💡Spotlight: Pell Network

Pell is building an omnichain restaking network that repurposes Bitcoin's cryptoeconomic security to protect decentralized applications and services across multiple chains. Rather than inventing a new L1 security model, Pell creates a marketplace where BTC (and liquid staking derivatives) can be opted-in and allocated to secure third-party infrastructure and apps. The result is a shared security layer that developers can rent instead of individually bootstrapping their own validator sets.

What it does: Decentralized Validated Services (DVS)

Pell's core product is Decentralized Validated Services (DVSs): infrastructure services like oracles, bridges, and rollups that need validators to operate securely. Traditionally, each service must recruit its own validators and incentivize them with tokens. Pell changes this by creating a marketplace where services can rent security instead of building it from scratch.

Here's how it works: Operators run the validation infrastructure. Stakers provide economic backing by restaking their BTC or liquid staking derivatives. DVSs pay rewards to attract that backing. This three-sided model separates service builders from security providers, making security composable and on-demand.

Instead of every oracle or bridge needing to bootstrap its own validator set, BTC holders can restake their Bitcoin once and simultaneously secure multiple services across different chains. The result: capital efficiency for stakers, lower costs for developers, and stronger security guarantees for applications.

Restaking: The Security Lever

Pell's model centers on BTC restaking: participants make their BTC (or liquid staking derivatives) available to multiple DVSs simultaneously. This pooled capital approach increases efficiency and positions Pell as 'doing for BTC what EigenLayer did for ETH' - extending Bitcoin's security beyond its L1.

🛠️ Key Features

• Omnichain interoperability: Architecture that makes Pell's security available across multiple chains and environments.

• Operator model: Specialized operators run validation infrastructure for DVSs.

• Token layer: $PELL handles governance, incentives, and economic settlement across the network.

Why it matters

Bitcoin's base layer offers the strongest cryptoeconomic security in crypto, but it's been difficult to reuse that security for application logic. Pell's marketplace lets apps rent verifiable security while giving BTC holders new yield options, solving the problem of services needing economic backing without the cost of bootstrapping independent validator sets.

Risks

Restaking introduces complexity around slashing mechanics, cross-chain dispute resolution, and regulatory treatment of restaked assets. DVS security depends on robust operator incentives and well-specified failure modes. Misconfiguration or weak economic parameters could concentrate rather than disperse risk. Real-world stress tests will be decisive.

The Future

Pell is positioning its stack (protocol, operator tooling, tokenomics, and developer guides) so that teams building oracles, rollups, and other infrastructure can plug into a shared BTC-backed security fabric. With $530M TVL already deployed and active integrations across 18+ blockchain networks, the protocol is establishing early traction as a common security layer. If adoption continues, Pell could become the standard for BTC-secured DeFi primitives, lowering friction for projects that want Bitcoin-anchored economics without replicating heavy validator infrastructure.

Learn more: pell.network