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DeFi Market Recovers From 30-Month Low as Volume Hits Highest Point Since March

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Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.

The total value of all assets locked on decentralized finance protocols has surged to a three-month high of $42 billion after being at its lowest

Alongside a hike in asset prices, transactional volume across DeFi protocols rose to its highest point since March, with $4.4 billion recorded on Oct. 24, according to On Ethereum, meanwhile, the amount of capital on Enzyme Finance, Spark and Stader have all risen by between 37% and 55%, outpacing the rise in asset prices to illustrate fresh inflows.

 

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