Avalanche Total Value Locked Surpassed $11 Billion, Coming Closer to BNB
The total value of AVAX locked has surpassed $11 billion as the market once again switched its attention from traditional cryptocurrencies to decentralized financial solutions like crypto lending, farming and others, according to DeFi LIama.
According to the DeFi LIama tracking service, the total value locked in AVAX has surpassed $11 billion as the majority of allocated funds stay in the AAVE protocol, which allows users to provide lending services to others.
