• bitcoinBitcoin (BTC) $ 109,443.00
  • ethereumEthereum (ETH) $ 2,711.04
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.39
  • bnbBNB (BNB) $ 663.88
  • solanaSolana (SOL) $ 154.67
  • usd-coinUSDC (USDC) $ 0.999885
  • tronTRON (TRX) $ 0.289024
  • dogecoinDogecoin (DOGE) $ 0.174085
  • staked-etherLido Staked Ether (STETH) $ 2,707.64
  • cardanoCardano (ADA) $ 0.612395
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 109,370.00
  • hyperliquidHyperliquid (HYPE) $ 39.96
  • wrapped-stethWrapped stETH (WSTETH) $ 3,252.65
  • suiSui (SUI) $ 2.98
  • bitcoin-cashBitcoin Cash (BCH) $ 505.08
  • chainlinkChainlink (LINK) $ 14.10
  • stellarStellar (XLM) $ 0.290406
  • leo-tokenLEO Token (LEO) $ 9.05
  • avalanche-2Avalanche (AVAX) $ 18.71
  • usdsUSDS (USDS) $ 0.999795
  • hedera-hashgraphHedera (HBAR) $ 0.171840
  • wrapped-eethWrapped eETH (WEETH) $ 2,902.68
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • the-open-networkToncoin (TON) $ 2.82
  • wethWETH (WETH) $ 2,709.22
  • litecoinLitecoin (LTC) $ 89.07
  • whitebitWhiteBIT Coin (WBT) $ 46.53
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999918
  • moneroMonero (XMR) $ 318.96
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 109,464.00
  • polkadotPolkadot (DOT) $ 3.54
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.36
  • uniswapUniswap (UNI) $ 8.29
  • aaveAave (AAVE) $ 298.39
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.466508
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 329.40
  • crypto-com-chainCronos (CRO) $ 0.095758
  • aptosAptos (APT) $ 4.56
  • okbOKB (OKB) $ 48.28
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • nearNEAR Protocol (NEAR) $ 2.29
  • jito-staked-solJito Staked SOL (JITOSOL) $ 188.08
  • internet-computerInternet Computer (ICP) $ 5.00
  • ethereum-classicEthereum Classic (ETC) $ 17.36
  • ondo-financeOndo (ONDO) $ 0.821964
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.079667
  • mantleMantle (MNT) $ 0.588403
  • cosmosCosmos Hub (ATOM) $ 4.24
  • fasttokenFasttoken (FTN) $ 4.45
  • gatechain-tokenGate (GT) $ 15.84
  • vechainVeChain (VET) $ 0.021907
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.205206
  • official-trumpOfficial Trump (TRUMP) $ 8.89
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.683989
  • ethenaEthena (ENA) $ 0.273319
  • skySky (SKY) $ 0.080509
  • render-tokenRender (RENDER) $ 3.28
  • arbitrumArbitrum (ARB) $ 0.342782
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,710.93
  • algorandAlgorand (ALGO) $ 0.189423
  • filecoinFilecoin (FIL) $ 2.38
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 109,241.00
  • bonkBonk (BONK) $ 0.000020
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.56
  • worldcoin-wldWorldcoin (WLD) $ 0.883610
  • sei-networkSei (SEI) $ 0.263274
  • usdtbUSDtb (USDTB) $ 0.999761
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998291
  • binance-staked-solBinance Staked SOL (BNSOL) $ 163.08
  • kucoin-sharesKuCoin (KCS) $ 11.15
  • spx6900SPX6900 (SPX) $ 1.47
  • usdt0USDT0 (USDT0) $ 0.999824
  • jupiter-exchange-solanaJupiter (JUP) $ 0.444432
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,088.03
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,839.18
  • nexoNEXO (NEXO) $ 1.23
  • celestiaCelestia (TIA) $ 1.63
  • flare-networksFlare (FLR) $ 0.016077
  • fartcoinFartcoin (FARTCOIN) $ 1.08
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999904
  • xdce-crowd-saleXDC Network (XDC) $ 0.065473
  • injective-protocolInjective (INJ) $ 10.63
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,890.30
  • blockstackStacks (STX) $ 0.668968
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,846.18
  • sonic-3Sonic (S) $ 0.313177
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 109,468.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • optimismOptimism (OP) $ 0.563422
  • tokenize-xchangeTokenize Xchange (TKX) $ 13.12
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.49
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014776
  • pax-goldPAX Gold (PAXG) $ 3,318.10
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,860.43
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 109,238.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999780
  • dogwifcoindogwifhat (WIF) $ 0.887173
