Why Bitcoin DeFi Protocols Are Seeing Impressive Growth As BTC Soars
The rising price of Bitcoin (BTC) is having a major impact on Bitcoin decentralized finance (DeFi). Data from DefiLIama shows Bitcoin-based DeFi protocols’ total value locked (TVL) went from $304.66 million on Jan 1, 2024, to a whopping $7.117 billion at the time of writing. Source: DefiLIama The recent surge in Bitcoin DeFi—often referred to […]
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