Bitcoin Holders Remain Untapped by DeFi Market, Survey Shows

A new survey reveals a significant gap in Bitcoin holder participation within the DeFi sector, with 77% having never used blockchain-based financial applications. Despite growing interest in Bitcoin’s potential for decentralized finance (DeFi), adoption remains low due to user familiarity challenges and distrust concerns. This underscores the need for improved user education and simplified platforms if we are to see greater mainstream engagement with BTC-Fi.