DappRadar, in a new report, found that the overall total value locked (TVL) within the decentralized finance ecosystem (DeFi) declined by 10.47% in August. The total TVL now stood at $58.4 billion. According to the data from DefiLlama, DeFi TVL sat at $250 billion less than eight months ago. With only $58.4 billion, total TVL […]
within the decentralized finance ecosystem declined by 10.47% in August. The total TVL now stood at $58.4 billion., DeFi TVL sat at $250 billion less than eight months ago. With only $58.
4 billion, total TVL today stood at its April 2021 level when the DeFi ecosystem began gaining momentum. Furthermore, the totalIn August, the fall in the DeFi TVL caused the market to lose about $8.7 billion. According to DappRadar, this decline was attributable to the 8 August
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