• bitcoinBitcoin (BTC) $ 103,863.00
  • ethereumEthereum (ETH) $ 3,508.27
  • tetherTether (USDT) $ 0.999747
  • xrpXRP (XRP) $ 2.27
  • bnbBNB (BNB) $ 948.05
  • usd-coinUSDC (USDC) $ 0.999694
  • staked-etherLido Staked Ether (STETH) $ 3,505.61
  • tronTRON (TRX) $ 0.280838
  • dogecoinDogecoin (DOGE) $ 0.164100
  • cardanoCardano (ADA) $ 0.539284
  • wrapped-stethWrapped stETH (WSTETH) $ 4,272.74
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.01
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,816.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,793.77
  • chainlinkChainlink (LINK) $ 14.90
  • hyperliquidHyperliquid (HYPE) $ 37.82
  • bitcoin-cashBitcoin Cash (BCH) $ 496.97
  • usdsUSDS (USDS) $ 0.999656
  • wrapped-eethWrapped eETH (WEETH) $ 3,785.90
  • ethena-usdeEthena USDe (USDE) $ 0.999279
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999721
  • stellarStellar (XLM) $ 0.275509
  • leo-tokenLEO Token (LEO) $ 9.52
  • wethWETH (WETH) $ 3,509.59
  • whitebitWhiteBIT Coin (WBT) $ 52.66
  • suiSui (SUI) $ 2.05
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,804.00
  • hedera-hashgraphHedera (HBAR) $ 0.173867
  • avalanche-2Avalanche (AVAX) $ 16.52
  • litecoinLitecoin (LTC) $ 86.60
  • zcashZcash (ZEC) $ 401.31
  • moneroMonero (XMR) $ 336.22
  • shiba-inuShiba Inu (SHIB) $ 0.000009
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • the-open-networkToncoin (TON) $ 1.98
  • daiDai (DAI) $ 0.999245
  • crypto-com-chainCronos (CRO) $ 0.124881
  • usdt0USDT0 (USDT0) $ 0.998692
  • polkadotPolkadot (DOT) $ 2.58
  • mantleMantle (MNT) $ 1.24
  • bittensorBittensor (TAO) $ 416.99
  • memecoreMemeCore (M) $ 2.32
  • susdssUSDS (SUSDS) $ 1.07
  • uniswapUniswap (UNI) $ 5.16
  • usd1-wlfiUSD1 (USD1) $ 0.998855
  • aaveAave (AAVE) $ 196.00
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.109533
  • internet-computerInternet Computer (ICP) $ 5.26
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999925
  • bitget-tokenBitget Token (BGB) $ 4.03
  • okbOKB (OKB) $ 132.62
  • nearNEAR Protocol (NEAR) $ 1.88
  • pepePepe (PEPE) $ 0.000006
  • ethenaEthena (ENA) $ 0.322589
  • jito-staked-solJito Staked SOL (JITOSOL) $ 200.10
  • ethereum-classicEthereum Classic (ETC) $ 14.74
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,507.02
  • falcon-financeFalcon USD (USDF) $ 0.991845
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.07
  • solanaSolana (SOL) $ 161.68
  • tether-goldTether Gold (XAUT) $ 3,985.98
  • aptosAptos (APT) $ 2.70
  • ondo-financeOndo (ONDO) $ 0.602284
  • pi-networkPi Network (PI) $ 0.225249
  • aster-2Aster (ASTER) $ 0.924718
  • usdtbUSDtb (USDTB) $ 0.999509
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.166760
  • htx-daoHTX DAO (HTX) $ 0.000002
  • worldcoin-wldWorldcoin (WLD) $ 0.710873
  • dashDash (DASH) $ 128.62
  • kucoin-sharesKuCoin (KCS) $ 12.26
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,025.25
  • hash-2Provenance Blockchain (HASH) $ 0.029474
  • binance-staked-solBinance Staked SOL (BNSOL) $ 174.51
  • arbitrumArbitrum (ARB) $ 0.262162
  • official-trumpOfficial Trump (TRUMP) $ 7.20
  • gatechain-tokenGate (GT) $ 12.00
  • algorandAlgorand (ALGO) $ 0.157863
  • pump-funPump.fun (PUMP) $ 0.003852
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.10
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,706.74
  • pax-goldPAX Gold (PAXG) $ 3,978.85
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,683.08
  • bfusdBFUSD (BFUSD) $ 0.999692
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 37.91
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.13
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 103,866.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,764.71
  • ignition-fbtcFunction FBTC (FBTC) $ 104,580.00
  • wbnbWrapped BNB (WBNB) $ 947.89
  • vechainVeChain (VET) $ 0.014363
  • cosmosCosmos Hub (ATOM) $ 2.56
  • kaspaKaspa (KAS) $ 0.044821
  • story-2Story (IP) $ 3.70
  • skySky (SKY) $ 0.051075
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999696
  • jupiter-exchange-solanaJupiter (JUP) $ 0.348212
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,727.59
  • nexoNEXO (NEXO) $ 1.06
  • flare-networksFlare (FLR) $ 0.013487
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 103,754.00
  • filecoinFilecoin (FIL) $ 1.46
