
BTCFi, or Bitcoin-based decentralized finance (DeFi), has surged over 22x in TVL since January 2024, driven by new protocols and institutional inflows, but still faces adoption hurdles due to trust.

BTCFi, or Bitcoin-based decentralized finance (DeFi), has surged over 22x in TVL since January 2024, driven by new protocols and institutional inflows, but still faces adoption hurdles due to trust.

Despite the rising DEX-to-CEX ratio, centralized exchanges still lead in the crypto spot market, posting $3.9 trillion in trading volume, compared to $877 billion for DEXs.

Despite the rising DEX-to-CEX ratio, centralized exchanges still lead in the crypto spot market, posting $3.9 trillion in trading volume, compared to $877 billion for DEXs.

This episode of the Clear Crypto Podcast uncovers how Bitcoin is shedding its passive role and becoming a usable financial tool through wrapped assets, bridges and new DeFi use cases.