The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 milliard, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Spøgelse, and Justlend recorded double-digit monthly gains.
After the March 12 Dip, the Value Locked in Decentralized Finance Rebounds to $50B
According to Statistikker, the value locked in defi on April 2, 2023, er $50.22 milliard, op 0.91% i fortiden 24 timer. The protocol Lido Finance commands a TVL of around $10.94 billion as of Sunday. Lido dominates the $50 billion TVL with 21.77%, and the value locked in the protocol saw a 19.75% rise in March.
Makerdao’s TVL is below Lido’s at $7.7 billion as it rose 9.66% sidste måned. Aave’s TVL increased by 16.94% to the current $5.55 milliard. Protocols following Lido, Makerdao, and Aave in TVL size include Curve, Uniswap, Convex Finance, JustLend, PancakeSwap, Coinbase Staked Ethereum, and Instadapp.
While Lido jumped over 19% sidste måned, Coinbase Staked Ethereum rose by 22.29%, and Rocketpool, another Ethereum (ETH) liquid staking protocol, saw its TVL rise by 18.47%. Other notable risers in terms of TVL in defi protocols include Liquity, op 27.12% over the last 30 dage, and Bwatch, which rose 25.78%.
Of the $50 billion TVL today, 58.6% of the value locked is housed on Ethereum. 10.69% is held on Tron, 10.15% is stored on the Binance Smart Chain (BSC), og 4.4% is kept on Arbitrum. Ethereum’s TVL is $29.39 milliard, and Tron’s is currently $5.36 milliard.
Ethereum’s and BSC’s TVLs shrunk in March, but Tron’s rose 2.8% højere, and Arbitrum’s TVL swelled by 13.93%. Notable gainers in March include Mixin (+16.32%), Defichain (+14.84%), and Kava (+18.52%).
Optimism’s TVL was reduced by 9.68% in March, and Fantom’s slid 8.87% lower. Polygon and Avalanche also saw TVL reductions during the past 30 dage. Ethereum has the most defi protocols with 720, while Tron only has 17. BSC has a total of 568 recorded, and Polygon has 399 defi protocols.
Defillama statistics show that Ethereum-based decentralized exchanges (dexs) have seen $4.54 trillion in cumulative volume. BSC has recorded $1.46 billioner, and Avalanche has seen $215.22 billion to date. Dex volume by chain is almost as high as it was in May 2022.
What do you think the future holds for the value locked in decentralized finance? Will we see continued growth, or could there be another dip in the near future? Share your thoughts in the comments below.
Billedkreditter: Shutterstock, Pixabay, Wiki Commons
Ansvarsfraskrivelse: Denne artikel er kun til informationsformål. Det er ikke et direkte tilbud eller opfordring til et tilbud om at købe eller sælge, eller en anbefaling eller godkendelse af produkter, tjenester, eller virksomheder. Bitcoin-Tidings.com giver ikke investeringer, skat, gyldige, eller regnskabsrådgivning. Hverken virksomheden eller forfatteren er ansvarlig, direkte eller indirekte, for enhver skade eller tab forårsaget eller påstået at være forårsaget af eller i forbindelse med brugen af eller tilliden til noget indhold, varer eller tjenesteydelser nævnt i denne artikel.