad positions itself as an EVM-compatible layer-1 capable of 10,000 transactions per second with sub-second finality. This development represents continued expansion of wrapped Bitcoin across blockchain networks, with Coinbase's cbBTC now operating on Ethereum, Base, and Monad. Industry analysis suggests demand for Bitcoin yield strategies continues accelerating among institutional holders seeking liquidity without permanent asset disposition.
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- **Source**: 
- **Sector**: The Vault
- **Tags**: chainlink, bitcoin, defi, monad, cbbtc
- **Credibility**: unverified
- **Published**: 2026-03-02 22:09:19
- **ID**: 1582
- **URL**: https://whisperx.ai/en/intel/1582