[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Eugene Bulltime [@Eugene_Bulltime](/creator/twitter/Eugene_Bulltime) on x 2290 followers Created: 2025-07-24 11:54:45 UTC Another Reason I’m Bullish on BTCfi Today, the largest DeFi ecosystems are Ethereum and Solana — with Bitcoin’s ecosystem trailing behind. To evaluate the potential for BTCfi growth, I compared the ratio of DeFi TVL to network market cap: Ethereum – XXXXX% Solana – XXXX% BTC Ecosystem – XXXX% In simple terms: Roughly X in X dollars on Ethereum and X in XX on Solana is used in DeFi. For Bitcoin, it’s just X in XXX. Despite a respectable $7B TVL, BTC DeFi is still in its infancy. The gap is striking — and the reason is clear: building on Bitcoin is incredibly difficult, both technically and economically. And yet, this ecosystem only began growing in earnest about a year ago. You could argue that progress has been slow — but in reality, it’s been faster and more organic than any other major ecosystem at a similar stage. Is This the Limit? Absolutely Not. XXXX% is negligible for the strongest, most trusted asset in crypto history. This number is bound to rise. Let’s look at the upside: BTCfi adoption at just X% of Bitcoin’s market cap (a realistic estimation) would represent a 17x increase from current levels. That would put BTC DeFi TVL at $112B, surpassing Ethereum. Some may call this unrealistic — but the reality is, TradFi will not let capital sit idle. BTCfi is the obvious bridge between passive BTC holdings and productive capital. The Two Current Leaders in BTCfi: X. @Lombard_Finance X. @babylonlabs_io But with Lombard’s new approach — Bitcoin Capital Markets — it becomes not only independent of Babylon, but targets a much larger market. Lombard will be the primary gateway for institutional capital entering the BTCfi space. That’s why I believe it will be the first protocol to see exponential product growth. And as it leads the charge, new protocols will inevitably follow — opening up the next frontier of the Bitcoin economy. ________________________________ This isn’t a dream — it’s a longterm strategy and vision BTCfi is just getting started ====================================== If you liked the research, plz like/retweet and follow to @Eugene_Bulltime  XXXXX engagements  **Related Topics** [market cap](/topic/market-cap) [coins btcfi](/topic/coins-btcfi) [ethereum](/topic/ethereum) [coins layer 1](/topic/coins-layer-1) [solana](/topic/solana) [coins defi](/topic/coins-defi) [coins made in usa](/topic/coins-made-in-usa) [coins solana ecosystem](/topic/coins-solana-ecosystem) [Post Link](https://x.com/Eugene_Bulltime/status/1948351143437860894)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Eugene Bulltime @Eugene_Bulltime on x 2290 followers
Created: 2025-07-24 11:54:45 UTC
Another Reason I’m Bullish on BTCfi
Today, the largest DeFi ecosystems are Ethereum and Solana — with Bitcoin’s ecosystem trailing behind. To evaluate the potential for BTCfi growth, I compared the ratio of DeFi TVL to network market cap:
Ethereum – XXXXX% Solana – XXXX% BTC Ecosystem – XXXX%
In simple terms: Roughly X in X dollars on Ethereum and X in XX on Solana is used in DeFi. For Bitcoin, it’s just X in XXX.
Despite a respectable $7B TVL, BTC DeFi is still in its infancy. The gap is striking — and the reason is clear: building on Bitcoin is incredibly difficult, both technically and economically. And yet, this ecosystem only began growing in earnest about a year ago.
You could argue that progress has been slow — but in reality, it’s been faster and more organic than any other major ecosystem at a similar stage.
Is This the Limit? Absolutely Not.
XXXX% is negligible for the strongest, most trusted asset in crypto history. This number is bound to rise.
Let’s look at the upside:
BTCfi adoption at just X% of Bitcoin’s market cap (a realistic estimation) would represent a 17x increase from current levels.
That would put BTC DeFi TVL at $112B, surpassing Ethereum.
Some may call this unrealistic — but the reality is, TradFi will not let capital sit idle. BTCfi is the obvious bridge between passive BTC holdings and productive capital.
The Two Current Leaders in BTCfi: X. @Lombard_Finance X. @babylonlabs_io
But with Lombard’s new approach — Bitcoin Capital Markets — it becomes not only independent of Babylon, but targets a much larger market. Lombard will be the primary gateway for institutional capital entering the BTCfi space.
That’s why I believe it will be the first protocol to see exponential product growth. And as it leads the charge, new protocols will inevitably follow — opening up the next frontier of the Bitcoin economy.
This isn’t a dream — it’s a longterm strategy and vision BTCfi is just getting started
====================================== If you liked the research, plz like/retweet and follow to @Eugene_Bulltime
XXXXX engagements
Related Topics market cap coins btcfi ethereum coins layer 1 solana coins defi coins made in usa coins solana ecosystem