As the crypto economy crumbles, the total value locked in Defi continues to rise
About nine days ago, the total locked-in value (TVL) in decentralized finance (challenge) across
The TVL challenge on all channels increases by more than 5% over 9 days
Decentralized finance (challenge) has attracted billions of dollars and At the time of writing, the total value blocked on a myriad of blockchains is approximately $ 185.32 billion. This is approximately 5.113% higher thanue the TVL nine days ago.
At the time of writing, the TVL held in challenge is 185 billion dollars and over 5% more than nine days ago.
Statistics from defillama.com indicates that there has been an increase by 2.10% in the last day and that the Aave challenge platform has the highest level of dominance in terms of TVL (7.40%). last day, Aave was up 2.69%, but seven-day measurements show Aave 's TVL is down 4.23% to $ 13.1 billion.
One could assume that the TVL held in challenge would have lost value after the price of ethereum ( ETH ) has lost a few percentages in value.However, this is not the case, as a number of other blockchains have seen TVL values increase.
Total value locked on all Tuesday challenge compatible blockchains.
In our latest report on the subject, there was about $ 130 billion in ether locked in challenge. Today the metrics show that the current TVL ether is $ 128.1 billion. Seven-day aether TVL changes show that aether's TVL dropped 0.23% and Solana's TVL jumped 100% in one week.
Solana, Terra, Avalanche, Arbitrum Weekly TVL challenge percentages go higher
Solana (SOL) has positioned itself as the third biggest TVL challenge in the entire crypto-economy with $ 11.54billion locked on Tuesday. Terra's TVL (LUNA) was also up sharply, reaching 47.66% to hit a TVL of $ 10.38 billion today.
Binance Smart Chain (BSC) and Polygon (MATIC) ) have lost percentage points of TVL because they are older blockchain protocols compared to newer concepts like SOL, LUNA, AVAX and Arbitrum. While BSC is down 1.09% over the past seven days, it remains the second TVL leader in terms of challenge blockchains, with $ 16.6 billion.
TVL statistics for 12 different challenge blockchains on September 14, 2021.
Likewise, Polygon's TVL is the fifth biggest challenge and currently holds around $ 4.71 billion locked in. Avalanche (AVAX ) is another newbie in challengewhich rose through the ranks in terms of TVL held in challenge.
In one week, AVAX 's TVL rose 17.44% to $ 2.37 billion. Arbitrum One rose 7.449% to its current level of TVL 1.76 billion. According to statistics, the NYAN meme token has driven a huge amount of money to the Arbitrum One protocol. Other challenge chains that have seen notable increases in TVL include networks like Okexchain, Celo, and Osmosis.
What do you think of Total Value Locked (TVL) in Challenge to through