Pantera Capital Research Report: The total value of DeFi applications on Bitcoin is expected to reach $225 billion

ChainCatcher news, the cryptocurrency investment firm Pantera Capital recently released a research report indicating that based on historical data, comparing the proportion of DeFi applications in the Ethereum ecosystem to its market value, which ranges from 8% to 50%, the total value of DeFi applications on Bitcoin is expected to reach $225 billion (25% of Bitcoin). Over time, its scale may range between $72 billion and $450 billion (8% and 50%) (based on the current Bitcoin market value assumption).

In addition, the final valuation of leading DeFi applications in the Bitcoin ecosystem could reach $20 billion (2.2% of Bitcoin), with a range between $6.5 billion and $40 billion. This would place it among the top 10 most valuable assets in the cryptocurrency ecosystem.