Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
DeFi TVL tops $100 billion for first time since May 2022

DeFi TVL tops $100 billion for first time since May 2022

CointimeCointime2024/03/06 01:06
By:Cointime

According to data from The Block dashboard, the total locked value (TVL) of decentralized finance (DeFi) protocols has surpassed $100 billion for the first time since May 2022, reaching $101.36 billion, with the lending sector accounting for $32.62 billion (32.2%), decentralized exchanges for $19.97 billion (19.7%), collateral debt positions for $12.22 billion (12%), and repledges for $10.06 billion (9.9%). The last time DeFi's TVL exceeded $100 billion was on May 11, 2022, when DeFi TVL was $112.67 billion.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Will Bitcoin Reach $105K? The Potential Impact of Liquidity Injections on Bullish Surge

Exploring the Potential Influence of Global Liquidity on Bitcoin's Ascension to a New High

Coineagle2025/03/16 08:00

Leverage-Driven Pump: How Bitcoin Long Traders Could Become Trapped

Unpacking the Perils and Potential of Leverage-Driven Bitcoin Pump for Long Traders

Coineagle2025/03/16 08:00