Stacks concluded 2025 as a leading layer in Bitcoin’s DeFi infrastructure, achieving a total value locked (TVL) of $545 million in sBTC and facilitating over 20,000 average daily transactions. The maturity of Bitcoin’s DeFi ecosystem was marked by significant recent innovations, including the uncapping of sBTC in September and the launch of Dual Stacking in October, which allows Bitcoin holders to mint sBTC and earn rewards. Additionally, the activation of Clarity 4 has enhanced smart contract functionality and security, positioning Stacks as a key player in Bitcoin’s productive financial landscape with live institutional rails supporting liquidity.
Stacks closes 2025 with $545M sBTC TVL and active DeFi infrastructure
