Alpha Recap #36: SK Hynix Buyback, Fed Repos, and BaseApp Adopts Hyperliquid
Hyperliquid (HYPE), Bitcoin (BTC), SKHYNIX (SKHX)
Bitcoin - Blockchain Analytics
Explore Bitcoin, a Blockchain with $4,036,497,886.04 in total value locked (TVL). Get real-time metrics, charts, and insights. Data from DefiLlama.
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About Bitcoin
Bitcoin is the first decentralized blockchain, secured by proof‑of‑work where miners expend SHA‑256 hash power to find valid blocks every ~10 minutes. The supply is capped at 21 million coins, with inflation halving roughly every four years—the most recent halving occurred on 20 April 2024. Upgrades like SegWit and Taproot have enabled second‑layer protocols such as the Lightning Network and emerging covenants via OP_CTV debates.
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Protocols on Bitcoin
| Protocol | TVL | 24h | 7d |
|---|---|---|---|
 WBWBTC | $8,824,979,784 | +0.21% | +22.44% |
 BIBinance Bitcoin | $5,274,560,444 | +0.13% | +22.44% |
 BABabylon Protocol | $3,012,913,043 | +0.16% | +16.33% |
 FUFunction FBTC | $662,583,081 | +0.14% | +22.16% |
 BABackpack | $422,954,150 | +0.42% | +8.49% |
 THTHORChain DEX | $61,571,078 | +0.09% | +15.16% |