BTC is still hovering around 83,000, but $STX has already heated up the idea that “Bitcoin can earn yield.”
What’s confirmed: Stacks’ official account stated on 10/12 that the approximately 500 BTC allocation for Bitcoin Staking Bond 2 has been fully subscribed, with more than 6.7 million STX locked alongside it. The target yield is around 3%, paid in BTC. This is the first round in which the allocation was filled primarily by Bitcoin DeFi (Stacking DAO liquid staking + the Xverse pool), rather than relying solely on whitelisted institutions.
The current Binance spot price is around 0.431, with an intraday range of 0.378–0.461, up about 11% over 24 hours, and trading volume of around $13.3 million. BTC is down about 0.9% over the same period.
The market’s focus on $STX is straightforward: bond capacity must be matched with STX staking capacity. DeFi filling an entire round validates the idea that “staked BTC can continue to serve as collateral/liquidity on-chain”—so the price is reacting to the narrative first. Bond 3 is expected to open around 11/10.
I’m leaning bullish: with the official announcement confirmed and spot volume surging as the token rises on its own, I remain bullish on $STX as the narrative plays out. The 3% is a target, not a guarantee.
$STX
What’s confirmed: Stacks’ official account stated on 10/12 that the approximately 500 BTC allocation for Bitcoin Staking Bond 2 has been fully subscribed, with more than 6.7 million STX locked alongside it. The target yield is around 3%, paid in BTC. This is the first round in which the allocation was filled primarily by Bitcoin DeFi (Stacking DAO liquid staking + the Xverse pool), rather than relying solely on whitelisted institutions.
The current Binance spot price is around 0.431, with an intraday range of 0.378–0.461, up about 11% over 24 hours, and trading volume of around $13.3 million. BTC is down about 0.9% over the same period.
The market’s focus on $STX is straightforward: bond capacity must be matched with STX staking capacity. DeFi filling an entire round validates the idea that “staked BTC can continue to serve as collateral/liquidity on-chain”—so the price is reacting to the narrative first. Bond 3 is expected to open around 11/10.
I’m leaning bullish: with the official announcement confirmed and spot volume surging as the token rises on its own, I remain bullish on $STX as the narrative plays out. The 3% is a target, not a guarantee.
$STX