DeFi TVL is back over $ 40B, dominated by Maker with more than $ 6B

DeFi TVL is back over $ 40B, dominated by Maker with more than $ 6B
  • After a recent correction, interest in the DeFi market has resumed, once again exceeding the psychological threshold of $ 40B.

Although DeFi managed to beat $ 40B already in February, this market did not escape the correction, which reduced the value of TVL from measured ATH by 20% at the end of the month.

But today we are again witnessing the moment when the total value locked in DeFi returned above $ 40B.

The correction in the DeFi market continued from February 23 till today, when the market recovered sharply to $ 40.83B just a moment ago.

As for the TOP 3 DeFi protocols, Maker maintained his lead in the lending category with a locked value of $ 6.38B (at the time of writing) and 15.61% dominance. Second place belongs to Compound, also in the lending category with a locked value of $ 5.22B (at the time of writing). Third place went to Aave again in the lending category with a locked value of $ 5.12B (at the time of writing).

Read also: Playstation 5 has been hacked to mining cryptocurrencies

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