Top 3 Best DeFi Ecosystems in the BTC Ecosystem
@Lombard_Finance
@SolvProtocol
@build_on_bob
1. Lombard is the leader in BTCfi, controlling half of the TVL in Babylon. The team is working very hard on the adoption and distribution of their main product - $LBTC. The number of DeFi integrations has already exceeded 70. A huge metric for a protocol that was launched less than a year ago.
2. Solv is the second largest BTCfi protocol, which has also made deep adoption into various DeFi apps with SolvBTC. Their main focus right now is on the BNB chain ecosystem, where they are the leader among BTCfi.
3. BOB is an innovative L2 that is building technology on top of the Ethereum and Bitcoin blockchain simultaneously. They have the best DeFi ecosystem compared to other BTC L2s and in my subjective opinion, the best UI/UX in their DeFi marketplace. Although they are stagnant now, the team is making the right steps towards DeFi adoption. Sooner or later this will give a strong result.
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