TechFlow news — On March 25, Echo Protocol officially announced the launch of its Vault feature on the Morph chain, alongside the introduction of its unified BTC asset, mphBTC. Users can now deposit uBTC, wBTC, or enzoBTC into the Morph Vault to mint mphBTC, while earning Echo Points and unlocking access to various protocols within the Morph ecosystem.
Currently, mphBTC has been integrated with LayerBank, BulbaSwap, and QuokkaLend, with more partnerships to be announced soon.
To celebrate the launch, Echo is running a 14-day 3x points campaign. Users who convert at least 0.001 BTC into mphBTC via Echo’s Morph Vault between March 24, 2025, and April 6, 2025, will receive triple Echo Points rewards. Notably, Echo Points will serve as a key metric for future airdrops.
As a leading BTC infrastructure protocol, Echo has minted over 3,000 BTC to date, deploying its unified BTC assets across Move chains such as Aptos and Movement, and EVM chains including Hemi and Morph. More than $30 million has already been deposited into Echo’s strategy pools, enabling users to participate in DeFi strategies like leveraged lending and liquid staking. The project is backed by top-tier investors including Spartan, ABCDE, and Maelstrom.
