Defi TVL Soars: $57 Billion Locked, $20 Billion Secured in 3 Months

7- Defi's total value locked has surged to $57 billion in 3 months, with Lido leading at $23.22 billion. Explore the dynamics of top protocols, Ethereum's dominance, and the potential challenges ahead in decentralized finance.

  • TVL Growth: Defi TVL has surged by 54.13%, reaching $57.74 billion in the last 93 days.
  • Top Protocols: Lido leads with a 10.66% increase, holding $23.22 billion, followed by Maker, Aave, Justlend, and Uniswap.
  • Blockchain Dominance: Ethereum commands 57.3% of total TVL, with Tron as the second-largest chain at $7.86 billion.
  • Market Dynamics: While some protocols show growth, a slowdown since Jan. 10, 2024, raises questions about the sustainability of defi’s current trajectory.

Defi TVL Hits $57 Billion Mark

Decentralized finance (defi) continues its upward trajectory, with the total value locked (TVL) reaching an impressive $57.74 billion, reflecting a remarkable 54.13% surge in the last 93 days. Leading the pack is Lido, boasting a 10.66% increase and securing the top spot with $23.22 billion in TVL. However, the landscape reveals nuanced dynamics among the top protocols.

Top Protocols Show Varied Performance

Maker, the second-largest defi protocol, experiences a slight dip of 1.52% over the last 30 days, while Aave sees a notable 10.34% increase. Uniswap stands out with a remarkable 78.56% growth since last month. Ethereum maintains its dominance, commanding 57.3% of the total TVL, followed by Tron with $7.86 billion.

Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered financial advice from Cryptozi or any other entity. We want to emphasize that if readers use the content or services mentioned in this article, Cryptozi is not responsible for any resulting losses. Therefore, it is strongly advised to exercise caution and consult with financial professionals before making any financial decisions that could impact your financial situation.

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