Decentralized money (DFI) has grown significantly this year, and as of October 5, the total value lock (TVL) in the DFI protocol has exceeded 200 billion. Since January 1, Defi TVL across various blockchains has grown by about 855% from 21 21.4 billion to 20 204 billion today..
Total value jumps to ফ 200 billion deficit, Etherium TVL dominates 69%
Today, the total price locked in Defy (TVL) has increased almost ten times more than the price at the beginning of 2021. On October 5, 2021, TVL defied the $ 200 billion handle for the first time and the value remained above $ 200 billion in the last seven days.
Statistics from Defillama.com indicate that the maximum dominance of the Defilla Protocol Curve is $ 15.94 billion, which is 7% more than last week. Curve dominates 7.80% on Tuesday and it communicates with six different crypto networks including Avalanche, Etherium and Polygon.
The metrics show that Aave, Makerdao, and Wrapped Bitcoin (WBTC) are in third, fourth, and fifth place in terms of Defy TVL dominance. Aave on Tuesday commanded 14.87 billion while Makerdao seized $ 13.48 billion and WBTC $ 11.99 billion.
The total TVL of the four different protocols between Curve, Ave, McCardao and WBTC is 56 56.28 billion, which is 27.53% of the total TVL today. There are a total of $ 204 billion across blockchain protocols such as Etherium, Solana, Avalanche, Polygon, Phantom, Terra, Arbitram, Benance, Cello and Harmony.
By mid-October 2021, the top ten dex platforms তর Wave, Phantom, Polynetwork, Harmony, Arbitram, and Avalanche থাকে began to raise funds.
Tuesday’s top ten decentralized exchange (DEX) applications include defy projects such as Curve, Pancakeswap, SushiSwap, Uniswap, Balancer, Uniswap V3, Saber, Serum Radium and Banker, respectively.
The top five blockchains with the most TVLs on Tuesday are Ethereum, Beyonc,, Solana, Terra and Avalanche. The etherium chain still dominates .0.01% with a total value of about ১ 121.06 billion locked on October 12.
The second and third largest TVLs for Beyonc এবং and Solana are below $ 20 billion but above the $ 10 billion line. While Etherium has seen a 1.65% TVL increase over the past seven days, the Phantom has seen the biggest increase in the past week.
The data shows that Snow TVL increased 19.64% but Phantom TVL increased 225% in one week. Other leaders who saw the rise of TVL last week include Waves ($ 2.15 billion), Arbitram ($ 1.52 billion), Polynetwork ($ 298 million) and Harmony ($ 205.92 million).
What do you think about the total value locked into the Defy protocol, which exceeded 200 200 billion this October? Let us know what you think about this in the comments section below.
Image credit: Shutterstock, Pixabay, WikiCommons, defillama.com,
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