Castle Labs released a report stating that approximately 311,000 BTC are currently deployed in DeFi lending, BTC staking, DEXs, and yield vaults, accounting for about 1.5% of the 20.05 million BTC mined so far. In comparison, around 32.5% of ETH's circulating supply is staked to earn native rewards. The report suggests that despite Bitcoin's asset scale of roughly $1.3 trillion, its financial utilization rate remains relatively low. Key reasons include Bitcoin's lack of a native staking mechanism and holders' cautious approach toward custody, cross-chain bridges, smart contracts, and counterparty risks. Currently, BTC-related assets make up about 7% of DeFi TVL, with a total value of approximately $5.2 billion. https://(wublock123.com)/news/castle-labs-btc-financial-utilization-1-5-percent-66130