TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021

TVL in Defi Slides Under $40 Billion Tapping a Low Not Seen Since February 2021The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi […]

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State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months

State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slides 67% in 6 MonthsDuring the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down more than […]

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Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%

Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today is Makerdao, leading […]

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Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism

Tron Now Commands the Third-Largest TVL in Defi — Network's Stablecoin USDD Confronted by SkepticismThis week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than 20% APY for USDD deposits. Amid Tron’s TVL rising, […]

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Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days

The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during the last 24 hours, as the valuation stands at $2.1 trillion today. Furthermore, the price of bitcoin jumped over the $46K zone on Sunday as […]

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Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack

Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the PackThe total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium (CPH), counterparty (XCP), and terra (LUNA) leading […]

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Terra Protocol Surpasses Binance Smart Chain in Terms of Value Locked in Defi

Terra Protocol Surpasses Binance Smart Chain in Terms of Value Locked in DefiThe total value locked (TVL) in decentralized finance (defi) has rebounded in fiat value after suffering some losses last week. Statistics indicate that the $248 billion TVL in defi has increased 3.46% during the last 24 hours and the blockchain Terra has overtaken the Binance Smart Chain in terms of TVL in defi. Terra Protocol’s […]

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