Methodology

BitcoinXDeFi Analytics tracks Bitcoin DeFi ecosystem activity using public data sources and transparent filtering logic.

Market Data

Bitcoin price, market capitalization, and 24-hour price change are sourced from CoinGecko.

Protocol Data

Protocol TVL and category data are sourced from DeFiLlama. The dashboard filters for Bitcoin-related protocols, including BTC staking, wrapped BTC systems, bridges, Bitcoin Layer 2 ecosystems, and related BTCFi infrastructure.

Excluded Categories

Centralized exchanges are excluded from the main protocol watchlist because they represent custody and liquidity gateways rather than decentralized protocol activity.

Wrapped BTC Distribution

Wrapped BTC market cap distribution is estimated using public market capitalization data for major wrapped or bridged BTC assets.

Limitations