BitcoinBTC

Bitcoin's fee pool and ETF rails pull value to miners, exchanges, and the chains that host wrapped BTC liquidity.

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Theme · Security & liquidity rails

Where value flows~$25.0B / yr · est. 2025

Miner revenue (est.)$14BExchange & custody fees$9BWrapped-BTC DeFi fees$2B

Value flows left → right · hover a node · click to open the coin.BridgingExchangeInfrastructure

Most exposed to BTC's ecosystem

Mining poolsoff-chainOn-chain
Pool fees on block rewards and transaction fees.
Infrastructure
EthereumETHOn-chain
Dominant venue for wBTC DeFi and collateral.
Bridging
BNBBNBCurated
Spot and perps liquidity on Binance.
Exchange
SolanaSOLCurated
Growing BTC liquid-staking and bridge volume.
Bridging
LitecoinLTCCurated
Shared mining culture and payment-use overlap.
Infrastructure

Relationships are hand-curated from on-chain metrics, protocol docs, and public reporting — a map for generating ideas, not a complete value chain, and not investment advice. Exposure weights are relative, for sizing only.