DeFi TVL breaks $100 billion for first time since May 2022 Th | DeFi Updates

DeFi TVL breaks $100 billion for first time since May 2022

The total value locked (TVL) in decentralized finance (DeFi) protocols exceeded $100 billion for the first time in nearly two years. On March 5, DeFi TVL reached $101.36 billion, with lending accounting for $32.62 billion (32.2%) of this total, with decentralized exchanges at $19.97 billion (19.7%), collateralized debt positions at $12.22 billion (12%), and restaking activities at $10.06 billion (9.9%). The last time the TVL in DeFi surpassed $100 billion was on May 11, 2022, according to The Block's Data Dashboard.

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