What does $7B in idle Bitcoin tell us about BTC’s role in DeFi? Of the ~$7B of BTC on AAVE’s Ethereum deployment, only about $220m is being borrowed at a rate of less than 0.25%. This contrasts with other tokens like ETH and USDC, whose utilizations, borrow rates, and lending

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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