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August 13, 2025 41 mins

Charlie Hu is the Co-Founder of Bitlayer. In this conversation we talk about bitcoin, current state of DeFi, why it’s bringing together Asian retail and Western institutions, evaluating TVL as a metric, what Bitlayer is building, and the potential future for bitcoin ETF staking?

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Pomp writes a daily letter to over 270,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: ⁠https://pomp.substack.com/⁠

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  • 0:54 - Intro
  • 2:00 - Bringing Asian retail investors and Western institutions together
  • 6:39 - Takeaways from Vietnam
  • 8:30 - Current state of DeFi
  • 11:24 - What does Bitcoin DeFi mean?
  • 24:06 - Bitlayer business
  • 30:01 - Bitcoin ETF staking
  • 32:27 - Bitcoin as a productive vs non-productive asset
  • 37:59 - Is ‘Total Value Locked’ a good metric?
  • 40:28 - Where to find Charlie and Bitlayer
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