With the crypto economy that is vaulted beyond the milestone of $ 4 trillion, the total value is locked (TVL) in decentralized finances (Defi) every day. TVL only needs a lift of 7.04% to shine back the peak of all time in November 2021.
Defi Titans push to the record of 2021
In the last 24 hours Defillama.com -Statistics show that Defi $ 3,677 billion has added to his TVL, closer to the record of $ 178.841 billion on November 9, 2021. The locked value still needs a $ 11.754 billion boost to attack the record. This milestone hunt is because the wider crypto economy is $ 4.21 trillion, with the Stablecoin market bending more than $ 300 billion in value alone.
Decentralized Exchange (DEX) platforms have eradicated a large $ 18.67 billion in transactions for 24 hours, which shows that these protocols do not believe in downtime. The kicker? Traders have demanded more than $ 120.98 million in reimbursements to shake tokens around. Bottom Line: Dexes cash in on a Saturday evening such as casinos. Aave takes the crown for TVL, with the credit giant at a large $ 44.971 billion.
Source: Defillama.com
Lido is still locked on the stretch scene by $ 38.22 billion, sliding together with steady growth. Owlayer, the residual start, bends $ 18.85 billion TVL, although the one -month -hints slip on a few speed bobbels. Not far behind, Binance’s Stanance ETH protocol has $ 15.8 billion, a strong memory of the grip of the crypto company on the stretch game.
Ethena is stable with $ 14.98 billion in total value locked (TVL), hardly pushing up with a daily lift of 0.14%, an increase of 3.51% on the week and shows real muscle with a climb of 17.96% during the month. Just behind, ether.fi locks $ 11.24 billion, climbs 2.80% in 24 hours, 16.03% a week and 0.57% in the month. Spark buzzes by $ 9.22 billion, with 0.56% in a day, 7.53% for the week and a blistering 28.58% during the course of the month.
Morpho, spread over 29 chains, has $ 7.78 billion and adds 3.11% in 24 hours, a weekly lift of 12.92% and 2.67% monthly. Bitcoin’s Babylon protocol glides with $ 6.95 billion, steadily at 1.41% in the day, 9.54% for the past week and 12.30% this month. Pendle rounds things off at $ 6.77 billion, jumps 4.49% in 24 hours, but this month sinks 0.13% on the week and a brutal 37.60%.
Together, the top ten of Defi heavyweights are grooving as if it were 2021 again, with loans, deployment and repeating giants stacking billions while smaller contenders fight for the spotlight. Whether the sector that breaks through November record or simply stalls shy, one thing is clear: Defi is still a promising financial arena where the flex of each decentralized protocol adds fuel to cryptos $ 4 trillion fire.
