In contrast, Bitcoin's on-chain capital efficiency remains in its early stages. While it remains at the heart of the crypto world—with a roughly 60% market share, a market capitalization of approximately $2.4 trillion, and the world's most stable consensus network—on-chain, BTC is often viewed more as "digital gold": a safe store of value, but lacking composability, profitability, and multi-chain liquidity. Most BTC holders either hold onto their assets for the long term or rely on centralized platforms for limited interest, missing out on the vibrant on-chain financial landscape.

一个做“稳定收益 + 简单策略”；一个做“底层交易 + 托管优化”。目标不同，最终都想在CeDeFi的资金拼图中抢占更大的 TVL。

At a time when the benefits of liquidity mining are fading, "how the chain can create real demand for itself" has become a key proposition that determines the life and death of a project, and the answer given by Berachain is: let the main currency become the first beneficiary of ecological prosperity.

To sum it up in one sentence: the platform earns a lot of money, but the users have become “runner-up tools”.

In DeFi, once you authorize a contract to manage your assets, it may permanently control the entire balance in your wallet. For newbies who lack knowledge, simply clicking on "authorize all assets" may be the beginning of a "one-click liquidation."

Decentralized confidential computing (DeCC) represents a fundamental shift in the way sensitive data is handled in decentralized systems.

Smart money has already quietly boarded the train. They don’t tell stories or chase trends, but they always stay ahead of others.

FHE and cryptographic agents are rewriting the future script of Web3

How can DeFi regain its role as a “safe haven” amid structural frictions?

The battle for MEME ecosystem traffic has already begun. Who will gain users and traffic? Will Solana fall from grace?

Last week, Ethena Labs and Securitize jointly launched the Converge network, a traditional financial and digital dollar settlement network. The vision is to provide the first settlement layer blockchain designed specifically for the integration of TradFi and DeFi.

With the rapid development of large model technology, MCP, as a standardized data exchange protocol, is receiving widespread attention.

BTC price fell below $80,000. The crypto market is facing the largest liquidation since the collapse of LUNA. Investors are more sensitive to risks, and funds are flowing to projects with anti-fall properties.

February 21, 2025, is destined to be written into the history of cryptocurrencies. The world's leading exchange Bybit suffered the largest hacker attack in history, far exceeding any previous security incident.

ARK Invest, one of the most well-known investment firms in the U.S. market, listed stablecoin protocols as one of the most important trends in the coming years in its latest forward-looking "Big Ideas 2025" report.