Sovryn is a decentralized bitcoin trading and lending platform.
To this end, Money On Chain uses BTC as collateral for the stablecoin.
Atomic Finance allows bitcoin holders to generate yield on their BTC while retaining custody through a covered call strategy fueled by DLCs .
AlexGo is an open-source decentralized finance protocol built on Bitcoin operating on the Stacks blockchain.
DeFiChain is a decentralized protocol that offers financial services, powered by the Bitcoin network.
For instance, on the lower end of the yield range, Gemini Earn allows you to earn up to 1.49% APY on your BTC.
Whether the largely Ethereum-loving “DeFi degens” will move over to Bitcoin, however, remains to be seen.