Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54% – Defi Bitcoin News

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Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54% – Defi Bitcoin News
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Sunday's statistics show the TVL in DeFi today is hovering around $210.29 billion with Curve Finance dominating by 8.75%.

As the crypto economy nears the $2 trillion mark, the total value locked in decentralized finance has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today is hovering around $210.29 billion with Curve Finance dominating by 8.75%.The value locked in decentralized finance has once again risen above the $200 billion mark as it’s been coasting along at $210.

Terra’s Anchor protocol is now the largest lending defi protocol by TVL with $14.08 billion, while the lending protocol Aave holds $12.83 billion.In terms of TVL dominance among the several blockchains that support defi protocols, Ethereum dominates the $210.29 billion with 54.92% or 115.27 billion total value locked. Ethereum has a total of 570 different decentralized finance protocols with various TVLs on March 20.

On March 20, the top smart contract platform coins by market valuation equate to $642 billion in value. The top five smart contract platform coins by market cap include ethereum, binance smart chain, terra, solana, and cardano.

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