TRON [TRX] Surpassed BNB Chain To Reach Top 2 In DeFi TVL

TRON [TRX] overtook BNB to become the second highest chain worldwide at $5.82 billion in the latest DeFi TVL rankings. On July 1, the protocol’s TVL was $3.95 billion and rose to $5.91 billion on the last day of the month, an increase of 49%. TVL is the most significant DeFi indicator as it denotes […]

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Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier

As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $44.19 billion. Throughout most of the year in 2023, except for a brief period of seven days in April, the TVL in defi has consistently remained below the $50 [...]

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Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, 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, Aave, and Justlend recorded double-digit monthly gains. After the [...]

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