Cardano’s Charles Hoskinson Sees Bitcoin DeFi at its Center

Cardano founder Charles Hoskinson believes that blockchain platform Cardano is poised at the forefront of Bitcoin-based decentralized finance (DeFi). He highlights how while Ethereum and Solana have dominated DeFi, Bitcoin’s potential remains largely untapped. Hoskinson argues that Cardano sits at the center of this opportunity, noting its Bitcoin DeFi market size is four times larger than Solana’s total value locked (TVL), according to data from DefiLlama.