less than 1% of bitcoin's $1.5t market cap sits in defi. ETH is at 30%, SOL at 20%. hashi is betting sui validators running bitcoin full nodes can close that gap without centralized custody. 100+ validators with MPC threshold signatures replacing bitgo/coinbase as the trust layer. the problem: WBTC already has $10b+ TVL on ethereum, stacks and RGB have ideological alignment with bitcoin maxis, and sui total defi TVL is $800m. hashi doesn't just need product market fit, it needs sui to win the entire L1 race ...

$7.5b in wrapped BTC on ethereum vs $510m on lightning network. 14.7x more bitcoin economic activity happens on ethereum than on bitcoin's own L2. coinbase launched cbBTC in september and already sits at $1.8b TVL. lightning TVL has been flat at ~$500m for 24 months straight. aave alone earns $18m annually from WBTC collateral. bitcoin's most productive use case beyond store of value is as DeFi collateral on ethereum, not payments on lightning. the market chose yield over ideology and it wasn't close. it is ...

Season 2 drops tomorrow, more Native’s rewards are brewing. ⏳Subscribe WETH or WBTC in @native_fi promoted pools to earn a share of 150,000 USDC Boosted APR reward via #BinanceWallet Earn.Already holding from Season 1? Just keep your position and keep earning in Season 2!Check out now ⤵️https://t.co/P3VipVWzkz ...