Honestly, if it brings more utility without breaking the core layer, it’s a massive win.
JakRenden2 on
I like the idea but I don’t like the fact that it never took off. It would create so mcuh new demand but people just ignored it and sticked to ETH/Sol for some reason
Quazzy92 on
Positive. Institutions holding thousands of BTC will want to earn yield at minimal risk. If something like Stacks is successful then I can see adoption of BTC defi picking up steam
Hairy_Purple9672 on
transactions would be to expensive IMO. I mean ETH main net loses a lot to Base for how cheap it is, and SOL is just way to cheap also. If they could get the gas fees down somehow it would be great!
wancruz on
Still early, but it’s definitely picking up. Projects like Babylon are making BTC productive through staking without giving up custody. This could be a big unlock for BTCFi, especially once their TBVs officially launch.
CryptoOnTheSidewalk on
Which setups are you looking at, actual on-chain stuff or wrapped BTC on other chains?
Right now it still feels early, most of the “Bitcoin DeFi” relies on bridges or layers that add extra trust assumptions, so it’s not quite the same as holding BTC in your own wallet. There’s interesting progress, but I’d treat it as experimental rather than something battle-tested.
If you’re curious, try a small amount first just to understand the flow and risks. Biggest caveat is bridge risk, that’s usually where things break when they do.
6 Comments
Honestly, if it brings more utility without breaking the core layer, it’s a massive win.
I like the idea but I don’t like the fact that it never took off. It would create so mcuh new demand but people just ignored it and sticked to ETH/Sol for some reason
Positive. Institutions holding thousands of BTC will want to earn yield at minimal risk. If something like Stacks is successful then I can see adoption of BTC defi picking up steam
transactions would be to expensive IMO. I mean ETH main net loses a lot to Base for how cheap it is, and SOL is just way to cheap also. If they could get the gas fees down somehow it would be great!
Still early, but it’s definitely picking up. Projects like Babylon are making BTC productive through staking without giving up custody. This could be a big unlock for BTCFi, especially once their TBVs officially launch.
Which setups are you looking at, actual on-chain stuff or wrapped BTC on other chains?
Right now it still feels early, most of the “Bitcoin DeFi” relies on bridges or layers that add extra trust assumptions, so it’s not quite the same as holding BTC in your own wallet. There’s interesting progress, but I’d treat it as experimental rather than something battle-tested.
If you’re curious, try a small amount first just to understand the flow and risks. Biggest caveat is bridge risk, that’s usually where things break when they do.