Bitcoin DeFi: Stacks Ecosystem

The nascent ecosystem is quickly FILLING UP.

If you use the Ethereum ecosystem as a model, the Bitcoin ecosystem is in its early stage.

Wallets are the DIGITAL IDENTITY in a decentralized ecosystem. Decentralized Exchanges allow the trading of tokens, and DeFi LIQUIDITY PROVIDERS allow users to earn yield or borrow assets.

Leather.io is a wallet for the Bitcoin DeFi world that supports Bitcoin L2 tokens like STX, and also Ordinals and BRC-20 tokens. It supports stacking through LockStacks and Stacking DAO.

ALEX is the DEX, and Zest Protocol is the liquidity provider.