The DeFi ecosystem has gone through a substantial advancement over the past week. The notable DeFi projects like Notional Finance ($NOTE), Thala ($THL), and Supra ($SUPRA) have dominated the market with massive TVL growth. As per the data from DefiLlama, the other names in the top-10 list include Flow ($FLOW), Gala Games ($GALA), Turbos Finance ($TURBOS), Radiant Capital ($RDNT), Giza ($GIZA), Bluefin ($BLUE), and Blackhole ($BLACK). Overall, this remarkable increase in the DeFi TVL reflects the expansion in the worldwide DeFi consumer base.
Notional Finance Dominates DeFi Market with Stunning 297% Weekly TVL Growth
The top on the list of leading DeFi projects in terms of 7-day TVL growth is Notional Finance ($NOTE). The project has recorded a staggering 297% TVL increase over the week, hitting the $3.9M mark. At the same time, Thala has successfully earned the 2nd position with a noteworthy 61.8% spike. As a result of this, its total value locked has touched the $85.3M.
Subsequently, Supra ($SUPRA) is the 3rd top platform in the DeFi sector when it comes to weekly TVL spike. Thus, with a 38.3% rise, it now accounts for a $28.2M in its cumulative TVL. In addition to this, Flow ($FLOW) has also experienced a huge 29.5% increase in its TVL. Due to this, it currently stands at $5.9M.
Following that, Gala Games ($GALA) occupies the 5th top spot, with its TVL reaching $3.3M. This figure reportedly underscores a 20.4% increase over the past 7 days. Additionally, Turbos Finance ($TURBOS) has seen a 16.9% jump in the TVL over the same period. Therefore, it now has a TVL of nearly $11.7M. In the meantime, Radiant Capital ($RDNT) has surged by 14.0%, touching $7.5M in TVL.
Blackhole Bottoms List with 10.0% TVL Growth over Week
Moving on, DefiLlama’s list of top DeFi projects in line with weekly TVL increase places Giza ($GIZA) in the 8th position. The project has claimed a TVL of almost $23.5M after a 13.5% rise. Along with that, Bluefin’s ($BLUE) 11.3% growth has pushed its TVL to $152.6M. Concluding the top-10 list, Blackhole ($BLACK) has witnessed a 10.0% growth in TVL, reaching $91.4M.