The global total value locked in DeFi protocols reached $100.1 billion on March 9. These figures, however, still fall short of the $189 billion record set in November 2021.
The demand for Bitcoin is fueling sentiment around the crypto industry, driving the capital locked on-chain to over $100 billion on March 9.
According to data from DefiLlama, the global total value locked (TVL) in decentralized finance (DeFi) protocols reached $100.1 billion, with more than $10 billion in volume in the past 24 hours at the time of writing. However, these figures still fall short of the $189 billion record set in November 2021.
Liquid staking protocol Lido is leading the charts with $38.7 billion locked on-chain, followed by the staking ecosystem EigenLayer and the Aave protocol with over $11 billion locked, respectively.
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Source: https://cointelegraph.com/news/defi-tvl-reaches-100b-bitcoin-pumps-sentiment