The market cap of the DeFi space is presently at a whopping $139.95 Billion and Total Value Locked is $229.38 Billion.
Will DeFi projects retrieve the lost gains this year, with backing from top-tier protocols?
#DeFi #TVL #Blockchain
Will DeFi projects retrieve the lost gains this year, with backing from top-tier protocols?
#DeFi #TVL #Blockchain
Top #DeFi protocols such as Curve, Aave, and Maker have registered major liquidations recently. These led to the total value locked (TVL) of the whole ecosystem dropping from $200 billion to around $189.1 billion, along with the market crash. Consequently, the #TVL in most projects has also seen a dip, overall losing -5.03% of its locked value in the past 24hrs.
Look at the top 8 #DeFi Projects by TVL.
The total value locked (#TVL) in decentralized finance has come awfully close to reaching the $100 billion mark again, but fell short this week.
#Makerdao dominates the pack by 9.67% with the protocol’s $8.34 billion locked. Followed by the rest.
Today, the value locked across the defi #ecosystem is $86.22 billion as the TVL has lost 3.34% during the past 24 hours.
The total value locked (#TVL) in decentralized finance has come awfully close to reaching the $100 billion mark again, but fell short this week.
#Makerdao dominates the pack by 9.67% with the protocol’s $8.34 billion locked. Followed by the rest.
Today, the value locked across the defi #ecosystem is $86.22 billion as the TVL has lost 3.34% during the past 24 hours.
A Comprehensive Analysis of Top #Blockchain Performances : Monthly Report on Trends, Performances, and Surprises
#Crypto #TVL #CryptoNews #Ethereum #Solana #BNB
Click Below to Read Research Report 👇
https://coinpedia.org/research-report/blockchain-performance-report-a-monthly-insight-into-tvl-and-market-dynamics/
#Crypto #TVL #CryptoNews #Ethereum #Solana #BNB
Click Below to Read Research Report 👇
https://coinpedia.org/research-report/blockchain-performance-report-a-monthly-insight-into-tvl-and-market-dynamics/
CoinPedia
Blockchain Performance Report: A Monthly Insight into TVL and Market Dynamics
The blockchain sector is booming and no longer just a futuristic tech concept - it is today's technology. For tech enthusiasts to thrive in this
DeFi's slow start in 2024 shows minor monthly changes, yet an upward trend offers hope for bullish price actions.
Lido Dao, at the forefront, modestly grows by $290M, reaching a $21.425B valuation. AAVE impresses with a 4.02% rise, reaching $10.863B.
However, Maker Dao slips with a 3.5% decrease to $8.059B, and JustLend drops by 5.05% to $6.149B. Uniswap outperforms with a 10.58% increase, valued at $4.101B.
#DeFi #TVL #LIDO #AAVE #MAKER #JUSTLEND #UNI #Coinpedia #Crypto
Lido Dao, at the forefront, modestly grows by $290M, reaching a $21.425B valuation. AAVE impresses with a 4.02% rise, reaching $10.863B.
However, Maker Dao slips with a 3.5% decrease to $8.059B, and JustLend drops by 5.05% to $6.149B. Uniswap outperforms with a 10.58% increase, valued at $4.101B.
#DeFi #TVL #LIDO #AAVE #MAKER #JUSTLEND #UNI #Coinpedia #Crypto
Q3 Blockchain TVL Trends
➡️In Q3, Layer-2 chains faced declines in total value locked (TVL), with #Arbitrum One dropping by 16.23% and #Base by 3.08%.
➡️However, #Scroll Network grew by 29.41% to reach $1.3 billion, standing out in a tough market.
#CoinPedia #Crypto #Blockchain #TVL
➡️In Q3, Layer-2 chains faced declines in total value locked (TVL), with #Arbitrum One dropping by 16.23% and #Base by 3.08%.
➡️However, #Scroll Network grew by 29.41% to reach $1.3 billion, standing out in a tough market.
#CoinPedia #Crypto #Blockchain #TVL