DeFi· ★★★· neutral·

Only 0.52% of Bitcoin Supply Is Deployed in Onchain Yield Strategies: Report

  • —104,105 BTC worth $8.7 billion is deployed in productive onchain strategies, or 0.52% of supply
  • —Lending makes up 81% of productive BTC, with staking and restaking at 12%
  • —Only about 35% of the 218,000 BTC in wrapped assets is used productively
  • —Yield Basis accounts for 19% of all BTC deployed on DEXs
Why it matters: BTCFi must convince long-term holders to put idle coins to work; without that, the sector's growth stays capped.
#BTC
Source: Bitcoin.com
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