Solana Beats Out Ethereum To Emerge As Best Performer In Terms Of TVL
Ethereum is currently dominating the DeFi and smart contract niches when it comes to the Total Value Locked (TVL). However, while Ethereum
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TVL
Huobi’s TVL drops to $2.5B amid rumors of insolvency, investigations in China
Cryptocurrency exchange Huobi has seen outflows worth $64 million between Aug. 5-6, amidst ongoing rumors about its solvency and that Chinese authorities were investigating its executives. Outflows over the weekend resulted in the exchange's total value locked (TVL) falling to $2.5 billion at the time of writing, down from $3.09
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Base’s TVL spikes 48X on BALD meme coin frenzy
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The total value locked (TVL) of Base, an Optimism-based layer-2 platform for Ethereum, is surging, increasing by 48X, partially attributed to the frenzy surrounding the BALD meme coin. As of July 30, Base’s TVL stands at $46.18 million,
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‘Multichain was a big blow’, says Andre Cronje as Fantom TVL slumps
Fantom's co-founder Andre Cronje classified Multichain's debacle as a "big blow" to the smart contract platform, which saw a sharp decline in activity in the past weeks as a result of Multichain's problems. According to data from DefiLlama, Fantom's total value locked (TVL) dropped from over $364 million in early May
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Ethereum’s zkSync Era reaches $500m in TVL
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ethereum’s Layer 2 scaling solution, zkSync Era, sees its total value locked (TVL) exceed $500 million as increased scalability continues to attract significant capital investment. In decentralized finance (DeFi), the balance of power constantly ebbs and flows
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zkSync Era’s Total Locked Value (TVL) Surpasses $500M
At press time, more than 220,000 ether (ETH), or around $378.3 million, about 121 million USDC (a dollar-pegged stablecoin) and 14.43 million MUTE, worth $7.53 million, were locked on zkSync. MUTE is the native cryptocurrency of a zkRollup-based decentralized exchange, Mute. Source
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DeFi protocol, Sturdy Finance, reopens stablecoin market despite falling TVL
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Three days after an $800,000 security breach, Sturdy Finance reopened its stablecoin market. Additionally, the decentralized finance (DeFi) protocol has offered a reward of $100,000 to anyone who could facilitate an arrest or assist in recovering
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Yield farming app accumulates $12M TVL 2 weeks after launch
A new yield farming app called Origin Ether has accumulated over $12 million in total value locked (TVL) just 14 days after launch, according to data from blockchain analytics platform DefiLlama. TVL is a metric that measures the dollar value of assets inside an app’s smart contracts.Origin Ether total value
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Stablecoin Issuer Lybra Finance Nears $100M in TVL
Lybra Finance was launched last month and uses liquid staking derivatives to offer an interesting-bearing stablecoin. Source
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Defi Market Holds Steady at $49.31 Billion TVL, Lido Finance Leads the Pack With 24.82% Share – Defi Bitcoin News
Since April 18, 2023, the total value locked (TVL) in decentralized finance (defi) has been fluctuating just below the $50 billion threshold. As of today, the TVL amounts to $49.31 billion, registering a 1% increase within the last 24 hours. TVL in Defi Shows Signs of Improvement, Yet to Surpass Previous
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