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There's an interesting protocol worth looking at in the BTCFi space. ENGRAVE Protocol is positioning itself as an early player combining Bitcoin infrastructure with AI agents—a narrative that's gaining traction lately.
What caught my attention? They're taking a different approach with Bitcoin. Instead of relying on bridges (which always introduce risk), they've built a pure data layer. The technical backbone uses x402 protocol, essentially HTTP 402, designed specifically for USDC micropayments.
The performance metrics are notable: transactions below a tenth of a cent, settling in roughly 200 milliseconds. And they've eliminated the API middleman entirely.
Whether this becomes a significant player in BTCFi remains to be seen, but the architecture is genuinely novel.