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The Daily Hodl
2023-02-17 19:45:10

Overall DeFi Total Value Locked Hits $50,000,000,000 Mark for the First Time Since November FTX Implosion

Overall DeFi Total Value Locked Hits $50,000,000,000 Mark for the First Time Since November FTX Implosion

The decentralized finance (DeFi) sector appears to be on the road to recovery after a substantial period of stagnation. The total value locked (TVL) in DeFi platforms dropped from over $50 billion to below $40 billion following the collapse of crypto derivative exchange FTX in November last year. But data from DefiLlama suggest that the The post Overall DeFi Total Value Locked Hits $50,000,000,000 Mark for the First Time Since November FTX Implosion appeared first on The Daily Hodl .

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