Watching the TVL Climb: From Hundreds to a Billion Dollar Ecosystem
In January this year, total value locked (TVL) on Bitlayer hit $717.8M, alongside 31M+ transactions in a single month Later, December’s report showed TVL went above $824M, with more than 24M transactions over the month
Those numbers impressed me — it wasn’t hype, but growing economic activity. For context, when I minted YBTC, I wasn’t alone. These numbers felt like proof that Bitcoin DeFi isn’t a niche—it’s an emerging ecosystem with real usage and momentum.
