Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (MATIC)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

The total TVL of DeFi sector projects has exceeded $100 billion.

DeFi: The total TVL of DeFi sector projects has exceeded $100 billion.

On March 5, 2024, accumulated blocked assets (TVL) in the DeFi sector surpassed the $100 billion mark. This achievement is significant for the industry and a result that has not been seen in the last two years.

According to available data, the total TVL in the last 24 hours reached USD 101.36 billion. This asset volume was spread across various sectors including:

  • #Loans - $32.62 billion;
  • Decentralized Exchanges (#DEX) - $19.97 billion;
  • Collateralized Debt Positions - $12.22 billion;
  • Restructuring - $10.06 billion;
  • Miscellaneous Sectors - $26.49 billion.

It should be emphasized that the statistics provided by the DefiLlama platform differ from those disclosed by the mainstream media: according to DefiLlama, the total value of DeFi's TVL sector is US$95 billion, and this difference is due to the exclusion of subchains from the calculation.

The last time the DeFi industry's TVL exceeded the $100 billion threshold dates back to May 2022, when the publication recorded a peak of $112.67 billion.

Renowned analyst Rebecca Stevens believes that the sharp growth of TVL can be associated with the recent jump in the historical valuation of cryptoassets, in particular #bitcoin. According to the expert's analysis, such market dynamics not only had a positive impact on the dollar value of the index, but also increased the community's interest in the DeFi sector.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Press Releases: Celebrates 11th Anniversary with Prize Activities and Vision for the Future, a leading crypto exchange and Web3 innovator, has announced its 11th-anniversary celebrations, showcasing its milestones and launching prize-winning activities for its global user..
Market and Events: Binance launches small and mid-cap initiative
Cryptocurrency trading platform Binance aims to address the prevalence of tokens with low market capitalization compared to their fully diluted value (FDV). To address this issue, Binance is..
Press Releases: Happening Right Now - Marginly is Bootstrapping Liquidity
Marginly, the leverage-as-a-service protocol that enables one-click leverage on yield-bearing assets, kicked off its Liquidity Bootstrap Event on May 15. The protocol is rewarding..
Altcoins: The founder of Telegram commented on the launch of the Notcoin token
Pavel Durov, the creator of the Telegram messaging platform, shared his thoughts on the introduction of the Notcoin (NOT) cryptocurrency. He emphasized that the initiative has attracted more..
Make crypto bots for trading