Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereums Defi Dominance Loses 14% – Defi Bitcoin News - BitcoinEthereumNews.com
The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi) protocols has slipped below the $200 billion mark to $196.02 billion on Sunday morning (EST). Meanwhile, Ethereums dominance is 55.54% of the current aggregate TVL held in defi today with $108.88 billion. Value Locked in Defi Protocols Sink, Ethereum Loses Decentralized Finance Dominance The value in defi protocols has slipped from the $251 billion mark at the end of December 2021, to today‘s current $196.02 billion. That’s a drop of around 21.91% in USD value during the last two months. On Sunday, March 6, 2022, the current TVL held in defi has increased 0.11% during the last 24 hours with Curve Finance dominating the protocol pack. Curves $17.88 billion TVL represents 9.12% of the TVL held in defi, as it increased 0.64% during the last week. Curve is followed by Makerdao ($15.15B), Lido ($12.79B), and Convex Finance ($12.58B). Value locked in decentralized finance (defi) on Sunday, March 6, 2022. Ethereum still dominates the TVL in defi this weekend, but only by 55.59%, according to defillama.com chain stats. On October 5,