• bitcoinBitcoin (BTC) $ 82,298.00
  • ethereumEthereum (ETH) $ 1,881.97
  • tetherTether (USDT) $ 0.999907
  • xrpXRP (XRP) $ 2.30
  • bnbBNB (BNB) $ 602.05
  • solanaSolana (SOL) $ 126.01
  • usd-coinUSDC (USDC) $ 0.999849
  • cardanoCardano (ADA) $ 0.703461
  • dogecoinDogecoin (DOGE) $ 0.168347
  • tronTRON (TRX) $ 0.212395
  • staked-etherLido Staked Ether (STETH) $ 1,880.55
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 82,227.00
  • pi-networkPi Network (PI) $ 1.41
  • leo-tokenLEO Token (LEO) $ 9.58
  • the-open-networkToncoin (TON) $ 3.45
  • chainlinkChainlink (LINK) $ 13.35
  • usdsUSDS (USDS) $ 0.999765
  • stellarStellar (XLM) $ 0.264400
  • wrapped-stethWrapped stETH (WSTETH) $ 2,252.50
  • hedera-hashgraphHedera (HBAR) $ 0.183564
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • avalanche-2Avalanche (AVAX) $ 18.28
  • suiSui (SUI) $ 2.23
  • litecoinLitecoin (LTC) $ 90.50
  • mantra-daoMANTRA (OM) $ 6.78
  • bitcoin-cashBitcoin Cash (BCH) $ 334.25
  • polkadotPolkadot (DOT) $ 4.32
  • ethena-usdeEthena USDe (USDE) $ 0.999869
  • wethWETH (WETH) $ 1,883.57
  • bitget-tokenBitget Token (BGB) $ 4.37
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • hyperliquidHyperliquid (HYPE) $ 12.98
  • whitebitWhiteBIT Coin (WBT) $ 28.28
  • wrapped-eethWrapped eETH (WEETH) $ 2,000.08
  • moneroMonero (XMR) $ 210.44
  • uniswapUniswap (UNI) $ 6.12
  • susdssUSDS (SUSDS) $ 1.04
  • daiDai (DAI) $ 0.999625
  • aptosAptos (APT) $ 5.16
  • nearNEAR Protocol (NEAR) $ 2.51
  • okbOKB (OKB) $ 48.39
  • pepePepe (PEPE) $ 0.000007
  • mantleMantle (MNT) $ 0.810815
  • internet-computerInternet Computer (ICP) $ 5.57
  • ethereum-classicEthereum Classic (ETC) $ 17.45
  • gatechain-tokenGate (GT) $ 21.28
  • ondo-financeOndo (ONDO) $ 0.815327
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 82,343.00
  • aaveAave (AAVE) $ 164.87
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.88
  • official-trumpOfficial Trump (TRUMP) $ 11.29
  • crypto-com-chainCronos (CRO) $ 0.081017
  • vechainVeChain (VET) $ 0.024235
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997726
  • bittensorBittensor (TAO) $ 241.96
  • cosmosCosmos Hub (ATOM) $ 4.62
  • kaspaKaspa (KAS) $ 0.074012
  • ethenaEthena (ENA) $ 0.357538
  • filecoinFilecoin (FIL) $ 2.84
  • celestiaCelestia (TIA) $ 3.40
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.209458
  • fasttokenFasttoken (FTN) $ 3.99
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 82,287.00
  • render-tokenRender (RENDER) $ 3.10
  • algorandAlgorand (ALGO) $ 0.185927
  • sonic-3Sonic (prev. FTM) (S) $ 0.497134
  • arbitrumArbitrum (ARB) $ 0.347857
  • arbitrum-bridged-usdt-arbitrumArbitrum Bridged USDT (Arbitrum) (USDT) $ 1.00
  • story-2Story (IP) $ 5.44
  • kucoin-sharesKuCoin (KCS) $ 11.06
  • optimismOptimism (OP) $ 0.828480
  • jupiter-exchange-solanaJupiter (JUP) $ 0.490516
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.503428
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 82,173.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,885.74
  • quant-networkQuant (QNT) $ 76.81
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,955.71
  • xdce-crowd-saleXDC Network (XDC) $ 0.067351
  • nexoNEXO (NEXO) $ 1.05
  • movementMovement (MOVE) $ 0.434262
  • makerMaker (MKR) $ 1,172.75
  • dexeDeXe (DEXE) $ 17.27
  • usual-usdUsual USD (USD0) $ 0.997818
  • immutable-xImmutable (IMX) $ 0.546189
  • worldcoin-wldWorldcoin (WLD) $ 0.830576
  • sei-networkSei (SEI) $ 0.197666
  • injective-protocolInjective (INJ) $ 9.57
  • blockstackStacks (STX) $ 0.617869
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,114.68
  • flare-networksFlare (FLR) $ 0.014962
  • binance-staked-solBinance Staked SOL (BNSOL) $ 131.44
  • the-graphThe Graph (GRT) $ 0.091359
  • theta-tokenTheta Network (THETA) $ 0.860865
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • lido-daoLido DAO (LDO) $ 0.917058
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 81,861.00
  • bonkBonk (BONK) $ 0.000010
  • paypal-usdPayPal USD (PYUSD) $ 0.999634
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,996.95
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • tether-goldTether Gold (XAUT) $ 2,985.85
  • wbnbWrapped BNB (WBNB) $ 602.54
  • eosEOS (EOS) $ 0.475270
