Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March

Value Locked in Defi Drops Below $200 Billion, April's Dex Trade Volume Drops 21% Lower Than MarchWhile the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value by 3.5% over the last 24 […]

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Metrics Show Decentralized Exchange Volumes Continue to Slide This Year

Metrics Show Decentralized Exchange Volumes Continue to Slide This YearDecentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this month’s dex volumes will likely be much lower than in March. […]

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