DeFi TVL recovers after high-profile US banks crumpled

The total value locked (TVL) in decentralized finance (DeFi) protocols dropped to a two-month low after three banks in the US collapsed earlier this month. However, the TVL has been showing signs of r...

PancakeSwap still remains behind UNI for TVL

PancakeSwap failed to surpass Uniswap in terms of TVL (or total locked-in value), partly due to the US SEC’s ban on BUSD. PancakeSwap and the attempt to surpass Uniswap in TVL According to DefiLama’s ...

PancakeSwap’s attempt to flip Uniswap’s TVL thwarted for now

PancakeSwap enhances its strategy for its next attempt at surpassing Uniswap’s TVL. The latest transaction volume data reveals a win for PancakeSwap. PancakeSwap and Uniswap have been locked in a batt...

Fantom [FTM]: More addresses and transactions, but what about DeFi TVL

Fantom has seen increased ecosystem growth in the last month. FTM’s price, however, continues to plummet. Following the launch of its go-opera version 1.1.2-rc.5 mainnet upgrade on 6 March, blockchain...

CMC Ranks Top 5 Blockchains by Total Value Locked (TVL)

CoinMarketCap has categorized the top five blockchains by total value locked (TVL). The total TVL of the largest blockchains currently stands ta $71.82 billion. Ethereum stands at the top, followed by...

Cardano’s DeFi ADA tokens TVL touches new all-time high of 341M

Ad The total value of assets locked (TVL) on Cardano in terms of the ADA token reached a new all-time high of 341.42 million on March 7, according to DeFillama data. The ADA token TVL  has fallen to 3...

GMX’s growth in TVL is a matter of joy, but there’s a caveat

GMX’s registered a year-to-date growth of 43% in its total value locked. The network growth fell considerably over the last month. According to DeFiLlama, GMX whizzed past competition to become the to...

LDO TVL rises as support moves upward: Can its expansion continue?

Lido Finance has seen close to an 18% increase in its TVL within the last month. LDO has also seen over 240% increase in value since the start of the year. The Total Value Locked (TVL) for Lido [LDO] ...

Liquid staking TVL now second-largest among DeFi protocols

Ad The total value of assets locked (TVL) in liquid staking derivatives (LSD) protocols rose to $14.09 billion — making it the second-largest DeFi category, according to Defillama data. The DeFi categ...

GMX manages to shine despite low trading volumes, thanks to its TVL

GMX’s TVL surges despite low volumes. Revenue collected increases, however, daily active users decline. Recently, GMX outperformed its competitor dydx in terms of TVL. GMX’s TVL was four times that of...

Elrond TVL increases considerably, but what’s the reason behind the hike?

MultiversX’s TVL has been on a rally since the year began. After the name change and rebranding in November 2022, the chain has seen increased user activity. Formerly referred to as Elrond, MultiversX...

FlokiFi Locker Exceeds $31.5 Million in TVL

Altcoin News FlokiFi Locker surpassed $31.5 million in TTVL. Floki is currently trading around $0.00004807. The FlokiFi Locker has now surpassed $31.5 million in Total Value Locked (TVL), showing the ...

DeFi TVL Recovered its $50 Billion Market: Lido with Highest TVL

This year Decentralized Finance (DeFi) market set off to a solid start. The recent crypto market bullish outburst helped DeFi to regain its total value locked (TVL). For the first time after the FTX c...

BabyDoge Swap Surpasses Shiba Inu Dex in TVL

With the inclusion of staked tokens, BabyDogeSwap’s TVL is currently 118% higher than ShibaSwap’s. BabyDogeSwap, the native decentralized exchange (DEX) of the BabyDoge project, has surpassed Shiba In...

Adaswap TVL soars past 150k after launch of DEX while…

The crypto markets are starting to face an upturn as Bitcoin steadily rises to show a positive comeback for crypto. Cardano has also gained a lot of interest over the release of its new stablecoin DJE...

DeFi TVL of Arbitrum jumps by 50% in Eight Weeks: Whole Story 

DeFi TVL on Ethereum Layer 2 Protocol jumped 50% in less than 2 months of 2023.  Major protocols working on the network are believed to have fueled the growth.  2023 so far has proved to be a good yea...

Arbitrum’s DeFi TVL Jumps Almost 50% In Two Months, What’s Going On?

