Bitcoin DeFi
Crypto Economy
Trended at #16 in Switzerland
About This Trend
Bitcoin DeFi refers to the use of Bitcoin in decentralized finance applications, enabling the use of the cryptocurrency in lending, borrowing, and other financial activities. It involves the integration of Bitcoin with decentralized protocols and platforms to create new financial instruments and markets.
The current trend of Bitcoin DeFi is driven by the recent surge in its adoption, with the total value locked in Bitcoin DeFi protocols increasing by 100% to $6 billion by March 2025. This growth is fueled by the launch of new platforms and protocols, such as Velar PerpDex on Stacks, which brings perpetual futures trading to Bitcoin DeFi and enhances its utility. .
Was trending 41 days ago
Trending In (2 locations)
Location | Rank | Last Seen |
---|---|---|
Vietnam | #10 | 11 hours 28 minutes ago |
Switzerland | #16 | 41 days ago |