  • ripple-usdRipple USD (RLUSD) $ 0.999836
  • global-dollarGlobal Dollar (USDG) $ 0.999798
  • render-tokenRender (RENDER) $ 1.95
  • sei-networkSei (SEI) $ 0.160019
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996742
  • xdce-crowd-saleXDC Network (XDC) $ 0.053967
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014761
  • bonkBonk (BONK) $ 0.000012
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.34
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,779.36
  • fasttokenFasttoken (FTN) $ 2.01
  • morphoMorpho (MORPHO) $ 1.63
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,042.00
  • immutable-xImmutable (IMX) $ 0.423484
  • hashnote-usycCircle USYC (USYC) $ 1.10
  • clbtcclBTC (CLBTC) $ 104,861.00
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.88
  • ousgOUSG (OUSG) $ 113.16
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 185.02
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.19
  • aerodrome-financeAerodrome Finance (AERO) $ 0.824074
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,441.29
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998758
  • optimismOptimism (OP) $ 0.359341
  • celestiaCelestia (TIA) $ 0.798147
  • decredDecred (DCR) $ 39.01
  • lido-daoLido DAO (LDO) $ 0.733062
  • blockstackStacks (STX) $ 0.362757
  • msolMarinade Staked SOL (MSOL) $ 215.50
  • injective-protocolInjective (INJ) $ 6.62
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,509.28
  • tbtctBTC (TBTC) $ 103,899.00
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,694.36
  • beldexBeldex (BDX) $ 0.080791
  • the-graphThe Graph (GRT) $ 0.056243
  • curve-dao-tokenCurve DAO (CRV) $ 0.417944
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999696
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,507.84
  • usdaiUSDai (USDAI) $ 1.01
  • flokiFLOKI (FLOKI) $ 0.000059
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999794
  • spx6900SPX6900 (SPX) $ 0.608270
  • tezosTezos (XTZ) $ 0.525692
  • usual-usdUsual USD (USD0) $ 0.998055
  • stader-ethxStader ETHx (ETHX) $ 3,766.31
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.207588
  • gtethGTETH (GTETH) $ 3,505.75
  • pyth-networkPyth Network (PYTH) $ 0.093201
  • doublezeroDoubleZero (2Z) $ 0.154208
  • kaiaKaia (KAIA) $ 0.088788
  • iotaIOTA (IOTA) $ 0.125317
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999499
  • true-usdTrueUSD (TUSD) $ 0.998310
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.11
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 103,802.00
  • plasmaPlasma (XPL) $ 0.256532
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,857.91
  • cognifyCognify (SN115) $ 1,762.47
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.15
  • starknetStarknet (STRK) $ 0.104985
  • ether-fiEther.fi (ETHFI) $ 0.834557
  • swethSwell Ethereum (SWETH) $ 3,864.60
  • newton-projectAB (AB) $ 0.005469
  • sbtc-2sBTC (SBTC) $ 103,246.00
  • conflux-tokenConflux (CFX) $ 0.088348
  • sonic-3Sonic (S) $ 0.119269
  • pendlePendle (PENDLE) $ 2.65
  • the-sandboxThe Sandbox (SAND) $ 0.179602
  • bitcoin-svBitcoin SV (BSV) $ 21.99
  • bittorrentBitTorrent (BTT) $ 0.00000044
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,502.27
  • humanityHumanity (H) $ 0.238713
  • ethereum-name-serviceEthereum Name Service (ENS) $ 13.00
  • syrupMaple Finance (SYRUP) $ 0.383128
  • ghoGHO (GHO) $ 0.998916
  • ark-3ARK (ARK) $ 39.49
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.163961
  • usddUSDD (USDD) $ 1.00
  • heliumHelium (HNT) $ 2.22
  • theta-tokenTheta Network (THETA) $ 0.411102
  • dogwifcoindogwifhat (WIF) $ 0.410482
  • sun-tokenSun Token (SUN) $ 0.021363
  • galaGALA (GALA) $ 0.008759
  • usdbUSDB (USDB) $ 0.996850
  • vaultaVaulta (A) $ 0.252222
  • jasmycoinJasmyCoin (JASMY) $ 0.008337
  • satoshi-stablecoinSatoshi Stablecoin (SATUSD) $ 0.998523
  • arbitrum-bridged-wrapped-eethArbitrum Bridged Wrapped eETH (Arbitrum) (WEETH) $ 3,784.81
  • wrapped-hypeWrapped HYPE (WHYPE) $ 37.71
  • apenftAINFT (NFT) $ 0.00000040
  • decentralandDecentraland (MANA) $ 0.204767
  • zksyncZKsync (ZK) $ 0.053882
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 20.39
  • flowFlow (FLOW) $ 0.238141
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,505.55
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.20

