Bitcoin-native yield protocol TeraHash taps ex-TRON lead to drive growth

Cryptonews
BTC-0,22%
TRX0,62%
ETH-1,2%
BNB0,13%

Ex-TRON lead Hunter Rogers has joined Bitcoin-native yield platform TeraHash, aiming to drive further adoption of Bitcoin across the decentralized finance ecosystem.
Summary

  • TeraHash has added ex-TRON lead Hunter Rogers to its leadership team.
  • Rogers joins as co-founder and will drive the Bitcoin DeFi protocol’s next growth phase.
  • TeraHash brings hashrate-backed BTC yield to DeFi.

TeraHash announced Thursday, Nov. 6, that Rogers’ expertise, including in institutional partnerships, will be key to positioning the platform as the go-to protocol for hashrate-backed Bitcoin (BTC) yield.

Why it matters

BTC-native yield is a segment that seeks to expand the Bitcoin DeFi market with an institutional-grade mining yield offering.

TeraHash offers this via tokenized hashrate, enabling liquid staking and allowing customers to earn up to 50% of annual BTC rewards.

It’s a question of how to unlock the over $20 billion annual mining revenue for DeFi users.

In this case, Rogers, as a co-founder, is set to lead TeraHash’s next growth phase toward this goal.

The expectation is that Rogers will tap into his experience and network to drive ecosystem partnerships and institutional outreach, among other initiatives, to make TeraHash the institutional standard for Bitcoin mining yield.

The former TRONDAO lead joins the BTC-focused project ahead of its mainnet launch.

“Bitcoin’s next evolution lies in making its $20 billion annual mining yield accessible through transparent, on-chain infrastructure. TeraHash is building that bridge, as it transforms physical hashrate into liquid, composable, and accessible yield primitives for institutions and individuals alike,” Rogers said.

TeraHash eyes Bitcoin DeFi momentum

The global cryptocurrency market has seen a resurgence in decentralized finance adoption in recent months, with lending liquid staking and restaking notching an uptick.

Protocols across Ethereum, Solana and BNB Chain have recorded significant bumps in total value locked.

Bitcoin DeFi is also gaining momentum, helped by growing institutional interest in BTCFi.

Layer 2 solutions such as Stacks, Rootstock, Merlin Chain and Babylon are major players in the growing ecosystem.

However, as TeraHash notes, its solution is the leading player in a “native, composable yield product” targeted for Bitcoin mining.

With a hash rate-backed yield, users stake the THS token and receive daily Bitcoin rewards. But more than that, the protocol integrates with DeFi to connect users to crypto lenders, trading platforms, and yield aggregators.

According to DeFiLlama, the total value locked in Bitcoin DeFi protocols currently stands at over $7.57 billion. Babylon, Lombard Finance and Threshold Network lead in the TVL race.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC 15-minute drop of 0.54%: Liquidity worsens and whales actively reduce positions, putting short-term pressure on the market

From 22:15 to 22:30 (UTC) on 2026-04-14, BTC saw a short-term pullback of 0.54% within the high-range band of 73911.6 - 74314.4 USDT, with a return of -0.54%. During this period, market swings were evident, volatility intensified, attention from the market quickly increased, and downward pressure on the order book was prominent. The main drivers behind this unusual move were the continued deterioration of market liquidity and a clear lack of order book depth, which made the BTC price extremely sensitive to large sell orders. At the same time, during the key time window, whale wallets carried out large transfers and also engaged in active de-risking,

GateNews18m ago

Bitcoin Price Prediction: BTC CME Gap Near $69,500, Tron Expands USDT Utility, and APEMARS Stage ...

The crypto market is heating up again, are you ready for the next big move? With the latest Bitcoin price prediction signaling potential upside and major ecosystems like Tron expanding utility, investors are actively searching for the next breakout opportunity and the best crypto presale. Timing

BlockChainReporter27m ago

Goldman Sachs Files for Bitcoin Premium Income ETF with SEC

Goldman Sachs has applied to the SEC to launch a Bitcoin Premium Income ETF, marking its entry into the Bitcoin ETF market. This follows Morgan Stanley's recent launch of a similar product, highlighting growth in institutional Bitcoin yield-focused investments.

GateNews3h ago

BTC 跌破 74000 USDT

Gate News bot 消息,Gate 行情显示,BTC 跌破 74000 USDT,现价 73999.9 USDT。

CryptoRadar4h ago

BTC drops 0.75% in 15 minutes: quick pullback triggered by short-term position trimming and capital outflows

2026-04-14 16:45 to 17:00 (UTC), the BTC market saw a clear ups-and-downs move, with a 15-minute return of -0.75%. The price quickly dropped from the 74529.4 to 75233.4 USDT range, with an amplitude of 0.94%. During this period, trading volume increased by about 12% compared with the average of the prior hour; market attention rose, and volatility significantly intensified. The main drivers of this sudden move were short-term holders collectively cutting positions and a large outflow of exchange funds. From 16:45 to 17:00, the net outflow of BTC was approximately 4,800 BTC

GateNews5h ago
Comment
0/400
No comments