The current total value locked in DeFi protocols has dropped 21.22% since January 4, 2022. Ethereum still dominates by 59%.
Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year
In January 2021, the TVL in defi was around $20 billion and today it is $201.55 billion, jumping 10x over the last year. Terra’s blockchain commands $16.94 billion, followed by Binance Smart Chain’s $12.22 billion. Fantom commands the fourth largest position in terms of TVL held by a specific blockchain with $12.06 billion today.
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