The decentralized finance (defi) whole worth locked (TVL) has been always rising because the begin of the month and is getting near the $70 billion mark.
Based on information offered by Defi Llama, the worldwide defi TVL recorded a 22% surge over the previous two weeks and is at the moment standing at $68.99 billion. On Feb. 13, the TVL reached a 20-month excessive of $69.35 billion — a degree final seen in mid-June 2022.
Per the info aggregator, there are at the moment 40 defi protocols with a TVL of over $500 million with Lido Finance main the checklist with a TVL of $25.71 billion.
The rising defi star of 2024 is EigenLayer with a six-times TVL improve over the previous six weeks. Per Defi Llama, EigenLayer’s TVL surged from $1.1 billion on Jan. 1 to $6.5 billion on the time of writing.
Ethereum (ETH) remains to be dominating the scene with a TVL of $40.95 billion, in keeping with Defi Llama, adopted by Tron with a TVL of $8.79 billion.
On Jan. 31, Solana (SOL) flipped Ethereum by way of decentralized alternate (DEX) quantity — reaching $1.46 billion.
Nevertheless, Defi Llama information reveals that Ethereum gained the highest spot on Feb. 2 once more after Solana’s DEX quantity plunged beneath $900 million.
Ethereum’s DEX quantity at the moment stands at $1.41 billion, per the info supplier, adopted by Solana’s $780 million DEX quantity.
