the Bitcoin scaling solution, Stacks, recently published an article stating that the Bitcoin DeFi ecosystem is thriving on Stacks and that sBTC is about to be launched. Recent developments include: Hermetica's stablecoin USDh achieving a yield of 35% APY, setting a new historical high; Velar DEX launching a function for creating permissionless pools; Bitflow previewing the user interface for L2 Runes AMM; and the ALEX Surge event continuing to promote the tokenization of the ecosystem and community activity.