BTCFi TVL Faces Major Drop, but Bitcoin DeFi Growth Remains Strong!

The Total Value Locked (TVL) in Bitcoin-based DeFi (BTCFi) saw a sharp decline on April 17, 2025.

Due to a massive $1.26 billion BTC unstaking event on the Babylon staking platform, BTCFi TVL dropped by 32%, falling from $5.2B ➔ $3.5B.

What really happened?

Babylon Labs clarified that this unstaking was part of a transition to new finality providers, not a loss of trust.

Despite the recent dip, BTCFi showed explosive growth throughout 2024, skyrocketing by over 2,000% from $307M ➔ $6.5B, powered by innovations like the Lightning Network and rising institutional interest.

Current Bitcoin Price Update:

➔ $94,564 (+0.00498%)

➔ Intraday High: $95,533

➔ Intraday Low: $93,580

In short:

➔ Even though TVL faced a temporary shake-up, the long-term trajectory of Bitcoin DeFi remains bullish and full of potential.

Stay sharp! Big Whale Moves are incoming!

#WhaleHacker #BTCFi #Bitcoin #DeFi #CryptoUpdate #BinanceSquare