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A Rootstock executive told The Block that demand for Bitcoin-native decentralized finance is real but narrow, characterizing the user base as concentrated in "small-but-deep pockets" — a description that cuts against both the hype and the dismissiveness that tend to dominate $BTC DeFi commentary.
What "Small-but-Deep" Actually Signals The phrase is doing meaningful work.
It suggests that while Bitcoin DeFi has not attracted a broad retail wave, the participants who are active are engaged at significant depth — likely in terms of capital deployed or protocol usage, rather than raw wallet counts.
That profile looks less like a consumer product gaining traction and more like an institutional or power-user layer still in early formation.
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