State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid ...

State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid ...

During 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 67% lower to today’s $51.72 billion. TVL Dropped More Than 67% in 6 Months, Defi Market Action Remains Vapid for 4 Months Defi action has subsided a great deal in terms of the total value locked during the last six months. On Saturday, October 22, 2022, the TVL in defi is around....


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