Bitcoin DeFi’s 2025 projections – After > 600% TVL hike in 2024, what next? – BitRss

• Bitcoin DeFi TVL soared 600% in Q1 2024 and could climb higher in 2025
• Babylon leads with $5.5B of locked BTC as demand for BTC yield increases

Bitcoin [BTC] DeFi TVL (total value locked) soared by nearly 600% in Q1 2024, with experts now projecting more growth in 2025 ahead of key L2 launches. In fact, recent DeFiLlama data indicated that a record high of over 70k BTC (Worth $6.68 billion) has been locked across its DeFi ecosystem. 

This was a sharp hike from about 13k BTC locked as of October, underscoring a vibrant DeFi ecosystem. Hence, the question – What’s driving the BTC renaissance and what’s next in 2025? 

Babylon leads BTC DeFi

From a protocol ranking perspective, Babylon, the latest restaking platform on the network, dominated with over 90% of the BTC DeFi TVL. It had $5.5 billion of TVL, underscoring immense investor trust in the protocol. 

In fact, Babylon’s TVL soared by nearly 150% over the past month, as investors rushed to stake their BTC for yield.