The total value locked (TVL) in decentralized finance (defi) has climbed back above the $200 billion mark, hovering around $216.49 billion as of Saturday morning (EST). TVL in defi is up 13.60% since hitting a low of $190.57 billion on January 23, 13 days ago. Ethereum's Defi TVL dominates by 61%, up 10% in the last weekChain Bridge value rises 16.2% in 30 days The value locked in decentralized finance (defi) has climbed higher since the January 23 low, falling 10...
The total value locked (TVL) in decentralized finance (defi) has climbed back above the $200 billion mark, hovering around $216.49 billion as of Saturday morning (EST). TVL in defi is up 13.60% since hitting a low of $190.57 billion on January 23, 13 days ago.
The Value locked in decentralized finance (defi) has climbed higher since the Jan. 23 low, falling $10 billion below the $200 billion mark. Today, TVL is 13.60% higher as the value locked has risen sharply in the last few days.
The protocol Uniswap's TVL is up 9.44% in the last seven days, Balancer is up 9.25%, and Makerdao's TVL is up 9.10% this week. Furthermore, in terms of market capitalization, smart contract platforms have increased their total value by 8.3% to $674 billion in the last 24 hours.
The top smart contract platform token Ethereum ( ETH ) has increased in value by 18.5% in the last seven days. Binance coin ( BNB ) rose 8.8% this week and Cardanos ( ADA ) Value increased by 9.3%.
At the same time, solana (SOL), polkadot (DOT), terra (LUNA) and Avalanche (AVAX) recorded double-digit weekly gains. SOL climbed the highest last week, rising 25.6% against the US dollar.
In terms of Defi TVL per blockchain, Ethereum still reigns supreme with 516 Defi protocols and a total value locked today of $135.78. ETH ’s TVL accounts for 61.41% of the total $216.49 billion locked in Defi. The second largest Defi chain is Terra, with the network's 17 Defi apps now worth $14.67 billion.
While Ethereum saw a seven-day change by increasing its TVL by 10%, Terra's defi TVL increased by 7.49%. Avalanche (AVAX) saw one of the biggest jumps in the top ten TVLs by chain this week, rising 19.38% to $10.08 billion.
Cross-chain bridge TVLs have increased by 16.2% over the past month and today $25.11 billion is locked across various bridges. While Polygon's Bridges leads the way with a TVL of $5.59 billion, Avalanche has $5.53 billion locked on Saturday.
Wrapped Ethereum (WETH), Ethereum ( ETH ) and USDC are the most leveraged crypto assets on cross-chain bridges this weekend.
What do you think of this week’s Defi promotions and smart contract token markets? Let us know your thoughts on this topic in the comments section below.
Photo credit: Shutterstock, Pixabay, WikiCommons
Suche
Mein Konto