As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise

As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise

Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped in value, the TVL across defi has continued to rise, climbing more than 5% to $185.32 billion. Defi TVL Across All Chains Rises by More Than 5% Over 9 Days Decentralized finance (defi) has attracted billions of dollars and at the time of writing, the total value locked across a myriad of....


Related News

Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gath...

At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled blockchains continue to see TVLs steadily rise. Total Value Locked Across All Defi Compatible Blockchains The total value locked (TVL) in defi today has risen to $176.9 billion with a change of 1.07% during the last 24 hours, according to defillama.com statistics. The TVL has been....

Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’...

While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from $171 billion. Defi Tokens Skyrocket, Total Value Locked in Dapps Grows to $195 Billion, Axie Infinity, Shiba Inu See Top Gains Digital currency markets of all sorts are seeing some gains this week and defi coins and smart contract tokens have all seen significant rises during the last....

$45B DeFi market cap and soaring TVL suggest the best is yet to come

The decentralized finance market cap reached $45 billion as the total value locked in DeFi continues to rise to new highs. The decentralized finance sector continues to charge full steam ahead as multiple tokens notch new all-time highs and the total value locked in DeFi protocols grows with the passing of each week.Data from Messario shows projects like AAVE, Uniswap (UNI), SushiSwap (SUSHI) and Synthetix (SNX) have all rallied by double-digits, creating a positive feedback loop as more users engage with the protocols to yield farm and capitalize on flash loans. DeFi asset performance.....

Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL b...

As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today is hovering around $210.29 billion with Curve Finance dominating by 8.75%. Defi TVL Rebounds, Ethereum Classic Spikes, Weekly NFT Sales Increase by 32% The value locked in decentralized finance has once again risen above the $200 billion mark as it’s been coasting along at $210.29 billion on....

Total Value Locked in Defi Surpasses $200 Billion — Fantom, Avalanche, Harmon...

Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1, the defi TVL across various blockchains has risen almost 855% from $21.4 billion to today’s $204 billion. Total Value Locked in Defi Jumps Over the $200 Billion Handle, Ethereum TVL Commands 69% Dominance The total value locked (TVL) in defi today has jumped nearly ten times higher than the value at the beginning of 2021. On October 5, 2021, the TVL in defi surpassed the $200 billion handle for the....