Bitcoin News Today: BitcoinFi Shifts Focus to Usable Products as $10B Locked in Staking and Lending

Maestro, a leading BitcoinFi infrastructure provider, has published the “State of BitcoinFi” report, highlighting a notable transition in the Bitcoin financial ecosystem from infrastructure development to the launch of usable BitcoinFi products [1]. The report offers a detailed analysis of protocol performance, market trends, institutional perspectives, and venture funding within the BitcoinFi space [1].

According to the report, staking and lending have emerged as key areas where BitcoinFi is achieving product-market fit. Over ₿68.5K ($7.39 billion) is currently locked in staking protocols, with an additional $3.32 billion in restaking activity. This means that BitcoinFi now secures more than $10 billion in value through yield-generating protocols. Babylon leads with $4.79 billion, while Solv, Lombard, and CoreDAO are innovating with liquid staking tokens and dual-token security models. Liquidium has also gained early traction in Bitcoin-native lending with $500 million in volume [1].

Programmability layers, including Bitcoin L2s and scaling solutions, hold $5.52 billion (52k BTC) in TVL, reflecting strong developer and user demand. Stacks has shown significant growth in Q2, with TVL more than doubling. While sidechains still hold the most BTC in the BitcoinFi ecosystem, the architecture is expanding rapidly, with rollups and execution layers gaining attention [1].

Metaprotocols such as Runes, Ordinals, and BRC-20s accounted for 40.6% of all Bitcoin transactions in the first half of 2025. BRC-20 daily volume has increased to $128 million, and Ordinals experienced a recovery in mid-2025, with over 80 million inscriptions created and generating 6,940 BTC ($681 million) in fees. Runes activity saw a decline in 2024 but rebounded in March and April 2025 [1].

Stablecoins are also gaining traction in the Bitcoin ecosystem, with TVL reaching $860 million, a 42.3% quarter-over-quarter increase. CDP-based stablecoins like Avalon’s USDa ($559 million) have shown early success. High-yield stablecoins, such as Hermetica’s offering with 25% APY, reflect the demand for income-generating assets [1].

Venture funding for BitcoinFi surged in the first half of 2025, with $175 million raised across 32 rounds. The focus has shifted from infrastructure to consumer and institutional applications, with 20 out of 32 deals in H1 2025 targeting DeFi, custody, or consumer apps. This shift indicates a pivot toward usability and demand-driven products [1].

BitcoinFi infrastructure has rapidly matured, with robust tools for indexers, wallets, explorers, and marketplaces. Maestro’s infrastructure platform powers over 250 applications, supporting the development of both consumer and institutional financial services [1].

Marvin Bertin, Co-Founder and CEO of Maestro, emphasized that TradFi and DeFi are converging into a Bitcoin-denominated capital market. He noted that the critical components for on-chain financial apps on Bitcoin are now in place, signaling a transformation from a static reserve asset into a dynamic financial network [1].

Maestro collaborated with the BitcoinFi Accelerator to prepare the report. The full report is available through the company’s official channels [1].

Source: [1] Maestro Releases the ‘State of BitcoinFi’ Report: A Clear Shift from Scaling Infrastructure to Usable BitcoinFi Products (7 Aug) (https://coinmarketcap.com/community/articles/6894aa3f8e030a50e32ca208/)