Bitcoin DeFi demand concentrated in small-but-deep pockets, Rootstock exec says
The Block·
60-second summary
Bitcoin DeFi demand is concentrated in small-but-deep pockets, according to Rootstock execs, as DeFi liquidity plummets from approximately $180 billion to $70 billion in under a year, a staggering 61% decline. This sharp drop in total value locked reflects the DeFi market's volatility and highlights the need for more stable and liquid protocols.
DeFi liquidity is down, with total value locked dropping from roughly $180 billion to $70 billion in less than a year.