"Ethereum occupies 62% of DeFi TVL"

Source
Son Min

Summary

  • Centora reported that Ethereum accounts for 62% of the total value locked (TVL) in DeFi.
  • They stated that Ethereum's TVL share has been steadily increasing since last April.
  • Ethereum is reportedly trading at $4,413, down 3.93% from 24 hours ago.

A significant portion of decentralized finance (DeFi) assets has been deposited in Ethereum (ETH).

On the 26th (local time), Centora (formerly IntoTheBlock) announced on X (formerly Twitter) that "currently, Ethereum accounts for 62% of the total value locked (TVL) in DeFi" and that "the share has been steadily increasing since April."

As of 8:46 PM, Ethereum is trading at $4,413 on the Binance USDT market, down 3.93% from 24 hours ago.

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Son Min

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