• bitcoinBitcoin (BTC) $ 115,948.00
  • ethereumEthereum (ETH) $ 2,948.10
  • tetherTether (USDT) $ 0.999990
  • xrpXRP (XRP) $ 2.55
  • bnbBNB (BNB) $ 690.04
  • solanaSolana (SOL) $ 164.50
  • usd-coinUSDC (USDC) $ 0.999812
  • dogecoinDogecoin (DOGE) $ 0.195663
  • tronTRON (TRX) $ 0.294596
  • staked-etherLido Staked Ether (STETH) $ 2,946.03
  • cardanoCardano (ADA) $ 0.680898
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 115,828.00
  • hyperliquidHyperliquid (HYPE) $ 43.93
  • wrapped-stethWrapped stETH (WSTETH) $ 3,559.82
  • suiSui (SUI) $ 3.47
  • chainlinkChainlink (LINK) $ 15.30
  • bitcoin-cashBitcoin Cash (BCH) $ 518.52
  • stellarStellar (XLM) $ 0.302596
  • avalanche-2Avalanche (AVAX) $ 20.79
  • leo-tokenLEO Token (LEO) $ 9.03
  • hedera-hashgraphHedera (HBAR) $ 0.193848
  • wrapped-eethWrapped eETH (WEETH) $ 3,158.26
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • wethWETH (WETH) $ 2,947.58
  • usdsUSDS (USDS) $ 0.999661
  • the-open-networkToncoin (TON) $ 2.95
  • litecoinLitecoin (LTC) $ 95.01
  • whitebitWhiteBIT Coin (WBT) $ 46.63
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 329.79
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 115,971.00
  • polkadotPolkadot (DOT) $ 3.88
  • bitget-tokenBitget Token (BGB) $ 4.55
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000012
  • uniswapUniswap (UNI) $ 8.41
  • aaveAave (AAVE) $ 306.94
  • pi-networkPi Network (PI) $ 0.503317
  • daiDai (DAI) $ 0.999749
  • bittensorBittensor (TAO) $ 375.70
  • aptosAptos (APT) $ 4.89
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • nearNEAR Protocol (NEAR) $ 2.53
  • crypto-com-chainCronos (CRO) $ 0.097076
  • okbOKB (OKB) $ 49.10
  • internet-computerInternet Computer (ICP) $ 5.43
  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.98
  • ondo-financeOndo (ONDO) $ 0.896644
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 18.44
  • susdssUSDS (SUSDS) $ 1.06
  • kaspaKaspa (KAS) $ 0.086132
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • cosmosCosmos Hub (ATOM) $ 4.66
  • mantleMantle (MNT) $ 0.628273
  • vechainVeChain (VET) $ 0.024161
  • ethenaEthena (ENA) $ 0.318816
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.223989
  • arbitrumArbitrum (ARB) $ 0.403850
  • official-trumpOfficial Trump (TRUMP) $ 9.82
  • gatechain-tokenGate (GT) $ 16.24
  • fasttokenFasttoken (FTN) $ 4.46
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.738147
  • render-tokenRender (RENDER) $ 3.68
  • algorandAlgorand (ALGO) $ 0.214859
  • bonkBonk (BONK) $ 0.000024
  • worldcoin-wldWorldcoin (WLD) $ 1.07
  • skySky (SKY) $ 0.083974
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,951.16
  • sei-networkSei (SEI) $ 0.318983
  • filecoinFilecoin (FIL) $ 2.59
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 115,676.00
  • quant-networkQuant (QNT) $ 115.20
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.73
  • binance-staked-solBinance Staked SOL (BNSOL) $ 174.04
  • spx6900SPX6900 (SPX) $ 1.65
  • jupiter-exchange-solanaJupiter (JUP) $ 0.486958
  • usdtbUSDtb (USDTB) $ 0.999538
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998066
  • kucoin-sharesKuCoin (KCS) $ 11.36
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,088.24
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,358.17
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.87
  • fartcoinFartcoin (FARTCOIN) $ 1.31
  • nexoNEXO (NEXO) $ 1.27
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.019171
  • injective-protocolInjective (INJ) $ 12.24
  • xdce-crowd-saleXDC Network (XDC) $ 0.072689
  • flare-networksFlare (FLR) $ 0.016856
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.78
  • optimismOptimism (OP) $ 0.663691
  • blockstackStacks (STX) $ 0.745630
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,147.74
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,096.58
  • sonic-3Sonic (S) $ 0.339836
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 115,714.00
  • dogwifcoindogwifhat (WIF) $ 1.05
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,105.20
  • story-2Story (IP) $ 3.44
  • flokiFLOKI (FLOKI) $ 0.000102
  • tokenize-xchangeTokenize Xchange (TKX) $ 12.76
  • the-graphThe Graph (GRT) $ 0.097566
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 115,727.00
  • pax-goldPAX Gold (PAXG) $ 3,329.57
  • kaiaKaia (KAIA) $ 0.158376
  • immutable-xImmutable (IMX) $ 0.492034
  • wbnbWrapped BNB (WBNB) $ 690.94
  • clbtcclBTC (CLBTC) $ 117,048.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999383
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.50
  • vaultaVaulta (A) $ 0.544838
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 184.76
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,184.73
  • curve-dao-tokenCurve DAO (CRV) $ 0.607209
  • tether-goldTether Gold (XAUT) $ 3,328.18
  • msolMarinade Staked SOL (MSOL) $ 215.10
  • theta-tokenTheta Network (THETA) $ 0.797585
  • galaGALA (GALA) $ 0.017011
  • lido-daoLido DAO (LDO) $ 0.842794
  • raydiumRaydium (RAY) $ 2.72
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.99
  • iotaIOTA (IOTA) $ 0.182178
  • ousgOUSG (OUSG) $ 111.75
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • the-sandboxThe Sandbox (SAND) $ 0.287508
  • memecoreMemeCore (M) $ 0.442481
  • jasmycoinJasmyCoin (JASMY) $ 0.014198
  • jito-governance-tokenJito (JTO) $ 1.97
  • zcashZcash (ZEC) $ 42.03
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998250
  • aerodrome-financeAerodrome Finance (AERO) $ 0.785409
  • super-oethSuper OETH (SUPEROETH) $ 2,945.45
  • pendlePendle (PENDLE) $ 4.01
  • pyth-networkPyth Network (PYTH) $ 0.113991
  • bittorrentBitTorrent (BTT) $ 0.00000065
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,141.73
  • wrapped-hypeWrapped HYPE (WHYPE) $ 44.10
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • tezosTezos (XTZ) $ 0.593086
  • saros-financeSaros (SAROS) $ 0.235514
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,073.84
  • newton-projectAB (AB) $ 0.009127
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 115,336.00
  • tbtctBTC (TBTC) $ 115,747.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,946.70
  • flowFlow (FLOW) $ 0.372536
  • usual-usdUsual USD (USD0) $ 0.997751
  • decentralandDecentraland (MANA) $ 0.303115
  • based-brettBrett (BRETT) $ 0.057824
  • mog-coinMog Coin (MOG) $ 0.000001
  • walrus-2Walrus (WAL) $ 0.411129
  • banana-for-scale-2Banana For Scale (BANANAS31) $ 0.055091
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 115,938.00
  • falcon-financeFalcon USD (USDF) $ 0.999270
  • syrupMaple Finance (SYRUP) $ 0.506111
  • morphoMorpho (MORPHO) $ 1.69
  • coredaoorgCore (CORE) $ 0.537611
  • thorchainTHORChain (RUNE) $ 1.52
  • apecoinApeCoin (APE) $ 0.664693
  • bitcoin-svBitcoin SV (BSV) $ 26.27
  • staked-hypeStaked HYPE (STHYPE) $ 44.07
  • ripple-usdRipple USD (RLUSD) $ 0.999702
  • starknetStarknet (STRK) $ 0.139492
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.195327
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,947.57
  • chain-2Onyxcoin (XCN) $ 0.014447
  • true-usdTrueUSD (TUSD) $ 0.998916
  • heliumHelium (HNT) $ 2.61
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008167
  • venomVenom (VENOM) $ 0.226974
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004697
  • conflux-tokenConflux (CFX) $ 0.091591
  • dydx-chaindYdX (DYDX) $ 0.619322
  • stader-ethxStader ETHx (ETHX) $ 3,134.70
  • kavaKava (KAVA) $ 0.417617
  • compound-governance-tokenCompound (COMP) $ 48.02
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999801
  • usddUSDD (USDD) $ 1.00
  • dexeDeXe (DEXE) $ 7.85
  • ether-fiEther.fi (ETHFI) $ 1.20
  • apenftAPENFT (NFT) $ 0.00000045
  • beldexBeldex (BDX) $ 0.061516
  • neoNEO (NEO) $ 6.24
  • elrond-erd-2MultiversX (EGLD) $ 15.22
  • deepDeepBook (DEEP) $ 0.173417
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.37
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,250.11
  • build-onBUILDon (B) $ 0.416467
  • aioz-networkAIOZ Network (AIOZ) $ 0.349334
  • zksyncZKsync (ZK) $ 0.057685
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • axie-infinityAxie Infinity (AXS) $ 2.47
  • arweaveArweave (AR) $ 6.22
  • ecasheCash (XEC) $ 0.000020
  • usdbUSDB (USDB) $ 0.991066
  • telcoinTelcoin (TEL) $ 0.004364

