The DeFi world is growing rapidly, but Bitcoin is not part of it. In the DeFi world, Ethereum is currently the number one player, with its decentralized apps (DApps) like Uniswap, Compound, and Maker.
Decentralized finance around Bitcoin simply doesn’t exist–at least not in any significant way–despite the fact that Bitcoin has more than tripled in value over the past year. Indeed, the total value locked up in Bitcoin-backed DApps amounts to a paltry $182 million, according to DeFi Pulse.
With 25.49% of the total TVL, $CORE leads in #BTCFi. This reflects higher user trust, greater liquidity, and broader use than its competitors. #Core's dominance makes it the most reliable and stable choice for those seeking security and growth in BTCFi.#JustUseCore #Crypto pic.twitter.com/w5sCb8jzvf
— CryptoRoar (@CryptoRoar07) March 24, 2025
The prominence of $CORE in the BTCFi space illustrates more than just its market standing; it underscores the CoreDAO ecosystem’s effectiveness and allure. The ecosystem is seeing consistent growth and adoption, powered by an array of integrated projects that supply a revenue stream and make the BTCFi space more useful and appealing. $CORE has more than 50% of the total locked value in its BTCFi products (that’s a pretty healthy growth factor). And it is now the dominant player in BTCFi products (which is more than just a place with a peachy user interface: those BTCFi products have some $-value attached to them).
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The CoreDAO Ecosystem: A Broad Range of Partners Driving Growth
The $CORE ecosystem keeps gaining momentum, driven by the appearance of numerous projects that instil it with the kind of “liquidity” and “utility” that decentralized financial structures need to thrive. In addition to the performance of the $CORE token itself, which is leading a sector we call “BTCFi,” a number of high-performing projects in the DeFi space around CoreDAO have since unfurled their sails. And the total value locked (TVL) in these projects offers a glimpse at the kind of diverse capabilities that the $CORE ecosystem is crystallizing.
These projects include CoreSwap, CoreDEX, CoreBNB, and Adax.pro.
The key projects in the CoreDAO ecosystem are @DesynLab, @colend_xyz, and @Pell_Network. These projects have an incredible amount of trust and activity among users, as demonstrated by their TVL amounts. They are clearly driving the engagement and momentum of the Core ecosystem.
1. @DesynLab: TVL = $191.63 million, making it one of the top projects in both Core and the greater Web3 space.
2. @colend_xyz: TVL = $131.35 million, showing a very impressive amount of user interest and engagement.
CoreDAO’s appeal is even further enhanced by @Pell_Network, which has $113.97 million secured in its platform. Other contributors to the ecosystem include:
• @BitFluxFi, with a total value locked of $99.49 million.
• @SumerMoney, with a total value locked of $91.66 million.
• @avalonfinance_, with a total value locked of $70.87 million.
🍊@Coredao_Org Ecosystem Total Value Locked Distribution
Mapping out the TVL distribution within CORE thriving DeFi ecosystem.
🔸@DesynLab – $191.63M
🔸@colend_xyz – $131.35M
🔸@Pell_Network – $113.97M
🔸@BitFluxFi – $99.49M
🔸@SumerMoney – $91.66M
🔸@avalonfinance_ – $70.87M… pic.twitter.com/dlEmTJ5ubE— Bitcoin Ecosystem (@BitcoinEcoTK) March 26, 2025
All these projects are helping to shape the CoreDAO ecosystem into a vibrant hub of DeFi innovation.
Yet farther down the list, still playing a significant role, are @b14g_network, Core Earn, and @glyph_exchange, each contributing their own distinct offerings and ambiance to the community, as diverse outfits do in any neighborhood. @b14g_network has $12.76 million under management. Core Earn, with its own distinct vibe, has $8.08 million. @glyph_exchange, very much in tune with the others, adds $6.31 million under management.
These outfits together are part of the BTCFi scene. They serve the community in particular ways, really hitting four quadrants of a Bitcoin Finance neighborhood. Almost a phrase I would never use in 2023: Bitcoin Finance.
CoreDAO’s Strong Position in the BTCFi Sector
BTCFi TVL’s largest share, $CORE, shows not only the platform’s leadership but also its capacity to draw in huge amounts of liquidity. Liquidity is trust in this space. Users of decentralized financial products need to feel secure that things won’t break. They just won’t engage if there’s even a whisper of doubt that everything is okay.
$CORE dominates the DeFi space because its reputation is rock-solid, and increasingly, people are coming to see the strength of the CoreDAO ecosystem in providing secure, scalable Bitcoin-based financial solutions. Those solutions run the gamut. $CORE integrates a ton of platforms and protocols, which means from a user perspective, $CORE is an access point to all kinds of Bitcoin-secured, DeFi financial services.
This broad ecosystem, made up of diverse projects with different use cases, offers a comprehensive suite of options for investors, traders, and developers within the BTCFi space. CoreDAO’s ability to seamlessly integrate these projects and to grow its TDL share is a testament to the strength of its ecosystem and its potential to drive, y’all, yet more BTCFi growth in the coming months and years.
The Future of $CORE and the BTCFi Ecosystem
The future seems bright for $CORE and the bigger BTCFi ecosystem. The total value locked in the CoreDAO ecosystem is showing us that not just users but also institutions are seeing the value proposition of engaging with DeFi protocols built on Bitcoin. As this sector expands, it’s very likely that $CORE will maintain its position as something akin to a Bitcoin 401(k), continuously attracting new projects and users to its ecosystem.
In addition, CoreDAO stands to benefit greatly from the surging demand for decentralized finance products that are backed by Bitcoin, putting it in an excellent place to take advantage of the much-hyped DeFi adoption. With the promise of Core now working its way into many different projects, these next few months should be filled with excitement as we see what sorts of unusual (in a good way) products are likely to come out of these experiments.
As trust grows among users, and they continue to take part in BTCFi, the $CORE positioned right now to be even less influential in a rapidly space, where security, liquidity, and innovation are crucial, could all of a sudden start being more influential. This is particularly the case because security, liquidity, and innovation are absolutely what $CORE has been offering. Following is an outline of the three pillars in which $CORE offers a reliable and stable choice for users. And a big part of this play for BTCFi is that $CORE is now absolutely for real.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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