Caddy Finance Mainnet Launch
Caddy Finance’s mainnet launch on June 29, 2025, introduces non-custodial Bitcoin vaults on Starknet, a Layer 2 scaling solution for Ethereum. The purpose? To enable Bitcoin holders to earn passive income without surrendering control to centralized entities, addressing a long-standing gap in Bitcoin’s ecosystem. Starknet’s zero-knowledge proofs ensure scalability and security, processing transactions off-chain before settling on Ethereum. This launch is significant as it could attract Bitcoin maximalists to DeFi, potentially increasing adoption and liquidity. Users can join the waitlist now at caddy.finance to participate. Risk disclaimer: As with all DeFi projects, ensure due diligence to mitigate risks like smart contract vulnerabilities.Recent NewsOver the past three months, Caddy Finance has gained traction, with its innovative approach to Bitcoin DeFi earning mentions across X posts from @caddyfi and @Starknet ecosystem partners. Starknet itself reported onboarding over 500,000 new Ethereum users, showcasing its robust infrastructure Starknet ecosystem updates. This milestone underscores the technical foundation supporting Caddy’s launch. Additionally, Bitcoin’s recent price surge to $0.6556 with a 24-hour volume of $24,863 Crypto.com data has heightened interest, aligning perfectly with this timing.Future PlansPost-launch, Caddy Finance aims to expand its vault offerings, integrating more yield-generating strategies and potentially supporting other assets. The project aligns with Starknet’s roadmap, which includes enhancing S-Two (a next-gen scaling solution) and hosting discussions at EthCC[8] (June 30–July 3, 2025) EthCC.io. These developments signal a commitment to scaling Bitcoin DeFi and fostering community engagement, with Café Stark and beach hangouts planned during the conference.Onchain DataSpecific onchain metrics for Caddy Finance pre-launch are not yet available, as the mainnet is still pending. However, Starknet’s network has demonstrated impressive transaction throughput, handling over 100 transactions per second during peak periods StarkWare reports. This bodes well for Caddy’s performance once live, though users should monitor post-launch activity on explorers like StarkScan.Community SentimentX sentiment is overwhelmingly positive, with users like @rjkesavchandar and @BabsTeevee expressing excitement about Bitcoin’s DeFi potential on Starknet . Influencers anticipate a surge in adoption, though some, like @Julia_457_, question control dynamics, reflecting healthy debate. The countdown hype (6 days as of June 23) has kept the topic trending.Additional InsightsThis launch comes as competitors like Wrapped Bitcoin (WBTC) dominate Bitcoin DeFi, but Caddy’s non-custodial model offers a unique edge. With Bitcoin’s market cap nearing $1.3 trillion CoinMarketCap, this could diversify investment options. The EthCC[8] timing also aligns with broader Layer 2 discussions, amplifying visibility.
Starknet
June 29