DeFi TVL Value Rises In 2022

The total asset locked (TVL) value of the decentralized finance (DeFi) ecosystem has been on the rise since the drop in mid-December.

The DeFi TVL value is trending downward after hitting an all-time high at the beginning of December. 14 December on $223.32 billion levels had fallen. After this date, it started an upward trend and 2021 at the end of the year $245 billion DeFi ecosystem with TVL amount, 2022 in the past 5 days 4% by gaining value $254.85 billion rose back to levels.

$254.85 billion DeFi has the most TVL value in TVL value 10 blockchains between Ethereum, Terra, Binance Smart Chain, Avalanche, Solana, Phantom, Polygon, Tron, Arbitrum and Cronos exists.

Ethereum (ETH), within the 384 protocols with TVL value 160.08 billion dollars It is the leader among blockchains. Just 14 DeFi protocols found Terra (Luna) if $18.68 billion with second place. In the third place 264 DeFi protocol with $16.69 billion have TVL Binance Smart Chain (BSC) exists. Second and third place terra and Binance Smart Chain total TVL value In Ethereum DeFi protocols The TVL value found is only 22%It is equivalent to .

Blockchain with the highest increase in TVL value in the past week 685% with 7 DeFi protocols found IoTeX (IOTX) it happened. 29.11% with the increase Phantom (FTM) $6 billion rising above the level Osmosis (OSMO) if 54.67% with 1 billion dollars exceeded the level.

Protocol defined in seven different blockchains Curve (CRV), $24.39 billion With the amount of TVL, the DeFi ecosystem has $254.85 billion at TVL 9.57% has dominion. Him-her-it Ethereum based on blockchain $21.2 billion with Convex Finance (CVX) and $18.14 billion with TVL value MakerDAO (MKR) following.

*While preparing this content, the Fashion Show data of January 5, 2022 was taken as a basis. Defiling data changes instantaneously.

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