The total value locked (TVL) in several cryptocurrency projects achieved considerable growth. The research document published by Phoenix Group uses data from Defillama to present the top projects based on their weekly TVL growth performance. Truefi (Tru) is the top project with an increase of $ 260.2k in its TVL that represents an increase of 424% that surpasses other projects in terms of locked value.
Top projects per weekly #TVL growth $ tru $ mint $ mpl $ zrc $ note $ eul $ velo $ lvl $ $ $ $ $ puffer $ blue $ cpool $ bmx pic.twitter.com/qz6wsiuplx
– Phoenix – Crypto News & Analytics (@pnxgrp) March 9, 2025
Three Defi Projects Mint ($ mint), Maple ($ MPL) and Zircuit ($ ZRC) experienced considerable TVL growth after Truefi. Mint has $ 1.5 million, while Maple protects $ 454.4 million and Zircuit maintains a TVL of $ 890.8 million. The increasing TVL shows that the decentralized financing markets (Defi) receive more investor confidence and experience more activity.
Remarkable projects experienced TVL extension
Three Defi protocols note ($ note), Euler ($ Eul) and Velodrome ($ VELO) show a considerable TVL growth that results in value increases of $ 13.5 million, $ 377.1 million and $ 66.7 million respectively. Various Defi platforms in the list indicate that decentralized financial applications on the market are getting a growing popularity.
The TVL figures from Level ($ LVL), Earn Network ($ Ern) and tokenlon ($ LON) achieved more than $ 87.7 million, $ 3.2 million and $ 1.1 million respectively. The multiprotocol growth on different platforms reflects the various characteristics of the Defi sector, because various protocols receive simultaneous traction.
Market capitalization and investor confidence
The most important increase in TVL shows the growing liquidity and project participation levels, which arise from market confidence and shifting market dynamics. The amount of token value locked within a protocol point for increased protocol use in addition to user confidence, resulting in improved development and a growing ecosystem.
$ Idle and $ puffer together with $ blue and $ cpool reported consecutive TVL growth with $ 51.1 million and $ 172.3 million respectively. These current market trends are currently the Defi landscape by drawing more capital inflow that improves decentralized financial networks.
