Pantera Capital, a crypto investment institution, recently released a research report stating that based on historical data, comparing the Ethereum ecological DeFi applications accounting for between 8% and 50% of Ethereum’s market value, the total value of DeFi applications on Bitcoin is expected to reach 225 billion. USD (25% of Bitcoin). Over time, it could be between $72 billion and $450 billion (8% and 50%) (based on current Bitcoin market cap assumptions).
In addition, the final valuation of the leading DeFi application in the Bitcoin ecosystem may reach US$20 billion (2.2% of Bitcoin), ranging from US$6.5 billion to US$40 billion. This would place it among the top 10 most valuable assets in the crypto ecosystem.