The newest knowledge from Maestro suggests Bitcoin’s monetary stack is maturing rapidly. With $7.39 billion already staked and one other $3.32 billion in restaking, the narrative of passive HODLing is steadily being changed by energetic, on-chain capital deployment.
Abstract
- BitcoinFi protocols surpass $10b in whole worth locked, with $7.39b in staking and $3.32b in restaking, in accordance with Maestro’s H1 2025 report.
- Platforms like Babylon, Liquidium, and Stacks are main adoption throughout staking, lending, and L2 programmability.
In accordance with Maestro’s State of BitcoinFi report shared with crypto.information on August 7, the BitcoinFi ecosystem has surpassed $10 billion in whole worth locked, pushed primarily by staking and lending protocols.
The report, based mostly on protocol-level knowledge and market evaluation from H1 2025, was compiled in collaboration with BitcoinFi Accelerator, marking the primary complete evaluation of Bitcoin’s (BTC) transition from a static retailer of worth to a dynamic monetary community.
It identifies $7.39 billion in BTC staked throughout yield-bearing platforms and an extra $3.32 billion engaged in restaking methods, with Babylon, Liquidium, and Stacks rising as early leaders of their respective niches.
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Bitcoin’s on-chain monetary layer takes form
In accordance with Maestro’s report, Babylon leads the staking race with $4.79 billion in TVL, however innovators like Solv, Lombard, and CoreDAO are pushing boundaries with liquid staking tokens and dual-token fashions that improve capital effectivity. In the meantime, Liquidium has carved out an early lead in Bitcoin-native lending, processing over $500 million in quantity as demand for BTC-backed loans grows.
“We’re witnessing the convergence of TradFi and DeFi right into a Bitcoin‑denominated capital market,” Marvin Bertin, Co‑Founder and CEO of Maestro, mentioned. “For the primary time since 2009, the essential items for on‑chain monetary apps on Bitcoin are in place, spanning exchanges, lending, and stablecoins. Bitcoin is evolving from a static reserve asset right into a dynamic, productive monetary community.”
This shift is being accelerated by Bitcoin’s rising programmability layer. Scaling options, as soon as dismissed as speculative experiments, now maintain $5.52 billion in TVL—a transparent sign that builders and customers are embracing Bitcoin layer-2s for sensible contracts and asset issuance with out sacrificing self-custody. Stacks, particularly, has emerged as a standout, greater than doubling its TVL in Q2 with roughly 2,000 BTC added.
Past DeFi, Bitcoin’s metaprotocols are quietly reshaping community exercise. Maestro mentioned within the report that Runes, Ordinals, and BRC-20s accounted for 40.6% of all Bitcoin transactions in H1 2025, with BRC-20 day by day quantity reaching $128 million.
Ordinals, after a stoop in 2024, have staged a robust comeback, surpassing 80 million inscriptions and producing $681 million in charges. Even Runes, regardless of a late 2024 decline, noticed renewed curiosity in early 2025, suggesting that Bitcoin’s cultural and monetary use instances are increasing in tandem.
Stablecoins, lengthy thought-about Ethereum’s area, are additionally gaining floor in BitcoinFi. With $860 million in TVL, a 42.3% quarterly improve, tasks like Avalon’s USDa are demonstrating that Bitcoin-native stablecoins can thrive, significantly when paired with high-yield choices. This development displays a broader pattern: Bitcoin is now not only a base layer for settlements however a full-stack monetary ecosystem.
In the meantime, enterprise capital is taking discover. After a lull in funding, BitcoinFi startups raised $175 million throughout 32 offers in H1 2025, with 20 of these rounds concentrating on DeFi, custody, or client apps moderately than pure infrastructure, Maestro mentioned.
Learn extra: Tether acquires stake in Bit2Me to spice up EU, Latin America enlargement

