Rootstock Executive Highlights Concentrated Demand in Bitcoin DeFi Amid Liquidity Decline
The decentralized finance (DeFi) sector is experiencing a significant liquidity downturn, with total value locked plummeting from approximately $180 billion to $70 billion in under a year.
Editorial Staff
1 min read
Updated 1 day ago
According to a Rootstock executive, the demand for Bitcoin DeFi is increasingly concentrated in a few areas despite a broader decline in liquidity.
Recent data indicates that the total value locked in DeFi has decreased dramatically, falling from around $180 billion to $70 billion within the span of less than a year.
This trend raises questions about the sustainability of DeFi projects and the factors contributing to this shift in liquidity.