The fixed value of decentralized finance (defi) has decreased by 21.22% since January 4, 2022. At that time, the total locked value (TVL) of fi was $ 25.84 billion, but today’s TVL is about $ 2015.05 billion. Defi’s
TVL loses $ 54 billion in two weeks
While the digital currency market has lost significant value in the last two weeks, the value fixed to decentralized finance has also dropped significantly. As of the first week of January, TVL has a value of $ 54.29 billion.
Today, Decentralized TVL is $ 2015.05 billion, down 1.19% in the last 24 hours. Although the value of defi has fallen sharply, overall, the share of the crypto economy has more than doubled.
Decentralized TVL in January 2021 was about $ 20 billion, but now it’s $ 2015.05 billion, ten times more than last year. Since the beginning of 2021, Decentral’s share of the crypto economy has “more than doubled from 2.8% to an all-time high of 6.5%,” according to statistics from Coingecko.com’s annual crypto report.
At the time of this writing, the decentralized Finance Curve Finance has a 9.69% dominance rating of $ 210 billion locked. Curve is active on eight different blockchains and TVL is around $ 19.53 billion. According to the indicators, Curve’s TVL has decreased by 16.34% in the last 7 days. The curve is followed by Makerdao, Convex Finance, Aave, and WBTC, respectively, in terms of locked totals.
Ethereum Defidominance still reigns, Phantom TVL jumps 59%
Decentralized TVL today is $ 210 billion, but the value fixed to Ethereum is $ 119,040 million. Ethereum TVL is equivalent to 59.06% of the total TVL of all decentralized logs as of Sunday morning (EST). The
Terra blockchain is $ 16.94 billion, followed by Binance Smart Chain at $ 12.22 billion. Today, Fantom holds the fourth largest $ 12.06 billion position in TVL held by any blockchain.
Avalanche holds the fifth largest position on the $ 8.62 billion TVL and Solana is the sixth largest position on the $ 8.12 billion. Terra’s largest Defi protocol is the Anchor application, BSC’s largest protocol is Pancakeswap, and Fantom’s largest is the multi-chain protocol. Sunday’s
Avalanche’s largest decentralized log is Aave and Solanas is an application serum. Most blockchains have lost value in the past week, but Fantom’s TVL has increased by 59.61% and Heco’s TVL has increased by 52.77% in 7 days.