Sui Network Launches BTCfi to Transform Bitcoin into DeFi Capital

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Sui Network Launches BTCfi to Transform Bitcoin into DeFi Capital

Bitcoin is no longer mere passively stored value. BTCfi is a new product by Sui Network that transforms Bitcoin into DeFi active capital. Users are able to trade, stake, lend, or compile complex tactics. Such a transition opens new opportunities of additional yield to the long-term stashers of Bitcoin. According to the Chainlink news, the activity on the Bitcoin network is likely to expand by 15 percent.

Programming of Move Power

Move eliminates these flaws through the secure ownership of digital assets. A study carried out by the Cybersecurity Journal in 2022 affirmed the reduced exploit risks. The developers have the capacity to develop safer lending and trade protocol of BTCfi. BTCFi flourishes when accompanied by Sui DeepBook, which is a decentralized order book. DeepBook is a liquidity pool that consolidates the liquidity of various DeFi protocols in real-time. This gets rid of the pools of fragments in other blockchain environments. Sui has benchmark figures of 120,000 transactions per second. The low fees and immediate execution will provide an optimal environment to BTCfi to trade.

Comparing Sui and Ethereum DeFi

Ethereum pioneered DeFi with Uniswap, Aave, and Compound protocols. Gas fees and network congestion often limit smaller DeFi participants. Sui’s parallel execution offers faster and cheaper transactions. DeepBook’s centralized order book style is unique versus Ethereum’s AMMs. However, Ethereum still leads in DeFi adoption and TVL dominance. BTCfi could draw Bitcoin liquidity away from Ethereum protocols.

Future of BTCfi

Sui BTCfi has connected Bitcoin to an active DeFi environment. The interest of institution increases when BTC has yield potential in the real world. More lending, staking, and derivatives tactics are in the works of developers. BTCfi presents Bitcoin as a store of, and a source of value.

Source

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