Reading Time: 2 minutesBitcoin DeFi TVL has increased by over 22x between January 2024 and now The TVL rose from slightly above $300 million at the start of 2024 to over $7 billion as of the time of writing The rise is attributed to the launch of new Bitcoin-powered DeFi protocols The total value locked (TVL) in DeFi protocols on the Bitcoin blockchain skyrocketed by 22x between January 1…
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