Defi on Bitcoin Soars as RSK Total Value Locked Crosses 1.445K BTC

Recently launched Decentralized Exchange (DEX), Sovryn, has helped Bitcoin layer-2 platform, RSK, surpass 1,400 BTC in total value locked (TVL).

To clarify, RSK has a current TVL of 1,445 BTC, over 259,000 smart contract transactions, and almost 50,000 active users. As a result, RSK Network exceeded fellow Bitcoin-based blockchain Lighting Network for the first time. In addition, the high value of TVL is proof of the growing demand for DeFi on the Bitcoin network

submitted by /u/Wild_Attitude
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