My 2026 thesis has been BTC becoming DeFi-efficient, and $STRC pushed that further than I expected.
The
@Starknet numbers say the shift is still early though.
1,099.9 BTC has bridged in, and only 312.7 BTC of it, a 28.43% utility ratio, is actually deployed. The other 787 BTC just sits idle, more than 2.5x what's working.
Found this on Midas by
@Aegis_fyi, the closest thing to an explorer built for BTCFi specifically, tracking movement across
@vesuxyz,
@EkuboProtocol and
@avnu_fi in one place instead of checking each protocol separately.
Not sponsored, just flagging it because it's the kind of tooling BTCFi has been missing.
Worth a bookmark if you're tracking this closely.