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Botanix Wind-Down Tests Demand for Bitcoin DeFi

2026-06-26 07:36:01

Abstract generation in progress

Botanix is winding down after nearly four years of work and 25 million transactions, citing demand rather than a hack or regulatory shock. DeFiLlama’s dashboard shows $4.12 billion of total value locked across Bitcoin DeFi protocols. Speakers said many users still prefer wrapped BTC on mature EVM venues with deeper liquidity and broader integrations.

BTC-3.32%

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