  • kaiaKaia (KAIA) $ 0.149798
  • wbnbWrapped BNB (WBNB) $ 663.77
  • the-graphThe Graph (GRT) $ 0.088110
  • story-2Story (IP) $ 3.03
  • clbtcclBTC (CLBTC) $ 111,966.00
  • flokiFLOKI (FLOKI) $ 0.000090
  • tether-goldTether Gold (XAUT) $ 3,308.53
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 173.53
  • vaultaVaulta (A) $ 0.512283
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.33
  • immutable-xImmutable (IMX) $ 0.433907
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,930.65
  • msolMarinade Staked SOL (MSOL) $ 202.25
  • curve-dao-tokenCurve DAO (CRV) $ 0.553424
  • theta-tokenTheta Network (THETA) $ 0.724297
  • ousgOUSG (OUSG) $ 111.72
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • lido-daoLido DAO (LDO) $ 0.758771
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998158
  • galaGALA (GALA) $ 0.014888
  • raydiumRaydium (RAY) $ 2.46
  • ethereum-name-serviceEthereum Name Service (ENS) $ 19.66
  • iotaIOTA (IOTA) $ 0.167986
  • jito-governance-tokenJito (JTO) $ 1.87
  • the-sandboxThe Sandbox (SAND) $ 0.262034
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • zcashZcash (ZEC) $ 39.10
  • bittorrentBitTorrent (BTT) $ 0.00000063
  • aerodrome-financeAerodrome Finance (AERO) $ 0.719374
  • super-oethSuper OETH (SUPEROETH) $ 2,709.19
  • jasmycoinJasmyCoin (JASMY) $ 0.012563
  • saros-financeSaros (SAROS) $ 0.230709
  • pendlePendle (PENDLE) $ 3.67
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,895.41
  • wrapped-hypeWrapped HYPE (WHYPE) $ 40.12
  • pyth-networkPyth Network (PYTH) $ 0.102469
  • usual-usdUsual USD (USD0) $ 0.997838
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 109,331.00
  • tezosTezos (XTZ) $ 0.552090
  • newton-projectAB (AB) $ 0.008606
  • tbtctBTC (TBTC) $ 109,245.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,709.28
  • walrus-2Walrus (WAL) $ 0.415123
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,798.73
  • syrupMaple Finance (SYRUP) $ 0.515510
  • flowFlow (FLOW) $ 0.345626
  • falcon-financeFalcon USD (USDF) $ 0.995259
  • decentralandDecentraland (MANA) $ 0.277312
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 109,430.00
  • coredaoorgCore (CORE) $ 0.502241
  • ripple-usdRipple USD (RLUSD) $ 0.999858
  • bitcoin-svBitcoin SV (BSV) $ 25.05
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,709.21
  • true-usdTrueUSD (TUSD) $ 0.997203
  • apecoinApeCoin (APE) $ 0.617147
  • thorchainTHORChain (RUNE) $ 1.38
  • morphoMorpho (MORPHO) $ 1.48
  • chain-2Onyxcoin (XCN) $ 0.013794
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999804
  • venomVenom (VENOM) $ 0.222726
  • based-brettBrett (BRETT) $ 0.046018
  • staked-hypeStaked HYPE (STHYPE) $ 40.11
  • mog-coinMog Coin (MOG) $ 0.000001
  • memecoreMemeCore (M) $ 0.282012
  • usddUSDD (USDD) $ 1.00
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.174145
  • dexeDeXe (DEXE) $ 7.77
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004381
  • beldexBeldex (BDX) $ 0.061160
  • apenftAPENFT (NFT) $ 0.00000044
  • kavaKava (KAVA) $ 0.400983
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007397
  • heliumHelium (HNT) $ 2.33
  • starknetStarknet (STRK) $ 0.117685
  • stader-ethxStader ETHx (ETHX) $ 2,870.90
  • dydx-chaindYdX (DYDX) $ 0.554618
  • usdbUSDB (USDB) $ 0.999392
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • neoNEO (NEO) $ 5.73
  • compound-governance-tokenCompound (COMP) $ 42.57
  • elrond-erd-2MultiversX (EGLD) $ 13.97
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • conflux-tokenConflux (CFX) $ 0.076514
  • movementMovement (MOVE) $ 0.145908
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 112,506.00
  • ecasheCash (XEC) $ 0.000019
  • aioz-networkAIOZ Network (AIOZ) $ 0.316859
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,686.81
  • deepDeepBook (DEEP) $ 0.148021
  • ether-fiEther.fi (ETHFI) $ 0.984126
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,989.64
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.18
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999975
  • axie-infinityAxie Infinity (AXS) $ 2.22
  • eosEOS (EOS) $ 0.510982

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

0 767

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

Leave A Reply

Your email address will not be published.