Whereas many crypto customers contemplate Bitcoin as a digital worth of worth, there are numerous Layer-2 options on the Bitcoin blockchain to unlock the hidden potential of BTC.
Immediately reported by Phoenix Group reported the highest 10 Bitcoin-based block chains from TVL. The time period “TVL” is commonly used within the Defi panorama. It refers to an strategy to measure how a lot worth is locked within the good contract of a blockchain. The upper the TVL, the extra acceptance a blockchain has within the Defi Ecosystem.
Prime #Bitcoin-driven block chains by TVL #Core #bitlayer #bsquared #bob #rootstock #ailayer #MerLin #Merlin #bouncebit #M Approtocol pic.twitter.com/6avtt5yckuu
– Phoenix – Crypto Information & Analytics (@PNXGRP) February 16, 2025
Prime 10 block chains on Bitcoin
Nuclear chain
Based on the Phoenix knowledge, the core chain emerged as the highest protocol on the Bitcoin community. With its $ 668 million TVL, Core Chain is the most important Bitcoin-based blockchain. It’s a BTC-oriented blockchain that makes use of Bitcoin miners and holders to safe its good contract platform. It’s designed to unleash the ability of each BTC and the Bitcoin community within the Defi Ecosystem.
Bitlayer
Bitlayer secured the second place with $ 406 million TVL. It’s a Bitcoin L2 resolution that focuses on enhancing the Bitcoin ecosystem by way of innovation, a wide range of property and safe scalability.
Bsquared Community
Bsquared Community is third with a TVL of $ 369 million. It’s a Bitcoin Layer-2 resolution that strives to make Bitcoin a flexible platform that may be tackled easily with numerous monetary providers and DAPPs.
Bob Community
The next is the Bob Community, which has a $ 245 million TVL, which locations it because the fourth largest Bitcoin-driven blockchain. It’s a Bitcoin-secured blockchain, a hybrid kind that integrates with the Ethereum community.
Root
When he went down, it enabled the Rootstock platform to safe the fifth place with a $ 225 million TVL. Rootstock presents Defi -Companies powered by the Bitcoin community. It’s a good contract platform with which Dapps can operate sooner, with decrease prices.
Others
Whereas Ailayer, a Bitcoin -based layer 2, adopted by a $ 210 million, took Stack’s place seven with a TVL of $ 180 million. Stacks is a Bitcoin-Laag-2 resolution with which good contracts and Dapp’s Bitcoin can use as energetic and set up transactions.
Merlin Chain, a Bitcoin Layer-2 resolution, settled in place with a TVL of $ 163 million. Bouncebit, a Bitcoin -repairing chain, assured the ninth place with a TVL of $ 61.8 million. Lastly, MAP protocol, a Bitcoin Layer-2 infrastructure, obtained visibility with its $ 21.5 million TVL.