According to TechFlow, Branden Sedo, developer of the Bitcoin sidechain Core DAO, said at the Korea Blockchain Week that Bitcoin DeFi's total locked volume (TVL) is expected to surpass Ethereum within two years.

He believes that as the value of Bitcoin grows and products such as ETFs attract institutional funds, a large amount of funds will flow into Bitcoin sidechains and DeFi applications.

Sedo pointed out that achieving this goal requires more Bitcoin holders to accept the idea of ​​putting BTC to use. Currently, Core has become the largest Bitcoin sidechain, with a total locked volume of US$314.4 million, accounting for 26.4% of the TVL of all Bitcoin sidechains.