Stacks Surpasses 150 Million STX in DeFi Lockdown, Bitflow Leads Innovations

• Stacks hits all-time high with over 150 million STX locked in DeFi applications.
• Bitflow emerges as a key liquidity hub on Stacks with advanced trading features.

Just DeFiLlama revealed that over 150 million STX locked constitutes the record level of total value locked (TVL) in Battery decentralized finance (DeFi) applications. This significant milestone underscores how Stacks’ DeFi ecosystem is increasingly being adopted and trusted.

With Bitflow bringing several improvements based on the successful models of Ethereum’s DeFi protocols, the Bitcoin DeFi ecosystem is also seeing continued innovation as TVL continues to grow. We explain these fascinating advances in detail in this week’s Stacks Snacks.

Bitflow: The Emerging Liquidity Hub

Announcing its protocol as the new Liquidity Hub on BatteryBitflow offers a number of sophisticated features, such as an aggregator, Deep Liquidity Curve-style stable swaps, Uniswap-style liquidity pools, and multiple trading routes.

Designed to improve trading efficiency and liquidity within the Stacks ecosystem, these features provide users with a robust range of options for their DeFi activity.

Popularity Grows for Liquid Stacking Asset (STX)

Developed by Stacking DAO, the liquid stacking asset stSTX is now the most widely available Battery based According to community leaders, this accessibility should encourage more interest and involvement in the Stacks ecosystem, fostering a more diverse and engaged community.

Community Development and Involvement Methodology. Btc, a prominent member of the Stacks community, shared Hiro’s Signer Dashboard, which, after the Nakamoto The sBTC upgrade and launch now has over 30 signers. Within the Stacks ecosystem, this infrastructure improvement facilitates safer and more efficient transactions.

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Ortege, meanwhile, has announcement that user engagement for StackingDAO increases significantly as unique Liquid Stackers approach the 25,000 mark. Grayscale also released an in-depth “STX Deeper Dive” that provides an in-depth analysis of the outlook and future of STX in the greater cryptocurrency space.

As of this writing, STX is trading at around $1.72up 6.60% in the last 24 hours. Earnings of 1.85% Last week’s results are indicative of this optimistic trend and growing investor interest in STX.

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