Botanix is winding down after nearly four years of development, following about 25 million transactions, with the team citing demand-related reasons rather than a hack or a regulatory shock.
According to NS3.AI, DeFiLlama data shows Bitcoin DeFi protocols collectively hold $4.12 billion in total value locked.
Speakers attributed Botanix’s challenges to user preferences, saying many participants continue to favor wrapped BTC on established EVM-based venues that offer deeper liquidity and wider integrations.
Botanix Winds Down After Nearly Four Years as Bitcoin DeFi TVL Reaches $4.12 Billion
2026-06-25 23:19:46
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
世界杯 | 科特迪瓦2-0库拉索晋级32强
