The 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 […]
Source: https://news.bitcoin.com/defis-tvl-declines-by-10-billion-in-april-despite-growth-in-bitcoin-and-newer-blockchains/