The vast majority of my BTC is locked up in my ledger and I am not touching that ever its my forever HODL. The rest is split between CE-FI and DE-FI platforms earning me a return which like you mentioned has its risks since I no longer own the keys to that. I have one contract open with HODL HODL but with mining fees increasing I am not so keen on it as its going to eat into my returns and then I might as well use a custodial platform.
I also have a few million sats locked in the lightning network, Im waiting for lightning terminal to be launched fully so I can become a liquidity provider there. I did hear HODLHODL are also looking to support lightning which will make P2P lending on Bitcoin so much better