Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark – Defi Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The total value locked (TVL) in decentralized finance DeFi has slipped below the $50 billion mark to $49 billion.

The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked in decentralized finance has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same timeframe, the top smart contract token economy lost 3.7% against the U.S. dollar.are down this weekend, affecting the values of smart contract tokens and the total value locked in defi.

Makerdao, Curve, Aave, Convex Finance, Uniswap, Justlend, Pancakeswap, Instadapp, and Compound Finance follow Lido in order. Besides Lido’s 8.43% rise, Uniswap had the second-largest 30-day increase with 6.43%.As of Feb. 25, 2023, Ethereum has the largest TVL out of all the blockchains, dominating by 58.45%. Tron follows with 10.64%, Binance Smart Chain with 10.01%, Arbitrum with 3.89%, and Polygon with 2.36%. All five of these blockchains capture 85.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Step 1 : Make market go down Step 2 : Make market go up Step 3 :💰💰💰💰💰💰

It's just first wave, next one will be huge

Just sending a big thank-you to Anthony follow him Anthonibit he’s my favorite mentor today. I have benefited a lot from his tradings Tips & TA. I’m grateful Thank you for doing what you do!

Nice one, I only listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

Totally agree, but I only use ChiefraFba for signals and analysis

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Yield platform Stablegains sued for promoting UST: Finance RedefinedDue to volatile market conditions last week, the total value locked in DeFi protocols dropped below $50 billion again. Although many tokens returned positive weekly gains, others traded in the red.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Huma Finance raises $8.3 million to enable DeFi borrowing against future incomeHuma Finance, a DeFi startup which won the DeFi hackathon track at ETHDenver, raised $8.3 million in a round co-led by Race Capital and Distributed Global. oooitscrime
Source: TheBlock__ - 🏆 464. / 53 Read more »