BiS AMM is now live, but the liquidity is indeed a bit awkward. Coins like $ACORNS can be bought in single transactions of a few hundred USD to smash out a large K-line — clearly showing how shallow the market depth is. The team has raised around a million dollars, but the ecosystem's popularity has never really taken off.

However, it must be acknowledged that it does a very comfortable job in the SWAP interaction, providing a smooth user experience. All the necessary DeFi modules are integrated, and the infrastructure is solid.

In the past two or three years since BRC appeared, protocol-level innovations have been emerging endlessly, but those that are truly alive and still thriving today are still the leading ones. This phenomenon is quite interesting — the applications and upgrades with long-term vitality in the ecosystem ultimately revolve around deep development around the core top protocols. BRC2.0 also follows this logic; the new round of evolution is still built on the existing dominant position.