The amount of “Bitcoin At Work,” or the Total Value Locked (TVL), a measurement of the amount of BTC locked in Decentralized Finance (DeFi), has exploded over the past year.
More than 210,000 BTC (1% of the 21 million BTC supply cap) are now locked in various forms on other blockchains like Ethereum—a figure worth over $11.5 billion at current USD prices.
Bitcoin At Work – 1 year chart
Up more than 300% BTC from my previous article, Can You…
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