Yala (YALA) is a decentralised Bitcoin-collateralised stablecoin and liquidity protocol designed to bridge Bitcoin with the broader DeFi ecosystem. It enables BTC holders to generate stable liquidity, earn yield, and participate in on-chain markets without sacrificing self-custody. The protocol’s architecture combines cross-chain interoperability, Bitcoin security, and integration with real-world asset (RWA) markets.
The YALA token serves as the native governance and utility asset of the ecosystem. It powers staking, protocol rewards, and governance decisions while underpinning the minting, stability, and liquidity operations of the Yala protocol.
Yala operates through its proprietary MetaMint system, which allows users to mint Bitcoin-backed stablecoins and access cross-chain liquidity directly from their BTC wallets. The system eliminates the need for wrapping or custodial intermediaries, using cryptographic signatures and smart contracts to manage collateral, maintain peg stability, and automate settlements.
The protocol’s stability and yield mechanisms include:
The YALA token aligns incentives across participants by rewarding stakers, validators, and liquidity providers, ensuring a decentralised, market-driven model of stability and growth.
Yala serves as an infrastructure layer connecting Bitcoin to DeFi and tokenised asset markets. Core applications include:
Through these functions, Yala positions itself as a decentralised bridge between Bitcoin’s liquidity and the scalability of modern DeFi.