• Written by: Crypto Breaking News
• Sun, 25 Feb 2024
•   United Kingdom

Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with ether-based liquid staking derivatives (LSDs) securing a dominant position [...]The post Defis Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022 appeared first on Crypto Breaking News.

Defis Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022

Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terras stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lidos liquid staking platform, with ether-based liquid staking derivatives (LSDs) securing a dominant position [] Source: Bitcoin.com

The post Defis Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022 appeared first on Crypto Breaking News.