DeFi TVL Plummets by 27% as AI and Social Apps Drive Surge in Q1: DappRadar
The total value locked (TVL) in decentralized finance (DeFi) platforms took a significant hit in the first quarter of the year, plummeting by $59 billion. While DeFi experienced a downturn, artificial intelligence (AI) and social apps saw growth according to data from DappRadar. The DeFi sector faced challenges in Q1, with a notable decrease in [...]
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