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Value Locked In Defi Surpasses $57 bn

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Value Locked In Defi Surpasses $57 bn

Over the past 93 days, the total value locked (TVL) in decentralized finance (defi) protocols has reached $57.74 billion. Lido, the largest protocol, has seen a 10.66% increase, now standing at $23.22 billion. Maker, the second-largest defi protocol, has slightly decreased by 1.52% over the same period.

The top five defi protocols by TVL size are Aave , Justlend , and Uniswap . Aave has seen a 10.34% increase, while Justlend has decreased by 9.43%. Uniswap has reported the most significant growth, rising by 78.56% since last month.

Ethereum remains the top defi protocol, commanding 57.3% of the aggregate TVL, amounting to $33.10 billion. Other top defi protocols include Binance Smart Chain, Arbitrum, and Solana.

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