Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam

Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam


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 steadily nearing the $200 billion zone and today Uniswap commands 3% dominance among the variety of defi applications. The defi application Aave commands $16.04 billion and Curve captures $13.92 billion today as most of the TVL is locked into application bolstered by the Ethereum chain.

Trending: American Airlines Flight Turns Around and Kicks Off Mother and Her Asthmatic 2-Year-Old Baby Over Mask Policy — Police Meet Them at the Gate

Total value locked on all chains, according to defillama.com statistics on Sunday.

A number of other chains, however, have been contributing billions to

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend