Bitcoin News Today: BitcoinFi Shifts Focus to Usable Products With $10 Billion in TVL Secured

Maestro, a leading BitcoinFi infrastructure provider, has published the “State of BitcoinFi,” a detailed report examining the evolution of Bitcoin’s financial ecosystem and highlighting a shift from scaling infrastructure to usable financial products. The report, developed in collaboration with the BitcoinFi Accelerator, assesses BitcoinFi protocols, market dynamics, and institutional adoption trends, underscoring the emergence of Bitcoin as a core component of global finance [1].

The report identifies staking and lending as key areas where BitcoinFi is achieving product-market fit, with over ₿68.5K ($7.39 billion) in total value locked (TVL). Additionally, $3.32 billion in BTC is engaged in restaking mechanisms, indicating that BitcoinFi secures more than $10 billion in value through yield-generating protocols. Babylon, with $4.79 billion in TVL, leads in staking, while projects such as Solv, Lombard, and CoreDAO are advancing liquid staking tokens (LSTs) and dual-token security models. In the lending space, Liquidium has emerged as an early leader with over $500 million in volume [1].

Programmability layers are also gaining traction, with $5.52 billion (52,000 BTC) in TVL for Bitcoin L2s and scaling solutions. These layers enable BTC-native smart contracts and asset issuance while preserving self-custody and settlement guarantees. Stacks experienced significant growth in Q2 2025, increasing TVL by more than 100% and adding approximately 2,000 BTC. Although sidechains still hold the most BTC in BitcoinFi, the ecosystem is diversifying into rollups and execution layers [1].

Runes, Ordinals, and BRC-20s accounted for 40.6% of all Bitcoin transactions in the first half of 2025, demonstrating the rising popularity of Bitcoin-native tokens. BRC-20s alone generated $128 million in daily trading volume, while Ordinals saw a strong recovery, with over 80 million inscriptions created by mid-2025. This led to 6,940 BTC ($681 million) in fees. Although Runes saw a sharp decline in minting and trading activity by late 2024, activity rebounded in March and April 2025 [1].

Stablecoins are also gaining a foothold in the Bitcoin ecosystem, with $860 million in TVL and a 42.3% quarter-on-quarter increase. CDP-based stablecoins, such as Avalon’s USDa ($559 million), have shown early traction. The emergence of high-yield stablecoins, like Hermetica’s 25% APY offering, reflects the growing demand for income-generating assets [1].

In terms of venture funding, BitcoinFi saw a resurgence in the first half of 2025, with $175 million raised across 32 rounds. Of these, 20 deals focused on DeFi, custody, or consumer applications, signaling a shift toward demand-driven products. This shift highlights the maturation of infrastructure and the transition toward usability-focused development [1].

Maestro’s infrastructure tooling, including indexers, wallets, and explorers, has matured rapidly, supporting the development of both consumer and institutional applications. The company powers over 250 applications and continues to play a pivotal role in scaling Bitcoin’s financial ecosystem [1].

Source: [1] Maestro Releases the ‘State of BitcoinFi’ Report: A Clear Shift from Scaling Infrastructure to Usable BitcoinFi Products (https://coinmarketcap.com/community/articles/689589f8eb576f66e0d115a9/)