DeFi Total Value Locked Blasts Off to $192,000,000, Records Be | DeFi & Ethereum News
DeFi Total Value Locked Blasts Off to $192,000,000, Records Best Performance in 15 Months: DappRadar
New data from market intelligence firm DappRadar reveals that the total value locked (TVL) within the decentralized finance (DeFi) sector has skyrocketed to the highest level in 15 months. In a new blog post, DappRadar notes that DeFi’s TVL has reached $192 billion, a 17% rise from the previous month and the best it has registered since February 2022. TVL refers to the amount of capital deposited within a protocol’s smart contracts and is often used to gauge the health of a crypto ecosystem.
