Ethereum was once synonymous with DeFi, but today it is gradually falling into a fragmented and distracted predicament. Layer 2 was supposed to be the cure for scalability, but it has turned into 'liquidity islands', with fragmented protocols, inefficiencies, and a user experience that keeps failing.
Although Solana has attracted some funds and developers, its DeFi boom is more driven by speculative frenzy rather than genuine market demand. DEX has become a casino, and the ecosystem has turned into a stage play of 'pump and dump', making it difficult to establish a solid foundation for a real financial system.
Where is the real future of DeFi?
Bitcoin, once regarded as an 'asset only to hoard', is quietly reshaping the financial narrative.
From early 2024 to February 2025, the TVL of Bitcoin DeFi skyrocketed 17 times, from $300 million to $5.4 billion. Projects like Babylon, Lombard, and SolvBTC are redefining 'productive Bitcoin' through innovative models—not replicating Ethereum, but paving entirely new paths.
Innovative Highlights of Bitcoin DeFi:
Dual Staking: BTC + native token joint staking to enhance security and gain returns.
Hash Rate Tokenization: Transforming mining capabilities into new financial products.
Ordinals & BRC-20: Inscriptions drive the tokenization explosion, achieving 66.7 million transactions and $420 million in fee revenue.
Why is Bitcoin the ultimate destination for DeFi?
Strongest Consensus: The security of the Bitcoin network far exceeds that of other chains, and DeFi no longer worries about the 'cost of wrongdoing' being too low.
Fast inflow: With a market value of $1.7 trillion and approaching $100 billion in ETF funds, Bitcoin's liquidity can bring explosive growth to DeFi.
Summary:
If you want to seize the future of DeFi, do not get lost in the fog of short-term speculation and technological barriers; Bitcoin is the true ruler of decentralized finance, and the opportunity to embrace a new financial order is right before us.
