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Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Pagla on February 16, 2022, 08:57:43 AM

Title: Relatively Unknown Protocols Push TVL in Defi Above the $200 Billion Range
Post by: Pagla on February 16, 2022, 08:57:43 AM
Defi TVL Climbs Over 3%, $4.5 Billion in 24-Hour Dex Trade Volume
The total value locked (TVL) in defi today is up around 3.3% during the last 24 hours with $208.45 billion. The defi protocol with the largest TVL is Curve Finance which dominates by 9.48% with $19.75 billion.

Curve’s TVL is up 1.22% this week across eight different blockchain networks. Curve’s TVL is followed by Makerdao, Aave, Convex Finance, WBTC, and Lido respectively.

While Ethereum has 59.21% of the TVL in defi today with $123.45 billion, the second-largest blockchain TVL in defi is held by Terra. The blockchain network Terra has $15.05 billion locked and the defi protocol Anchor commands 55.81% of that value.

 More Information (https://cryptonews.net/en/news/defi/3158193/)