Staking has become a central component of BitcoinFi, with over 68,500 bitcoins locked, amounting to a total value locked (TVL) of $7.39 billion. Three protocols—Babylon, Solv, and Lombard—dominate the market, controlling about 85% of the TVL. Staking Dominance and Market Concentration Staking has emerged as the “core engine of BitcoinFi,” locking up more than 68,500 […]
Source: https://news.bitcoin.com/bitcoinfi-booms-7-39b-in-btc-locked-as-staking-takes-center-stage/