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Posted: 2025-04-25 22:05:16 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-25 22:36:28 UTC
Verified By
Rollup News
This article discusses the importance of the Union BTC bridge in connecting Ethereum's liquidity to DeFi on Bitcoin. It highlights the disparity between Bitcoin's market cap and the amount locked in DeFi, emphasizing the need for interoperability solutions like Union to scale DeFi across different ecosystems.
Bitcoin's market cap is over $1.8 Trillion USD, but only $4B is locked on DeFi on Bitcoin.
Interoperability solutions are needed to move wrapped Bitcoin across various DeFi protocols.
The Union BTC Bridge connects Babylon to Ethereum, Corn (Arbitrum), and BOB (Optimism), facilitating liquidity flow.
Limited Bitcoin in DeFi: Only 0.22% of Bitcoin's total valuation is locked in DeFi protocols.
Interoperability Needs: The necessity for solutions to facilitate the movement of wrapped Bitcoin across different DeFi platforms.