Bitcoin DeFi sees increased interest with staked assets on Core up on the year
Core Blockchain Overview - April 24, 2025
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The Core blockchain by the numbers
Network’s daily transactions: 368.5K (-3.15%)
Total unique addresses: 48.72M (+3.44%)
ERC-20 daily tokens transferred: 78.1K (-33.13%)
Total CORE delegated: 200.77M (+9.77%)
Total BTC staked: 6,311 (+21.46%)
Top 3 Core validators by hybrid score:
The metrics are accurate at the time of publication. The percentage change is over a 14-day period.
Inside the network
🔸What we’re watching: The Core blockchain has seen staking on its network increase 15% to 6,331 bitcoin and 25% to 200.77 million CORE tokens year-to-date, according to onchain data. Of that amount, 5,000 bitcoin and 45 million CORE tokens are part of Core’s dual staking feature.
🔸Why it matters: At the beginning of the year, the amount staked for bitcoin was roughly 5,900 and 159.8 million CORE.
The rise in staked assets on Core can be representative of the increasing demand for bitcoin yield staking products. As bitcoin becomes more accepted in mainstream markets, certain investors may want a way to generate passive income without relinquishing custody of their assets. The growth since January showcases that.
The data also shows that with the integration of dual staking, users can retain control of their bitcoin while earning CORE token rewards. This is important to note because of the feature, it incentivizes users to stake both assets on the network. In turn, creating a flywheel for how users decide to choose how many assets to lock on the network.
Since dual staking is designed to allow users to unlock higher yield tiers by staking bitcoin and CORE simultaneously, it encourages bitcoin stakers to make a deeper commitment to the Core ecosystem. Institutions such as BitGo, Copper and Maple Finance, amongst others, are already incorporating Core to their services.
It can be interpreted that because of Core’s recent focus on institutional partnerships and staked assets rising alongside it, there are investors who do interact with Core’s technology. The 25% increase in staked CORE tokens, in particular, can be seen as a broader market shift toward Bitcoin DeFi (BTCfi) solutions.
🔸The bigger picture: Core’s staked asset growth and institutional focus could position it as a pivotal role in the growing BTCfi ecosystem. The network has shown that it can attract users and have them stake their assets on Core.
As interest in bitcoin yield products continues to rise, Core’s ecosystem can be well-equipped to meet this demand. By offering a model that balances accessibility for retail and institutional users, Core could be an even more attractive landing place for bitcoin investors.
Scaling the ecosystem
Colend announced its token buyback program alongside its 1-year mainnet anniversary
PlayZap unique active wallets rose 36% to 141.4K on the week, according to DappRadar data
Glyph Exchange reached $160M total traded volume for its Bitcoin-powered DEX, DefiLlama data shows
Core Earn TVL hit $15M and is up more than 75% on the month (shown below)
Source: DefiLlama
Check out the Core blog for more updates.
Into the Core community
Learn about Nawa Finance’s yield generation platform via an X space
Read its product announcement release post here
The protocol also shared it hit $9M in TVL 10 days post-mainnet launch
Core DAO Institutional Contributor Hong Sun spoke about non-custodial bitcoin staking and his future regulatory outlook
Listen to Maple Finance’s conversation about how Core provides institutions and bitcoin holders to earn yield, while being able to use as collateral
Join in the fun
Want to dive deeper into the Core blockchain?
Attending Token2049 in Dubai? Check out Bitcoin Fusion to learn about BTCfi and its role in institutional adoption
Core teamed up with Glyph Exchange for users to earn rewards by engaging with its DEX, in part with the Core Ignition campaign
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This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.