DeFi Protocols Reached $50 Billion, the Highest Level in 6 Months!

The amount of assets in decentralized finance (DeFi) protocols increased in parallel with the rise of the cryptocurrency market.

According to data provided by on-chain analysis platform DeFiLIama, the total assets locked (TVL) value within six weeks Increase of more than $15 billion showing to 50 billion dollars reached.

DeFi TVL last in April 2023 It was at these levels. In the past weeks Ethereum layer-2 (L2) project to Blast deposited from $700 million too much money and Solana (LEFT) It is thought that the increasing interest in based protocols triggered the increase in TVL rates.

On the other hand, the average daily volume currently returning on DeFi platforms is $2.6 billion wandering through the levels. DeFi sector 13 October has fallen to a low level that it has not seen in a long time in its history and the amount of TVL up to 36 billion had fallen. last approx. in 1 month short time DeFis $15 billion in new assets witnessed his entrance.

The leading name in the $50 billion DeFi market in total is Lido Finance (LDO) happened. Liquid Staking rate on Lido according to data to $20.6 billion reached. Second $8.5 billion Maker (MKR)in the third place JustLend with a volume of $6.3 billion took place.

Aave (AAVE) And Uniswap (UNI) The stars of the last bull market were ranked fourth and fifth, respectively.

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