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.
