BTCFi TVL jumps 22x to $7B, but trust remains an issue

Home » BTCFi TVL jumps 22x to $7B, but trust remains an issue

BTCFi, or Bitcoin-based decentralized finance (DeFi), has surged over 22x in TVL since January 2024, driven by new protocols and institutional inflows, but still faces adoption hurdles due to trust.

Bitcoin (BTC) $ 118,012.62

Ethereum (ETH) $ 3,554.78

Tether (USDT) $ 1.00

BNB (BNB) $ 731.79

XRP (XRP) $ 3.42

Solana (SOL) $ 176.79

Dogecoin (DOGE) $ 0.241547

Polygon (MATIC) $ 0.234977

Chainlink (LINK) $ 18.19

Shiba Inu (SHIB) $ 0.000015

NEXO (NEXO) $ 1.34

Enjin Coin (ENJ) $ 0.081433

Cardano (ADA) $ 0.82518

BTCFi TVL jumps 22x to $7B, but trust remains an issue

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