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The Death of BTCFi: How Bitcoin DeFi Raised $250M, Peaked at $9.1B, and Collapsed 75%

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Merlin, Bitlayer, Solv, Babylon: what $250M of venture money and a $9.1B TVL peak actually bought. Continue reading on Medium »

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The Death of BTCFi: How Bitcoin DeFi Raised $250M, Peaked at $9.1B, and Collapsed 75%
Medium DeFi Tag Aug 4, 13:51 UTC

The Death of BTCFi: How Bitcoin DeFi Raised $250M, Peaked at $9.1B, and Collapsed 75%

Merlin, Bitlayer, Solv, Babylon: what $250M of venture money and a $9.1B TVL peak actually bought.