Only 0.52% of Bitcoin Is Working Onchain—Here's Why
DeFi
Only 104,105 BTC, worth about $8.7 billion, is currently deployed in productive onchain strategies, according to a joint report from Yield Basis and Valueverse. That represents just under 0.52% of the circulating bitcoin supply, leaving the vast majority of BTC outside the growing bitcoin DeFi (or BTCFi) economy. Bitcoin's $8.
BTC
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