Bitcoin DeFi key to unlocking $300T potential: Asymmetric Founder

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Bitcoin DeFi key to unlocking $300T potential: Asymmetric Founder

This is a segment from the Supply Shock newsletter. To read full editions, subscribe.

Serial entrepreneur Dan Held, whose past exits include Zeroblock and Interchange, sees Bitcoin DeFi as the largest untapped opportunity of his decade-long crypto career.

Speaking on the Supply Shock podcast Tuesday, Held told host Pete Rizzo that he sees decentralized finance (DeFi) as the key to unlocking bitcoin’s potential as a $300 trillion global asset. He pointed to the ability to earn yield for lending bitcoin — one of the many financial functions DeFi replicates without centralized intermediaries — as a major opportunity.

Held’s journey into Bitcoin DeFi began with his exploration of yield-generating opportunities, including providing liquidity for Lightning channels and Coinjoins. Initially skeptical of DeFi due to its association with scams, Held became convinced of its potential after witnessing new use cases on alternative crypto platforms like Ethereum and Solana.

He noted that DeFi could introduce new users to bitcoin, much like early adopters were drawn in through activities like Silk Road and speculation. “If DeFi could be unlocked on Bitcoin, it would be by far the biggest opportunity ever to happen in crypto,” Held said.

Elsewhere, Held told Rizzo he does not see Bitcoin DeFi as a zero-sum game where Bitcoin replaces other blockchains entirely. “I think what will happen is that this just absorbs market share from the other ones significantly, but not totally, and that this increases Bitcoin’s dominance,” Held explained.

Source

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