Arbitrum, an Ethereum Layer 2 protocol, has been seeing renewed interest in the market since the year began. The decentralized finance space on the network has been especially fortunate during this ti...

Arbitrum TVL Rises From $599M To $1.48 Billion By 250%

Defi analytics platform announced that Arbitrum TVL has risen by 250% since 2022. Arbitrum TVL was $599 million in July 2022 and $1.48 billion in February 2023. GMX hit an all-time high of $5,641,320 ...

DeFi TVL Experienced a Rise of 26.82% in January: DappRadar

DeFi’s platform experienced a rise of 26.82% in Jan to reach $74.6 billion. AVAX is trading at $18.09, down by 8.58% in the past 24 hours. The Decentralized Finance (DeFi) market set off to a good sta...

DeFi TVL increased 26.82% in January

Ad DeFi’s total value locked (TVL) recorded an increase of 26.82% in January to reach $74.6 billion, according to DappRadar’s January Industry report. “The DeFi market showed signs of recovery in Janu...

Rocket Pool Hits $1B TVL on Ethereum Liquid Staking Market

Rocket Pool’s TVL doubled in the last two months to reach $1 billion. Over 64% of Rocket Pool’s TVL is in Ether, with the rest in RPL. Rocket Pool now ranks third behind Lido and Coinbase on Ethereum ...

Cardano ADA: Whales transactions increased, DeFi TVL doubles

On February 3, 2023, the network had 105 transactions of over $100,000.  DeFi TVL on Cardano on January 1, 2023, was $48.95 million and recently was $105.61 million.  The buzz around it increases when...

Lido TVL Surges Ahead of ETH Staking Reward Withdrawal Testnet

The world’s largest liquid staking platform, Lido, has hit a new milestone for the amount of staked Ethereum. An upcoming Ethereum upgrade will allow the testing of staking reward withdrawals. On Feb....

Shiba Inu Bulls Awaken: TVL Reaches $36.72 Million In Two Years

The Shiba Inu (SHIB) movement has grown to become a full-blown ecosystem with the potential of disrupting the Dogecoin network as the top meme coin. The Shibaswap.com ecosystem continues to attract mo...

BabyDogeSwap Celebrates 16% TVL Win Over ShibaSwap On Ethereum 

BabyDogeSwap tweeted that they have surpassed ShibaSwap TVL on Ethereum. The news has made it to the leading crypto exchange Binance’s feed. BabyDoge’s Burn portal will also be launched on February 13...

Lido Finance: Decline in TVL, re-emergence of bears, and everything in between

Due to the fall in prices of some native coins, Lido’s TVL declined in the last week. The buying pressure for LDO has declined significantly, and a price drawback might be on the horizon. Lido Finance...

Stablecoins comprised 77% of Optimism TVL in January

Data from the decentralized finance (DeFi) total value locked (TVL) aggregator DefiLlama shows that the Optimism chain recorded positive inflows in 27 out of the last 30 days. According to DefiLlama, ...

FlokiFi locker crosses $9 million in TVL

Floki is soon looking to burn a major portion, and inventors are pooling their resources ahead of the deadline. The goal is to get on board before the great act goes live. This has pushed the total va...

EOS reports strong TVL growth after deploying this strategy

EOS benefits from a focus on dApps that incentivize staking. EOS price pattern shows signs of a possible bearish week. The amount of liquidity or total value locked (TVL) is one of the yardsticks used...

Aave V3 Is Live On Ethereum, TVL Up 24% In 1 Month

Aave V3 is now live on the Ethereum mainnet. With this upgrade, WBTC, WETH, wstETH, USDC, DAI, LINK, and AAVE are the only supported assets.  Aave V3 Improves Capital Efficiency Stani Kulechov, the co...

Two protocols control 80% of all Ethereum Layer 2 TVL

Ethereum’s leading Layer 2 protocols, Arbitrum and Optimism, surged in popularity in 2022. Combined, Arbitrum and Optimism account for four-fifths of all value locked across Ethereum’s Layer 2s. On Ja...

Solana Network On Hyperdrive With Marked Growth On TVL, NFT Trade Volume

Solana (SOL) is on hyperdrive as the network quickly gains momentum in terms of liquidity which are seen at more than 300% as of press time. Following a sweeping price decline, Solana has turned the t...