$BTC Bitcoin Is Reclaiming Dominance as Collateral on Nexo
Fresh data just dropped — and it’s a loud signal. In Q1 2026, Bitcoin now backs 56.18% of all collateral on Nexo, marking its highest share since mid-2025. After months of diversification, borrowers are clearly rotating back to BTC.
Here’s the breakdown this quarter: Bitcoin leads decisively at 56.18%, followed by altcoins at 28.05%, Ethereum at 12.40%, and stablecoins at just 3.37%. That shift matters. When leverage players choose collateral, they’re voting on trust. And right now, Bitcoin is winning that vote.
This move suggests a return to lower-risk positioning — or quiet confidence that Bitcoin will lead the next market leg. Either way, BTC is once again becoming the backbone of crypto credit.
Is this the start of a Bitcoin-first phase across DeFi lending?
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