BTCFi TVL jumps 22x to 7,000,000,000 USD, but trust remains an issue

BTCFi’s total value locked surged from 304,660,000 USD in January 2024 to 7,050,000,000 USD in July 2025, reflecting over a 22-fold increase, fueled by new protocol launches and rising BTC prices.

However, 36% of users refrain from using BTCFi due to trust issues, highlighting security risks as a major concern. Despite its security features, developing on Bitcoin is seen as more challenging than on other platforms like Ethereum.

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