May 24, 2024

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Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains

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Defi’s TVL Declines by  Billion in April Despite Growth in Bitcoin and Newer Blockchains
Defi’s TVL Declines by  Billion in April Despite Growth in Bitcoin and Newer BlockchainsThe total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance and Solana. Despite the overall downtrend, Bitcoin, Base (a Layer two blockchain […]