---
title: "CoreDAO Sets Record with $140 Million in BTC Staked"
url: https://thecoingazette.com/coredao-sets-record-with-140-million-in-btc-staked/
date: 2024-05-23
modified: 2026-04-06
author: "Coin Gazette Editorial"
description: "CoreDAO has achieved a remarkable milestone in the cryptocurrency domain by breaking the record for the amount of Bitcoin (BTC) staked. The platform has seen nearly 2,000 BTC staked, which..."
categories:
  - "Bitcoin"
  - "Defi"
tags:
  - "CoreDAO"
  - "defi platform"
  - "non custodial staking"
  - "staking"
word_count: 292
---

# CoreDAO Sets Record with $140 Million in BTC Staked

CoreDAO has achieved a remarkable milestone in the cryptocurrency domain by breaking the record for the amount of Bitcoin (BTC) staked. The platform has seen nearly 2,000 BTC staked, which is valued at approximately $140 million. This significant achievement underscores the growing trust and interest in CoreDAO’s non-custodial BTC staking system, which allows Bitcoin holders to earn rewards while maintaining ownership of their assets.

## A New Era for Bitcoin Utility 

The introduction of [non-custodial BTC staking by CoreDAO](https://medium.com/@core_dao/core-chain-makes-bitcoin-a-productive-asset-for-the-first-time-ever-with-non-custodial-btc-staking-84aa0544a7d1) marks a new era for Bitcoin, transforming it into a yield-earning asset for the first time in its history. This innovative feature empowers Bitcoin holders to stake their BTC directly on the Core blockchain, earning Core token rewards in return.

## Technical Advancements and Security 

CoreDAO’s non-custodial BTC staking is a result of technical advancements that enable users to stake their Bitcoin without transferring it to a third party. The security of this system has been thoroughly audited by reputable firms, ensuring the safety of the staked assets.

## The Impact of Staking on CoreDAO 

The record-breaking amount of staked BTC has had a positive impact on CoreDAO’s valuation. The anticipation surrounding this feature has led to a significant increase in the public chain’s Total Value Locked (TVL) and a rise in the price of the CORE token.

## A Testament to Decentralized Finance 

CoreDAO’s success in attracting such a substantial amount of staked BTC is a testament to the potential of decentralized finance and the innovative use of blockchain technology. It highlights the platform’s commitment to enhancing the utility of Bitcoin and providing a secure and rewarding experience for cryptocurrency investors.

For more detailed information and guides on how to participate in non-custodial BTC staking with CoreDAO, interested parties can refer to their official documentation. 

**References**:

https://docs.coredao.org/developer/faqs/non-custodial-btc-staking-faqs

[https://medium.com/@core_dao/core-chain-makes-bitcoin-a-productive-asset-for-the-first-time-ever-with-non-custodial-btc-staking-84aa0544a7d1](https://medium.com/@core_dao/core-chain-makes-bitcoin-a-productive-asset-for-the-first-time-ever-with-non-custodial-btc-staking-84aa0544a7d1)