Over 76% of tokenized bitcoin have been minted by Wrapped Bitcoin.
A pool of sBTC, renBTC and WBTC is helping Synthetix draw the attention of DeFi's growing horde of yield farmers.
Prices for ren, the token for the RenVM DeFi network, experienced a great week, as the demand for bitcoin rises on DeFi.
The most popular way to use bitcoin off-chain is on Ethereum, recent data indicates.
RenBTC, the latest implementation of bitcoin on the Ethereum blockchain, quietly went live this week, though the general public can't yet mint thier own tokens.