Latest Badger DAO (BADGER) News Update

Deep Dive

1. eBTC Protocol Sunset (11 June 2025)

Overview: BadgerDAO halted development of its eBTC protocol, a Bitcoin-backed yield product, after failing to gain traction.

The decision followed a DAO Treasury Council review citing persistently low TVL and unsustainable revenue. While eBTC initially offered high DeFi-native BTC yields, it struggled with product-market fit. The codebase will transition to “deprecated state,” minimizing maintenance but keeping existing functionality operational.

What this means: This is neutral for BADGER because it reallocates resources from underperforming products but signals reduced innovation in Bitcoin DeFi tooling. Users retain access to eBTC, but no new features or optimizations are planned.
(Source)

2. Security Audit References (7 December 2021)

Overview: QuickSwap’s 2021 AMA highlighted BadgerDAO’s security approach after a major exploit, emphasizing contract-level safeguards.

While not a direct code update, BadgerDAO’s infrastructure was noted for using “battle-tested code” with no wallet access for developers. This philosophy likely persists in current code governance, though no recent audits or vulnerability patches are documented.

What this means: This is mildly bullish for BADGER as it reflects a longstanding focus on security, though the absence of recent audits raises questions about ongoing rigor.
(Source)

Conclusion

BadgerDAO’s codebase changes reflect a pivot toward sustainability over expansion, with eBTC’s deprecation freeing resources but dampening ecosystem growth prospects. The project’s historical security-first ethos remains intact but lacks fresh validation.

Could renewed developer activity emerge around Bitcoin DeFi as market conditions shift?

Deep Dive

1. eBTC Protocol Sunset (11 June 2025)

Overview:
BadgerDAO announced the discontinuation of eBTC, its synthetic Bitcoin yield protocol, citing low TVL and unsustainable revenue. The protocol will enter a deprecated state, with minimal maintenance.

What this means:
This is bearish for BADGER in the short term, as eBTC’s failure to gain traction reduces a potential revenue stream and signals product-market fit challenges. However, reallocating resources to core priorities could streamline operations long term.

2. Focus on Core Infrastructure (2025)

Overview:
BadgerDAO’s 2023 roadmap emphasized decentralization, including launching EBTC (an immutable synthetic BTC) and migrating legacy vaults to a non-custodial framework. While no recent updates confirm progress, the DAO’s stated goal remains building censorship-resistant Bitcoin infrastructure.

What this means:
This is neutral for BADGER. Success hinges on executing EBTC adoption and integrating with Ethereum’s staking ecosystem, but delays or muted adoption could prolong price pressures.

Conclusion

BadgerDAO’s roadmap appears narrowed to maintaining EBTC and sunsetting legacy products, with no clear near-term catalysts. The DAO’s ability to reignite developer activity and attract BTC-centric use cases will determine its relevance. How might broader DeFi trends for Bitcoin interoperability influence Badger’s next moves?

Deep Dive

1. OKX Delists BADGER Contracts (25 July 2025)

Overview: OKX removed BADGER/USDT perpetual contracts on 25 July, liquidating positions using pre-delisting price averages. The exchange attributed the move to low liquidity and volatility management. Large holders (>$10k) faced temporary transfer restrictions to prevent market imbalances.
What this means: Reduced derivatives access may compress trading volume and liquidity. However, OKX’s orderly exit process (backup tools, fee waivers) mitigates abrupt price shocks.
(OKX)

2. Crypto.com Ends BADGER Trading (17 June 2025)

Overview: Crypto.com delisted BADGER on 17 June, disabling deposits/trading and converting remaining balances to USD at undisclosed rates. Unlike co-delisted tokens, BADGER withdrawals were permanently halted.
What this means: The loss of a major retail exchange listing compounds liquidity challenges, though BADGER’s 24h volume ($4.67M) remains above its $19.4M market cap. Monitoring turnover ratios (0.24) becomes critical.
(Crypto.com)

3. eBTC Protocol Sunset (11 June 2025)

Overview: BadgerDAO deprecated its eBTC protocol on 11 June after failing to gain traction, citing unsustainable revenue and low TVL despite high BTC-native yields. Resources will shift to undisclosed new initiatives.
What this means: While rationalizing costs, this raises questions about the DAO’s product roadmap. The pivot leaves BADGER reliant on its flagship Sett vaults amid DeFi’s competitive yield landscape.
(BadgerDAO)

Conclusion

BADGER navigates exchange attrition and product recalibration, with recent delistings reflecting liquidity concerns while the eBTC shutdown signals strategic pruning. With turnover at 24% and RSI near 30 (oversold territory), can BadgerDAO’s next move reignite developer and market confidence?

Deep Dive

1. @BadgerDAO: Sunsetting eBTC protocol bearish

"eBTC hasn’t achieved product-market fit... TVL remains low"
– @BadgerDAO (Official account · 11 June 2025 2:32 PM UTC)
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What this means: This is bearish for BADGER because abandoning a core product suggests strategic uncertainty and reduces utility for the token. The DAO’s admission of low revenue potential from eBTC could erode long-term confidence.

2. CoinMarketCap Community: Open interest drops 15.73% bearish

"BADGER sees -15.73% OI decline in 24h, ranking 10th among derivatives losers"
– CMC Community Post (3 August 2025 10:15 AM UTC · 1.37M OI change)
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What this means: Declining open interest indicates reduced trader conviction and liquidity risks, particularly concerning given BADGER’s $19.4M market cap. Derivatives traders appear to be rotating out of the token.

3. CoinMarketCap Community: Oversold RSI signals bullish

"4h RSI at 30 for BADGER ($1.076) – deepest oversold reading since July"
– CMC Technical Analysis (25 July 2025 11:59 AM UTC)
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What this means: This is bullish for BADGER because historically oversold RSI levels (below 30) have preceded short-term bounces. However, the token remains -68.64% YoY, requiring confirmation through volume spikes.

Conclusion

The consensus on BADGER is mixed, balancing technical rebound potential against fundamental challenges from product pivots and exchange exodus. Watch the $1.07 support level – a sustained break below could accelerate declines, while reclaiming $1.20 might signal short-term recovery. With turnover at 0.235 (23.5% of market cap traded daily), volatility remains likely.