Can Bitcoin Thrive Onchain?

Guest Post: How wallets and protocols are bridging Bitcoin into the onchain world.

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By Jean-Paul Faraj

For over a decade, Bitcoin has stood as a cornerstone of the crypto ecosystem—prized for its decentralization, censorship resistance, and provable scarcity. Yet despite its market cap dominance and renewed hype, Bitcoin remains largely disconnected from one of the most vibrant sectors in crypto: DeFi.

According to Bitcoin Layers, only about $30 billion worth of BTC—just 1.875% of its total supply—is being used in DeFi. In contrast, Ethereum boasts around $50 billion in ETH locked in DeFi, representing roughly 23% of its supply.

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