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Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Pagla on February 12, 2022, 08:17:10 AM

Title: DeFi flashes early revival signs as retail and institutional inflows trickle in
Post by: Pagla on February 12, 2022, 08:17:10 AM
Decentralized finance (DeFi) has had a rough go so far in 2022, and data from Messari shows the top ten-ranked DeFi assets currently down between 10% to 50% since the start of the year.


Top ten DeFi tokens by market capitalization. Source: Messari
A positive is, the situation may change soon as funds have began to flow back into the DeFi ecosystem following a month of declines as data shows institutional and retail funds returning to crypto markets.

Data from Defi Llama shows that the total value locked in all of DeFi platforms has climbed to $211.1 billion on Feb. 11, up from a low of $185.14 billion on Jan. 31



 More Information (https://cryptonews.net/en/news/defi/3145777/)