Bitcoin DeFi is HERE in Cardano Thanks to Charms!

Real Bitcoin was just sent to the Cardano blockchain as a native token — no bridge, no wrapping, no custodian. The Charms protocol uses recursive zero-knowledge proofs to “beam” assets between Bitcoin and Cardano trustlessly. On March 18, 2026, eBTC (Enchanted Bitcoin) landed on Cardano as a CNT. Weeks earlier, ADA, SNEK, and USDM were beamed from Cardano to Bitcoin.In this video, I break down exactly how Charms works, why Cardano’s eUTXO model was the foundation for the protocol, and what this means for Bitcoin DeFi on Cardano. Plus updates on the Pyth Oracle hackathon, Strike perpetuals launch, and Midnight’s mainnet launch week.🔗 Links & Resources:Charms Website: https://charms.devCharms Whitepaper: https://charms.dev/Charms-whitepaper.pdfCharms Wallet: https://wallet.charms.devCharms Explorer: https://explorer.charms.devCast (Charms DEX): https://cast.charms.devDemo Transaction Links: [link from CharmsDev thread]Pyth Network: https://www.pyth.network/Strike Perpetuals: [link to Strike dApp]Midnight Network: https://midnight.networkUnshielded Podcast: https://midnight.network/unshielded📢 Follow the Charms Team:@CharmsDev | @imikushin | @AThrouvalas📌 Key Takeaways:• Charms beamed real Bitcoin (eBTC) to Cardano as a native token on March 18, 2026• ADA, SNEK, and USDM were beamed from Cardano to Bitcoin on February 28, 2026• No bridges, no wrapping, no custodians — just recursive ZK proofs• Cardano’s eUTXO model was explicitly credited as the inspiration for the Charms protocol• Cardano natively supports BLS12-381 curve verification, enabling Charms tokens as true CNTs• Cast DEX launching for Charms trading on Bitcoin• Pyth hackathon completed with 23 teams and 100+ developers• Strike perpetuals live on Cardano with BTC trading up to 25x leverage• Midnight mainnet launching this week with Google Cloud, Telegram, MoneyGram, eToro and moreChapters00:00 Bitcoin DeFi is Here01:28 What is Charms04:31 Proof That It Works07:05 How It Works09:03 Why Cardano First10:28 Overall Big Picture12:40 Charms DApps Coming Next13:31 Pyth Hackathon & Builder Fest14:20 Strike V2 Launches16:03 Midnight Launch Week17:08 Open Zeppelin Working with Midnight18:56 Support the ChannelDISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content.🔗 https://www.youtube.com/watch?v=Fq8FhvxET2k Subscribe to the audio podcast:🔗 https://bit.ly/learncardano-spotify 🔗 https://apple.co/3jEPM8C 🔗 https://learncardano.io/ Follow on Social:🔗 https://x.com/learncardano 🔗 https://facebook.com/learncardano