  • galaGALA (GALA) $ 0.016231
  • tezosTezos (XTZ) $ 0.680333
  • berachain-beraBerachain (BERA) $ 6.41
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 1.00
  • bittorrentBitTorrent (BTT) $ 0.00000068
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 82,259.00
  • bitcoin-svBitcoin SV (BSV) $ 33.53
  • the-sandboxThe Sandbox (SAND) $ 0.271176
  • jasmycoinJasmyCoin (JASMY) $ 0.013610
  • iotaIOTA (IOTA) $ 0.173858
  • jito-governance-tokenJito (JTO) $ 2.09
  • pax-goldPAX Gold (PAXG) $ 2,998.06
  • flowFlow (FLOW) $ 0.401486
  • kaiaKaia (KAIA) $ 0.107435
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998078
  • msolMarinade Staked SOL (MSOL) $ 161.22
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,957.92
  • heliumHelium (HNT) $ 3.23
  • flokiFLOKI (FLOKI) $ 0.000059
  • neoNEO (NEO) $ 7.81
  • resolv-usrResolv USR (USR) $ 0.999863
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.13
  • curve-dao-tokenCurve DAO (CRV) $ 0.409705
  • zcashZcash (ZEC) $ 33.29
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.79
  • honey-3Honey (HONEY) $ 1.00
  • pyth-networkPyth Network (PYTH) $ 0.145133
  • kavaKava (KAVA) $ 0.480824
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 137.92
  • beldexBeldex (BDX) $ 0.074644
  • axie-infinityAxie Infinity (AXS) $ 3.18
  • elrond-erd-2MultiversX (EGLD) $ 17.74
  • true-usdTrueUSD (TUSD) $ 1.00
  • telcoinTelcoin (TEL) $ 0.005369
  • starknetStarknet (STRK) $ 0.176427
  • roninRonin (RON) $ 0.772435
  • decentralandDecentraland (MANA) $ 0.256157
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.731381
  • pumpbtcpumpBTC (PUMPBTC) $ 80,516.00
  • dydx-chaindYdX (DYDX) $ 0.611187
  • dogwifcoindogwifhat (WIF) $ 0.464563
  • raydiumRaydium (RAY) $ 1.57
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,996.33
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,881.03
  • arweaveArweave (AR) $ 6.66
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.168309
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 82,468.00
  • chilizChiliz (CHZ) $ 0.043952
  • ecasheCash (XEC) $ 0.000021
  • conflux-tokenConflux (CFX) $ 0.082517
  • clbtcclBTC (CLBTC) $ 82,674.00
  • apenftAPENFT (NFT) $ 0.00000041
  • ousgOUSG (OUSG) $ 110.33
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,882.79
  • chain-2Onyxcoin (XCN) $ 0.012365
  • usdbUSDB (USDB) $ 0.998239
  • aerodrome-financeAerodrome Finance (AERO) $ 0.509419
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.006424
  • apecoinApeCoin (APE) $ 0.501672
  • hashnote-usycHashnote USYC (USYC) $ 1.07
  • thorchainTHORChain (RUNE) $ 1.13
  • coredaoorgCore (CORE) $ 0.394807
  • infrared-beraInfrared Bera (IBERA) $ 5.74
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • lorenzo-stbtcLorenzo stBTC (STBTC) $ 81,865.00
  • grassGrass (GRASS) $ 1.38
  • spx6900SPX6900 (SPX) $ 0.404133
  • compound-governance-tokenCompound (COMP) $ 41.91
  • axelarAxelar (AXL) $ 0.398994
  • matic-networkPolygon (MATIC) $ 0.209806
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,880.51
  • olympusOlympus (OHM) $ 21.74
  • fraxFrax (FRAX) $ 0.998245
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.834765
  • tbtctBTC (TBTC) $ 82,137.00
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 1,914.17
  • aioz-networkAIOZ Network (AIOZ) $ 0.297953
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000062
  • amp-tokenAmp (AMP) $ 0.004011
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,960.88
  • pendlePendle (PENDLE) $ 2.07
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998291
  • kaitoKAITO (KAITO) $ 1.37
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • akash-networkAkash Network (AKT) $ 1.30
  • based-brettBrett (BRETT) $ 0.031892
  • gnosisGnosis (GNO) $ 122.49
  • beam-2Beam (BEAM) $ 0.006024
  • mina-protocolMina Protocol (MINA) $ 0.255711
  • verus-coinVerus (VRSC) $ 3.90
  • reserve-rights-tokenReserve Rights (RSR) $ 0.005465
  • fartcoinFartcoin (FARTCOIN) $ 0.305629
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 1,859.39
  • plumePlume (PLUME) $ 0.146933
  • morphoMorpho (MORPHO) $ 1.24

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

0 13

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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