Record High for Locked-In Deposits in the Virtual Asset Market

Source
Son Min

Summary

  • The TVL (Total Value Locked) of the virtual asset market has reached a record high of approximately $375 billion.
  • It was reported that stablecoin issuers account for the largest share of TVL.
  • Following that, lending services and liquid staking were highlighted as holding significant portions.

The scale of Total Value Locked (TVL) in the virtual asset (cryptocurrency) market has reached an all-time high.

On the 30th (local time), Token Terminal announced via X (formerly Twitter) that "the TVL in the virtual asset market has reached an all-time high," adding, "Currently, TVL is around $375 billion."

Notably, the sector with the largest share of TVL is stablecoin issuers, followed by lending services and liquid staking.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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